Value

The value of a product depends on the gross profit for that product, what you sell it for less what you paid for it. The real value of a product is the gross profit less the labour, and retail space costs for the product. The value of a product over a year is these things times the quantity of the product sold.

If you sell a gift for $250 with a GP% of 50%, you make $125.00. That's the same as the GP you would make from around 380 newspapers, 85 magazines or 100 or so lottery tickets.

The challenge is to have the right higher price point items that sell at good volume to deliver more bankable margin dollars than you will make from lower margin legacy products.

This is where newsXpress helps its members grow profit, and through this cultivate greater value for their businesses, and from that flows enjoyment.

Can anyone sell items worth $250 or more? In our experience, yes!

But, value is about more than the ticket price of an item. Other factors:

• Buy price. We help you buy better.
• Stock turn. We help you understand this and improve it.
• Shrinkage. We help you reduce the cost of theft.
• Differentiation. We help you cast your business differently, to help improve shopper stickiness

We offer advice and support on these, data driven advice, helping you to maximise every value opportunity. Evidence is key, your evidence.

We know that if we help you maximise value at the transaction level, it plays out wonderfully when the time comes for you to sell your business.