Remakes & Returns: Remake Rate, Cost per Remake and the Effect on Margin
This lesson is part of the course
In this lesson
You build the cost of one remake from its fictional cost items, measure the monthly remake rate and remake cost, and compare the margin before and after remakes and returns for half a year.
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Lessons in this course
- Appointment Capacity: Slots per Day & Week, Booking Rate and No-Show Losses Locked
- 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