Food product pricing is a very
important step in succeeding your food business. Food product pricing not only
includes raw material and manufacturing cost but also it includes other
investments in various key areas. Below are the checklist which you have to
access for food product pricing.
- Raw material cost
- Production cost
- Maintenance cost
- Over heads (salary of non-production team, Office EB, Interest, Rent, Depreciation, Conveyance, Investment on knowledge and so on)
- Marketing investment
- Logistic cost
- Channels - C&F,Super Stockist, Distributor, Retailer
- Packaging material
- Profit %
- Government charges
The ability to price competitively
determines the business success.
Your ability to select which you can sell most and make higher profit is
a key skill to entrepreneurRead More : www.foodbuddies.in
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