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Cost and Profitability
First Section
Course overview and objectives (1:01)
Introduction to cost and profitability (2:16)
What is a cost and how do you calculate a product costs? (2:55)
Calculating a price and adding a margin (2:19)
What is an operating margin? (3:01)
What is a discount (2:01)
How discounts and cost affect your margin? (1:40)
What is sales volume?
Retail magic formula - margin x volumes - marketing (1:24)
Course test
Calculating a price and adding a margin
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