//Cost Pricing or Cost Plus Pricing
Cost Pricing or Cost Plus Pricing 2017-08-10T17:24:53+00:00

Cost Pricing or Cost Plus PricingThe most common way of pricing. The price is generated by multiplying the cost of production by a given multiplier to give the sales price. A simple way to price products but does not necessarily reflect market prices and is not the best way to optimized profitability. Often used in retail where individual items would be too tedious to price per item.