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Main / Discussions / Optimal Price to Charge for Souvenires Search Forum
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virus
posted: 2012-11-22 03:09:49 (ID: 69452) Report Abuse
Any ideas on this for each type of souvenire?

Want to set prices, so

- - I maximize # of sales

BUT ALSO

- - maximize profit from each sale.
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hosh13
posted: 2012-11-22 04:08:42 (ID: 69454) Report Abuse
I will give you 2 hints -

1/ The object is not to sell as much as possible by having low prices.

2/ The object is not to maximize return on investment with high prices.

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oddball
posted: 2012-11-22 09:03:19 (ID: 69472) Report Abuse
hosh13 wrote:
I will give you 2 hints -

1/ The object is not to sell as much as possible by having low prices.

2/ The object is not to maximize return on investment with high prices.



as imformative as ever!

personally i would just find a price you're happy selling them at.
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