"Swingman" wrote in message
...
"Todd Fatheree" wrote in message

This is why I shake my head wondering after reading all of these
responses
of cost-based pricing

Keep shaking your head because you missed the point completely. I did not
say that was THE way to price, but just how often it turns out to be the
case when you go back an figure it up.

And I could give many examples of when it's wrong. I wasn't responding to
your post anyway. But I see lots of other posts talking about starting at
figuring out your material cost plus some cost of labor to arrive at a
price.

I can tell you that the whole concept of pricing your product based on
your
costs is wrong.

LOL ... IME, there is as much "wrong" with that statement as there is in
using it solely for a business philosophy.

Well, it doesn't much matter what you (or I) think. In a capitalist
economy, that's the way it works. The market doesn't give a damn about how
much your costs are, so there isn't any point in using that as a starting
point to arrive at price. If you want to enlighten us on why that is wrong,
feel free.

todd