💰 Many brands sell well...But there is no profit left because the price is wrong from the beginning.

One of the common misunderstandings of supplement brand owners is that the price is based on the "production cost" alone. In fact, there are many other costs that affect the profit of the business.

Before the sale price, you should look at all three layers of cost.

✅ Product costs such as formula, packaging, labels and production costs.

✅ Cost per order such as commission, discount, freight and advertising costs.

✅ fixed costs of brands such as formula development, marketing, salaries and administrative systems.

Also, putting a single price may not be enough. Strong brands should set 3 price levels, viz.

• Regular price for creating a brand image

• Average sale price after promotion and discount

• The lowest profitable price to plan a campaign without affecting the business

💡 Brand Insight:

A good price is not the cheapest selling price, but the price that makes customers make purchase decisions and makes the brand grow in a sustainable way.

If you are planning an iBio supplement branding, ready to help plan from formula development to cost calculation to end-to-end production to keep your business growing steadily from day one.

Interested to start branding supplements. See:

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➡️ @ ibio | https://line.me/R/ti/p / @ ibio

Inquiry

☎️ 02-713-8989

📞 061-632-5892 (Khun Neng)

📞 095-508-1291 (Mr M)

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# iBio # Supplement factory # Produce OEM Supplements # Newbie brand owner # Supplement business