“I always tell them, start your retail price should be roughly five times cost-ish.”
Road 2 Retail · Episode #179 Andrea Ridout- Managing partner White Rock Granola
Play from 30:59
30:59
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What was described
set retail price at roughly five times the unit cost as a starting point
5×
Said nearby on the same subject
“When Home Depot launched Skelly in 2020, it really changed the industry. It was the first time that we really brought giants ... to retail with retail pricing and made them accessible to customers.”
“The price is $2.80 per conversation… the retailer can estimate its conversation charges by multiplying the expected number of conversations by that price.”