Someone might say, “a dollar a day makes an omelet — not a spreadsheet.” If you want to make money online, you need to understand how the different facets of the business work together. The same applies to finding the right price for your item via a wholesale price calculator.

This doesn’t mean you should just put up whatever price your competitors are charging—you need to use a pricing methodology to ensure that the final wholesale price is the best for your business and for your customers.

Our tool will help you determine the best wholesale price for your products. We’ll also show you how to get a FREE and comprehensive wholesale price calculator in 3 easy steps. Let’s get into it!

What Is The Wholesale Price Calculator?

Our wholesale price calculator is an online tool that allows you to input some product details and find how to price your product for wholesale. With this tool, you can figure out quickly if you’re pricing your product at a price that will be profitable—and what price to charge if you want to sell more items.

For example, if you’re selling T-shirts and you want to know what price to charge to break even on the sale, this tool can tell you what you need to charge per shirt and how to adjust it so the margins make sense.

Or if you’re selling sunglasses and want to determine what profit margin you need to make this profitable. You can use this tool as well.

When Should You Use This?

You can use this wholesale price calculator to determine the best price for your products at any time. It can be good to run your existing products through it to ensure your margins haven’t changed, but it’s also great to use it when figuring out pricing for a new product.

The prices you find out with the calculator can help you decide how to go about pricing them and whether your chosen price is still profitable. It’s especially handy if you are repricing products that you have previously only sold in retail for wholesale.

If you sells your product through a wholesale channel this tool will be invaluable. It makes it much easier to understand how much your product will cost another business before they even sell it.

Suppose you sell anything related to food, clothing, beauty supplies, or other goods and services through a wholesale channel. In that case, you know that your customers will often come to you with questions about estimated prices.

It can be difficult to answer these questions because pricing can vary considerably from business to business and even industry to industry. Potential customers won’t be comfortable making informed purchasing decisions without access to as many details as possible.

How To Get The Wholesale Price (3 Quick Options)

Here’s at Wholesale Suite we love bringing wholesale stores awesome free tools like this free wholesale price calculator. This comprehensive tool for wholesale pricing enables you to compute in three different ways:

• Cost-Based
• Guess-Work
• Value-Based

Unlike any other free wholesale pricing tool, Wholesale Suite adds another level of computing efficiency. We included helpful references in this tool to ensure you fully comprehend your price structure’s breakdown:

Step 1. Decide on the wholesale pricing method

Regardless of how much you price individual packages, having a wholesale pricing strategy is not enough. You need to set the right pricing structure to drive consistent profit margins and give you the best return on your investment.

As mentioned, this free tool offers three different ways to calculate pricing. We’ll go over each of them individually in this section:

Cost-Based Pricing Method

Cost-based pricing uses cost as the basis for setting prices. Instead of basing prices on volume or price, cost-based pricing considers the actual costs of providing a service. It does this so that the price charged for its services is based on their value to the company getting them.

In other words, cost-based pricing makes sure that the company providing the service gets what it pays for, which will usually be a higher rate than if it were priced based on volume alone.