Thoughts on this pricing model for Fishing lures?
Pricing Model
Cost to Make a pack: $1.37
Cost to Distributor: $2.19 (37.40% Profit Margin)
- 20% margin for Distributor
Cost to Tackle Shop: $2.73 (49.80% Profit Margin)
- 40.10% margin for Tackle shop
Cost to Consumer: $4.56 (70% Profit Margin)
Pricing Model
Cost to Make a pack: $1.37
Cost to Distributor: $2.19 (37.40% Profit Margin)
- 20% margin for Distributor
Cost to Tackle Shop: $2.73 (49.80% Profit Margin)
- 40.10% margin for Tackle shop
Cost to Consumer: $4.56 (70% Profit Margin)
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