Hey everyone.
IDEA VALIDATION!!!
I want to build an app for workers like plumbers, carpenters, painters, etc. that can be called in order to do fix little things like in a day to day life basically to provide a service in return of money.
Selling at cheaper price can be great for attracting customers but there your margin will shrink. You can't only play in pricing, try to focus on cost optimisation, distribution and other unique offerings.
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Wth is CM1, CM2????
CM - Contribution Margin
Contribution margin is the selling price per unit minus the variable cost per unit.
CM1 =
Contribution margin one= selling price- material costs - logistics costs.
CM2=
Contribution margin two= sellin
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