Amazon pricing

Simple tips to price your Amazon products

Consider your total cost First and foremost, analyze and calculate the total cost of the product For a manufacturer, the following costs will be involved Raw material cost Overheads Tax For a retailer, the following costs will be involved Cost price Tax Once you have calculated the total cost of the product, define the profit margin for the product. The selling price can usually fluctuate (+ or -) depending on some of the factors that will be discussed henceforth on this blog. Analyze your competition  When you are selling on Amazon, you are one among plenty of other sellers and there will be at least more than 10 sellers who are into the same/ similar product segment as you are. […]