Create a First-year projected sales based on similar products in the same or other markets. My product is a Clay House fireplace.    600 people come to the store every day 1 out of 10 will enter the shop: 60 people/day 1 out of 5 people coming to the shop will buy: 12 sales/day the average price of an item is $499 $5988 of sales/day the shop is opened 30 days a month: $2,155,680 of sales/month

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.