Question
what price should I set up to sell jeans per unit if making them costs around $10-$30?
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Answered by
GPT 3.5
It ultimately depends on the level of quality, brand reputation, target market, and competition. However, a common pricing strategy is to use a markup of 50-100% on the production cost. Therefore, for jeans that cost $10-$30 to make, you could consider pricing them around $20-$60 per unit. You may also want to conduct market research and consider factors such as demand, perceived value, and pricing elasticity when determining the final selling price.
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