My Price Formula - Is it High or Is It Low?

[Raff]

I need someones opinion & help.

What can you say about my Price Formula? Is it High or is it Low? Considering all the factors (that i actually did not know for now because im new to this kind of business) such expenses?

0.1 > 4.99 * 2.3
5 > 10.99 * 2.2
11 > 15.99 * 2.1
16 > 20.99 * 2
21 > 25.99 * 1.9
26 > 30.99 * 1.8
31 > 35.99 * 1.7
36 > 40.99 * 1.6
41 > 45.99 * 1.5
46 > 50.99 * 1.4

 

[Jimmy]

Check this page: https://forum.alidropship.com/threads/what-are-your-price-markups.1196/#post-6373

 

[Raff]

Check this page: https://forum.alidropship.com/threads/what-are-your-price-markups.1196/#post-6373

That is the first formula i used and i find it too high.?

 

[Jimmy]

That is the first formula i used and i find it too high.?

Me too. But everything is about what kind of products you sell, how much competition there are, etc.

 

[nenene]

Me too. But everything is about what kind of products you sell, how much competition there are, etc.

This. Depends on the perceived value. Using universal price formulas is very bad, it could work if we all had the same niche, and the same niche products.
Moreover,you don't have to be the cheapest to sell. Depends on how your present the product.

 

[Jimmy]

This. Depends on the perceived value. Using universal price formulas is very bad, it could work if we all had the same niche, and the same niche products.
Moreover,you don't have to be the cheapest to sell. Depends on how your present the product.

As I wrote: But everything is about what kind of products you sell, how much competition there are, etc.