Use this worksheet to assess profitability of a given product/service, based upon the cumulative potential revenue generated through each sales channel. Total retail stores x Wholesales Cost x Units sold / store
1. We have factored in the global potential for our product/service
2. Company sells Direct at Street Price
3. Costs of Goods Sold and / or Royalties paid to product developers
4. Total revenue less sales commissions, partner fees and royalties.
"Subjective Simplicity" enable you to factor in the relative costs, difficulties, etc. to develop / marketing this product / service—some products may generate lower profit, but may be ready to sell now, while a more profitable product will take more effort and time. This measure simply enable us to determine the "low hanging fruit."
Click VIEW to see an example—Watch for the EXPANSION button to see a larger image clearly.
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