Unlocking Profit: Mastering Price and Cost for Maximum Gains

Welcome to the "Profit Insight Podcast"! In this episode, we delve into the art of profit maximization, guiding you through the essential concepts of marginal revenue and marginal cost. Discover how to identify the optimal selling price for your product with real-world insights from Lorri's Petfit device case study. Learn to navigate the demand equation and uncover the sweet spot for profitability. Whether you’re a seasoned entrepreneur or just starting out, this episode equips you with actionable strategies to boost your bottom line. Tune in and start maximizing your profits today!