Cons/Pros Of Inflating Selling Price Of Products (Facemask/sanitizer)
Setting the right selling price of products is one of the cornerstone of community pharmacy business. A low price will encourage a large steady stream of sales with low profit. On the other hand, low sales is witnessed when the price is outrageously high leading to loss of customers. Setting the right selling price is an art that is perfected over the years. But there comes a time when adjusting the current price of a product (s) is necessary. It happens when the wholesale price changes. However, there is a critical case we want to look into today. It is a topic that is hardly talked about in the open. Maybe because of its moral stand. How It All Started Covid-19 Covid-19 is a virus infection that was discovered in China in December 2019. It is highly infectious and deadly. It has claimed many lives from different countries within a short while. There currently is no cure. The best thing to do is prevention. One of the best preventive measures is simple hygiene. This has le...