Pricing Calculator - Calculate Product Selling Price Online

Outstanding features

Why is correct pricing important for business?

Pricing is one of the most important decisions in business. Price too high: Loss of customers to competitors, inventory loss, reduced sales. Price too low: Not enough profit to maintain, no money for marketing and development, possibly losing money without knowing it. Correct pricing requires: Calculating all costs (many people forget about overhead and their time). Ensure sufficient profit margin for sustainable business. Compete with the market. Reflects the value the product brings. This tool helps you calculate scientifically, without guessing, ensuring that each product sold is profitable.

Benefits when used

• •Make sure not to sell at a loss - account for all costs
• •Profit margin is clear for each product
• •Compare with competitors to determine price
• •Many reference prices for different strategies
• •Decide on price based on data, not guesswork
• •Save time on manual calculations
• •Applicable to all types of products
• •Unlimited free

How to calculate product selling price

1. 1Enter raw material costs for 1 product
2. 2Enter labor costs (if hiring) or estimate the value of your time
3. 3Enter the cost of shipping raw materials to
4. 4Enter packaging costs (boxes, bags, labels...)
5. 5Enter the overhead cost divided by the number of products (electricity, space rental, software...)
6. 6Select desired profit margin (recommended 30-50% for retail)
7. 7Enter competitor prices to compare (optional)
8. 8See suggested selling price and profit
9. 9Refer to 4 price levels to choose the appropriate strategy