Margin on selling price

R295

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In 30 minutes you will work out the margin on selling price from a cost price and a VAT-exclusive price. You will also set a price that hits a target margin exactly, and the lowest safe sale price. And you will tell a margin on selling price apart from a markup on cost before reporting it.

SKU: PL-MCB-NUM-22
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Description

Who it’s for: Anyone in business who works with prices, costs, budgets or reports and wants to be sure the numbers are right.

What happens in it: a short film shows a jacket, a margin target from head office and a price that adds the percentage to cost and misses. In Your call you make the decisions in a real case: best-selling sneakers, a weekend sale that goes too deep, and a margin floor to protect. Then, in the boardroom, you make the case to Feroza, the merchandise director, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 2 of 5 in the Pricing for profit season of the Numbers for Business series.

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