How do you Calculate the Selling Price of Food [ How much should I mark up food]

How do you Calculate the Selling Price of Food [ How much should I mark up food]
How do you calculate your selling price of food and how much should I mark up food when I'm looking to sell it online? It's actually through Shopify. There are three different types, three different levels of Shopify depending on how big of a store you want to have. Shopify is a fantastic platform by the way, to sell food of any kind. You can even tap into their POS system and their website and integrate all of that together.

If you're looking to sell through stuff through cottage food from home, and you want to sell locally, you can use them. The average selling amount for us on our platforms is between 28 to 30 to $35. That could be two, three, four% or even higher of the transaction. You also have to keep in mind Shopify charges, as I showed you the $29 a month fee. You want to make sure that you're making enough money on each transaction.

One of the best ways to increase a per transaction amount is going to be through bundling. So $5 items, you know, this is not going to make it what you need. When it comes to specialty food products, it's not, there's some products that we actually make that we cost us around 2 25 to 50. So we make around $20 per unit of that particular product because we make it to order and it's very inexpensive to make.

Here is the link to the calculator: https://marketingfoodonline.com/blogs/news/how-to-calculate-the-selling-price-of-food

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