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If something cost $1.10 to make, what would be a reasonable price to sell one for?

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If something cost $1.10 to make, what would be a reasonable price to sell one for?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru

Answer originally posted on Quora.Com

There is no correct answer to this, you want to sell it for as much as you can. As i say in most answers, do your market research find out what similar products sell for, and price accordingly. If your product has a distinct advantage you may be able to charge more eventually, but to catch peoples attention you may want to start at least by charging less.

https://www.quora.com/If-something-cost-1-10-to-make-what-would-be-a-reasonable-price-to-sell-one-for/answer/Andrew-Steig