3 Reasons Why Your Ecommerce Product Sale Price Calculation is Wrong
3 Reasons Why Your Ecommerce Product Sale Price Calculation is Wrong
For a free eCommerce Product Sale Price Calculator that includes hidden expenses, go to:
3 Reasons Why Your Ecommerce Product Sale Price Calculation is Wrong
Imagine this...
Our eCommerce store is awesome,
our go-to-market execution is impeccable,
we receive 100s of orders in no time at all.
Paaarty time? Maybe not. Here's why?
Hey, don't mean to be a party pooper.
But too frequently eCommerce merchants (including us as well :-( ) have made serious mistakes in calculating product sale price
So the 100s of orders so smartly generated, lose money on every order or at least profit is not what you think it should be.
Oopsie!
Reason #1
Underestimating the cost to sell
Maybe paid ads are not converting as efficiently as you thought. Maybe we neglected the 2-4% in credit card charges
Reason #2
Hidden expenses
Costs such as discounts, returns, and end of shelf-life can bite, if overlooked
Reason #3
Shipping
Estimating the cost of shipping, especially oversized or freight items can be tricky and is often underestimated.
Invest just a day this year, to drill down diligently to figure out all the common & "hidden" expenses, then feed this data to your sale price calculator.
Then, paaarty the other 364 days!
What “hidden” cost was the gotcha in your sale price calculation? Comment below.
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