Frame Pricing: Markup by Collection, Shelf Prices with MROUND & Margin %
This lesson is part of the course
In this lesson
You price ten fictional frames with a markup factor per collection, round them to shelf prices that end in 9, measure the margin of each shelf price and work out the price a frame needs for the target margin.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – full access.
Lessons in this course
- Appointment Capacity: Slots per Day & Week, Booking Rate and No-Show LossesFree
- Capture Rate: From Appointments to Eyewear Orders, by Appointment Type Locked
- Frame Pricing: Markup by Collection, Shelf Prices with MROUND & Margin % Locked
- Lens Options: Take Rates, Option Margins & Average Order Value with SUMPRODUCT Locked
- Contact Lens Plans: Subscribers, Churn, Monthly Recurring Revenue & Lifetime Margin Locked
- Frame Stock: Age in Days, Ageing Buckets with IFS, Markdowns & Stock Turns Locked
- Remakes & Returns: Remake Rate, Cost per Remake and the Effect on Margin Locked
- Practice P&L & Break-Even: Contribution per Order, Break-Even Orders & a Profit Chart Locked