Hi all. Being new to the entreprenueral world, I have a question regarding the price point of my product I have invented. From what I understand, after factoring the total cost of manufacturing the product, from start to finish, you then need to basically double that cost and use that as the price point, in order to make a viable profit, and also to make room for a reduction in that figure when selling to wholesalers/distributors. Am I in the right ballpark ? Thanks in advance !
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