806: COGs & Margins - The Math Behind Profitable Pricing
Manage episode 486643698 series 3560247
You can't scale your brand if you don’t understand your numbers. In part three of the pricing series, we’re talking all about COGS (Cost of Goods Sold) and margin — what they are, why they matter, and how to reverse-engineer your retail price to protect your profits. This is the financial foundation you must have before stepping into retail.
In this episode, you’ll learn:
What’s included in your true COGS (hint: it's more than ingredients)
How to calculate margin and why it’s non-negotiable for growth
What “retail math” looks like in real scenarios
Why margin protects your business through retailer asks and promos
🧮 Get your calculator and take notes — your future margins will thank you.
Links: 🔗 Monique Benoit on Instagram🔗 Monique Benoit on LinkedIn🔗 Scaling Emerging Beauty on Instagram🔗 Scaling Emerging Beauty Website
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64 episodes