How to Price Your Products Right and Make More Profit Many business owners in Nigeria are making sales every day but still struggling financially. Customers are buying, money is entering their accounts, and products are leaving their shops, yet there is little or no profit left at the end of the month. How to Price Your Products Right and Make More Profit The problem may not be a lack of customers. It may be the way they price their products. If you sell clothes, shoes, cosmetics, foodstuffs, electronics, phone accessories, or any other product, knowing how to calculate your selling price can help you avoid losses and build a more profitable business. Here is how to price your products correctly without chasing customers away. 1. Know the Actual Cost of Your Product Before deciding how much to charge, calculate how much it truly costs you to get each product ready for sale. Your expenses may include the purchase price, transportation, delivery from your supplier, packaging, loadin...