Underestimating real costs can lead to pricing mistakes as it may result in setting a price that is too low to cover all costs and generate profit. If the actual costs of production, marketing, and delivery are higher than estimated, the price set may not be sufficient to cover these costs, leading to losses. It's crucial to accurately estimate all costs to set a price that ensures profitability.
Take the most advantageous pricing approach to increase profitability of your organization. Use our...
Download template