When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. If you are too expensive, you risk losing to your competitors, but if you are too cheap, you risk not making a profit.
In order to calculate the best price, it requires a little math and a little research in your industry. In this article, we will walk you through a few of those formulas as well as some steps you can take to create successful pricing strategies and profit margins.
