Price Sunlit Corporation

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PRICE

The proposed price of our product is thoroughly researched and studied based on how much the
materials are and how much the process of the product will cost. Crafted at a cost of 1,100, the SUNLIT
CORPORATION gives a fair pricing because of how much the process costs, the SUNLIT CORPORATION.
presents a fair pricing of 2,125 with a profit of 1,025, this proposed price intends to strike a healthy
balance between market appeal and it was also strategized to make sure for every product we sell our
business will be expanding and improve.

MATERIALS

Battery Cells Php 150


Fan Components Php 250

Solar Panels Php 300


Casing & Housing Php 150

Wiring Electronics Php 150


USB ports & Connectors Php 100

Gross Profit Per Unit

2,125 – 1,100 = Php 1,025

Markup Percentage

1,025 / 1,100 x 100 = 93%

Selling Price

1,100 + (1,100 X 93%) = 2,125

PRICING
Cost Php 1,100
Selling Price Php 2,125
Gross Profit Per Unit Php 1,025
Markup Percentage 93%
JUSTIFICATION FOR MARKUP PERCENTAGE AND SELLING PRICE

SUNLIT CORPORATION caters to a niche audience comprising individuals reliant on their gadgets round
the clock, targeting primarily college students, professionals, and avid travelers. The company's
innovative device serves as an ideal solution for keeping mobile phones charged, enabling users to stay
updated and connected consistently.

Regarding pricing, SUNLIT CORPORATION has meticulously crafted its strategy to align with the unique
needs and preferences of the market. By implementing a pricing model that incorporates a 93% markup
on the product cost, set at Php 1,100, the resultant selling price reaches Php 2,125. This strategic pricing
approach serves multiple purposes, allowing the business to effectively cover various operational
expenses. These encompass substantial costs such as mall rental fees, electricity expenditures, raw
materials, and the manpower required, totaling approximately Php 1,832,000 yearly.

This pricing strategy not only ensures the company's sustainability but also facilitates the provision of
high-quality products and services to its target consumers. By factoring in overheads and operational
costs, SUNLIT CORPORATION remains well-positioned to deliver reliable, efficient, and constantly
evolving solutions that cater specifically to the demands of its gadget-dependent clients.
PRICE

The proposed price of our product is thoroughly researched and studied based on how much the
materials are and how much the process of the product will cost. Crafted at a cost of 1,100, the SUNLIT
CORPORATION gives a fair pricing because of how much the process costs, the SUNLIT CORPORATION.
presents a fair pricing of 2,125 with a profit of 1,025, this proposed price intends to strike a healthy
balance between market appeal and it was also strategized to make sure for every product we sell our
business will be expanding and improve.

MATERIALS

Battery Cells Php 150


Fan Components Php 250

Solar Panels Php 300


Casing & Housing Php 150

Wiring Electronics Php 150


USB ports & Connectors Php 100

Gross Profit Per Unit

1,999 - 1,100 = 899

Markup Percentage

899 / 1,100 X 100 = 81.72%

Selling Price

1,100 + (1,100 X 81.72%) = 1,999

PRICING
Cost Php 1,100
Selling Price Php 1,999
Gross Profit Per Unit Php 899
Markup Percentage 81.72%
JUSTIFICATION FOR MARKUP PERCENTAGE AND SELLING PRICE

SUNLIT CORPORATION caters to a niche audience comprising individuals reliant on their gadgets round
the clock, targeting primarily college students, professionals, and avid travelers. The company's
innovative device serves as an ideal solution for keeping mobile phones charged, enabling users to stay
updated and connected consistently.

Regarding pricing, SUNLIT CORPORATION has meticulously crafted its strategy to align with the unique
needs and preferences of the market. By implementing a pricing model that incorporates an 81.72%
markup on the product cost, set at Php 1,100, the resultant selling price reaches Php 1,999, this is an
example of an odd pricing strategy. The strategic pricing approach serves multiple purposes, allowing
the business to effectively cover various operational expenses. These encompass substantial costs such
as mall rental fees, electricity expenditures, raw materials, and the manpower required, totaling
approximately Php 1,832,000 yearly.

This pricing strategy not only ensures the company's sustainability but also facilitates the provision of
high-quality products and services to its target consumers. By factoring in overheads and operational
costs, SUNLIT CORPORATION remains well-positioned to deliver reliable, efficient, and constantly
evolving solutions that cater specifically to the demands of its gadget-dependent clients.

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