Home – New Forums Starting your journey Skincare pricing for wholesaler and retailer Reply To: Skincare pricing for wholesaler and retailer

#1215908
Cindy G
Member
  • Total posts: 9
Up
0
::
steve201, post: 260244, member: 13649 wrote:
Hi cindy,

To work out your gross margin, you first need to work out your landed cost price.

For example, what does it cost you to buy your products , store them and ship them?

Once this is done , subtract the landed cost price from the RRP, to arrive at your product margin.

Note, if your RRP is fixed, then you can only control profits by cost cutting and product sales volume.

Hope this helps.

Steven Thomas CPA MIPA

Thanks Steven. Yes, That’s the tricky part. I have to make sure my price is attractive enough to get retailers to buy my products. That’s why i was hoping anyone in skincare industry is willing to share their margins info with me.