Price your products based on customer sensitivity. Do not miss on the opportunity to be more profitable.
Increasing price cannot always result in high profit. With increase in price there can be decrease in unit sales. This can result in reduced revenue and margin.
Pricing analysis can help user do such analysis. User can set sensitivity parameters such as "what percentage of unit forecast will be increased/decreased with the percentage increasing/decreasing of price".
User can try change price and see the impact on revenue, profit and margin.
A must have application for any small business owner. It allows user to compute profit and margin for their products.
Application is simple to use and a very helpful tool for business owner.
Use it along with "Price Me" application.
- iPod Touch