HOW TO PRICE YOUR PRODUCTS | MAKE MONEY ONLINE IN | OPEN AN ONLINE BOUTIQUE | ONLINE SIDE HUSTLES
In this video, Jade, a boutique owner, discusses the importance of considering various costs like shipping, customs fees, packaging, and time when pricing products. She emphasizes the need to calculate the true cost before deciding on a markup. Jade also talks about the significance of knowing your target audience, monitoring competitors' prices, and building a premium brand to determine the appropriate markup. Additionally, she advises on being cautious with discounts to ensure profitability.
Sep 03, 2024