price

Price

 

Price is the amount of money customers, offering discounts, trade allowences and credit terms. Customers are interested in more than just the price;they are interested in the total costs of obtaining , using, and disposing of  a product. ( pg54)

                         The product I am creating gave me thrill and I had spent weeks figuring out how the package would look just how small the toasted cheesy bread snacks would be . The next step I knew I had to do was to start pricing snacks and to figure what would  be the best price to make my packages. So I started by first researching it online line by seeing how much the average toasted snack cost and to also take in the fact how much it would cost to produce my snack , how many I wanted to make and what would be the best price so I could make a profit from my product. There are so many factors in pricing first I had to look at how would my snack be made would I make it myself or have someone else make it. Then were would my packaging come from a small plant or would i buy it myself and put it together. I also had to take into consideration the quantity that I wanted my product made. I have to admit I was both excited and nervous at the same time. This was the first time in my life that I had ever thought of creating a snack to sell to the general public but teaming up with friends and networking all my resources I knew that it wasn't impossible.