Define base, offer and discount prices for each product.
Product pricing is an important step in any business. Product pricing involves pricing your products and services, including setting base prices, offering discounts and planning seasonal promotions. Product pricing must be done carefully in order to establish a fair price for each item, as well as take into account company overhead and other costs.
Base prices should normally reflect what the product is worth and what you can reasonably expect to sell it for. If you offer discounts or promotions throughout the year, keep a record of these prices so you can compare them to the original base price and determine the profit you can make on each sale.
