Hey I am on Medialย โขย 10m
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 Staynix๐ ย โขย 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
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Gameberry Labsย โขย 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
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Data Analytics | ๐๏ฟฝ...ย โขย 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
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Hey I am on Medialย โขย 1y
UK-based Vodafone Group Plc is reportedly looking to invest as much as Rs 3,000 crore of equity in its Indian telecom joint venture (JV) Vodafone Idea Ltd., Moneycontrol reported. The report comes after the UK-based company announced that it had so
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Love to do something...ย โขย 7h
hi everyone helps to validate my idea . . . Online Wholesale market place for the retails Like in sadar bazar If you buy 1-5 pcs of product it is almost the same price as a normal market place But for 12 pcs/box it's different but not same pr
See MoreROBOTICS AND AUTOMAT...ย โขย 6m
The MRP Challenge ๐ฎ๐ณ ๐งพ In India, most products sold must comply with Maximum Retail Price (MRP) laws. That means: โก๏ธ No room to mark up items โก๏ธ Canโt include machine maintenance, electricity, rent in price โก๏ธ Lower or no margin = no ROI in short
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