Hey I am on Medial • 6m
in India we have more then 50 department and ministry like agricultural department..finance ministry..home ministry etc..etc... apart from this Mr prime minister should introduce one new department in the name MRP department...maximum retail price . which should be changed by minimum retail price . for ex ciggerate manufacturing cost is 80 paise without filter and 1.25 with filter which is sold for 10 to 15rs in retails.. cool drinks like coke..pepsi . 8.75 for 500ml is the manufacturer cost and the same is sold for rs 45 in retails . and the biggest market is medical market..where medicine are sold in approx 100% margin .like saridon tablet is sold for rs 3 mrp and the exact manufacturing cost is 16 paise... 650 ml beer is sold for rs 160...and the manufacturing cost is 22rs... Indian government should introduce mrp department and ensure minimum retail price for all products from a pin to aeroplane.. thanks and regards
Building Staynix🏠 • 1y
Thought of pricing the product directly instead of striking out the higher price and show the lower price. For example, The product cost is posted as Rs.5000 ,striked it and the final price is Rs.2000. Do you think that strategy still works? I th
See More•
Gameberry Labs • 1y
Yo, I'm a bit confused about something. I'm ordering a packaged food item, and the MRP (Maximum Retail Price) is supposed to include all taxes, right? But why is Swiggy charging me GST (Goods and Services Tax) on top of that? There's also a platform
See MoreData Analytics | 𝐀�... • 1y
Imporant metric for Start-ups - Break Even Units Suppose we are a shoe brand and we want to calculate our units to be sold for break even (No profit No Loss) Fixed Cost - 4,00,000 Selling Price per Unit - 1200 Variable Cost per Unit - 800 Contributi
See MoreROBOTICS AND AUTOMAT... • 1m
The MRP Challenge 🇮🇳 🧾 In India, most products sold must comply with Maximum Retail Price (MRP) laws. That means: ➡️ No room to mark up items ➡️ Can’t include machine maintenance, electricity, rent in price ➡️ Lower or no margin = no ROI in short
See MoreDownload the medial app to read full posts, comements and news.