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In essence, you will need to figure out the right proportion of profit per unit and the ideal number of purchases. There are a variety of ways to price your product and aid in this process however the most efficient way is to typically mix at least 2 strategies.
Pricing can really make or you or your business's success, so it's crucial to take enough time here to get it right. Also, keep in mind that depending on your overall strategy you are able to incorporate additional strategies into the mix to increase the value of each customer and the value they will bring to your business over time.
The way it works is just by taking the total cost of a particular unit as indicated in step 1. (transportation and other variables with it) and then either simply include the margin you want on top of this or choose a set amount that you deem optimal. The total cost will be the final cost of the item.
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