How to set the price of a product
When it comes to setting the price of your goods, there are many factors you have to consider. This is how to actually…
Overview
When it comes to setting the price of your goods, there are many factors you have to consider. This is how to actually set the price of a product. This version is adapted for Nexbal with a shorter, practical structure.
Key Takeaways
- This article is part of our pricing series
- Use the cost price to set the price of a product
- Consider how much profit you want
Practical Checklist
- Define the process and responsibilities before you invoice.
- Verify customer data, amounts, taxes, and due dates.
- Use a consistent template and keep documentation in one place.
- Follow up unpaid invoices with a predictable reminder flow.
Start invoicing with Nexbal
Use Nexbal to create and send professional invoices with less manual work.