Setting Up Your Cost of Goods Part 1
- Track: Pricing & Packaging
- Tags: A La Carte Pricing, Cost of Goods, Pricing, Products
- Air Date: November 25, 2020
This week, work along with Alissa Cincotta as she calculates the cost of goods for SCP products using the COGs spreadsheet template.
- Why your cost of goods is important to understand
- Real-life scenario of a custom package
- Setting up the a la carte tab in the COGs template
- Why is 20% the rule of thumb for Cost of Goods?
- How to calculate your A La Carte prices
- Filling in the items in your packages
- Explaining the formulas in the template
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