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How to Calculate Selling Price of Food

Posted by Damian Roberti on

Damian Roberti, founder and CEO of Marketing Food, shows you how to sell food on Shopify. He explains how to calculate the selling price of food and how much to mark up your products. You can also check out this calculator for your own food products. Shopify is a fantastic platform to sell food of any kind. If you're a food truck, you can even tap into their POS system and their website.

After we put our numbers in here, I'm going to go ahead and calculate the profit, but you have to be aware of a couple of things. Most of the average selling amounts for us on our platforms are for our candy and snacks. Our average customer spends over $30 per transaction. You want to make sure that you're making enough money on each transaction to obviously make it profitable. One of the best ways to increase the per transaction amount is going to be through bundling.

How do you calculate the selling price of food? And of course, how much should I mark up my food products? This is a great calculator specifically for food. There are some products that we actually make that cost us around 2.25 or 2.50 and we charge 24.99 for them, and let's just say that was that.

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