This model goes beyond texbook "straight-line" relationships between prices and sales to estimate optimal prices.
An optimal price is one that yields a maximum of either revenue or profit, by taking
into account cost of goods and other per-unit expenses you choose to include.
This model helps you:
- 1. Model price changes before making them
- 2. Set price to optimize revenue
- 3. Set price to optimize profit
The model helps you to focus on improving your pricing, not on building preadsheets.
If you want to include the impact of your other products or competitors' products, then
try our model "Price Elasticity for Several Products".
Try our customizing process now for free. It's easy - and fast. If you like what you see, buy your model, download it and start optimizing your prices.