Cost

From Pricing Wiki
Revision as of 12:00, 10 January 2013 by Clement Chatelet (talk | contribs) (Removed protection from "Cost")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

A cost is the value of money spent to serve a customers. The more costs you have for serving a customer, the less profit you will draw from selling your products/services to this particular customers.

Costs may be direct/indirect and fixed/variable.