Should I include the cost of packaging materials in the pricing of the products?

[King Belieal]

The cost of packaging materials are getting very expensive. And it is almost becoming like burdens for businesses.

What alternatives are you using to handle the cost of packaging materials? And should we reflect the cost of packaging materials in the final pricing of the product?

 

[Augusta]

Yes, this is why we need to determine the cost price of a product before selling it. You need to calculate all the expenses to make profit from a business

 

[eLdavis]

Yes you spent money in the packaging, so to be able to continue doing the business, you also need to include packaging. This is one of the reasons why plantain chips is more expensive than the regular one they sell on the streets called Ipekere

 

[Springtime]

I think packaging should also be included in the pricing of the product. Packaging materials can be expensive. It is a cost.

 

[King Belieal]

So many business persons always fail to include the cost of packaging in product pricing because they don't consider it huge.

 

[Fidelia]

I don't add the cost of packaging products to the price of my products because the cost of packaging products for my kind of products are negligible.

 

[Suba]

Packaging materials cost in production business can be recorded in factory overhead cost and if you run a trading business, packaging material cost can be added to the cost of goods sold for each unit or for each different shipment of goods.

 

[Augusta]

That's right no matter how small it is. You had spent money on it. So you would still need to add the money spent to the cost

 

[Min George]

Every element of cost that it takes for the product to be in the hands of the customer is a cost that should be considered to determine the price.

 

[Xtynehappy]

Its very wise to do so. That is because the cost of the packaging is considered to be among the cost of production.

 

[Starmix]

Every time I have order I estimate the packaging cost and if the cost is something else, I have to include it in the items price. I am calculating the contents of the parcel and the package fee. It it is small, I will not charge the customer addendum to the item being ordered.

 

[Trush Jodie]

You can choose not to include the cost of packaging materials if you use make shift products to do the packaging materials.

 

[Augusta]

Its very wise to do so. That is because the cost of the packaging is considered to be among the cost of production.

That's how it should be. You would need to add all elements of cost in your business to the cost price to sell and determine your Profit

 

[Starmix]

In my online business I always clarify the inclusion of the packaging and shipping fees. I don't like my customer to wonder why the value of the products are not the same from the display. They understand the situation rather than add without their knowledge. They will get mad and lost trust in me.