Maximize business profits by identifying the most profitable products

We can start from analyzing sales data to pinpoint top revenue generators, calculate profit margins by subtracting costs from selling prices, consider variable costs like materials and labor, factor in fixed costs such as rent and utilities, and evaluate contribution margins to identify products covering fixed costs and driving profits.

Prioritize high-performing products with both high profit margins and sales volumes, while also monitoring market demand, trends, and competition.

Mekari Jurnal software or another business/product management system helps you manage and monitor various aspects of your product life-cycle, including inventory management, pricing, sales tracking, and customer feedback.

Product management software enables better organization, efficiency, and decision-making, leading to improved profitability and customer satisfaction. Additionally, a product management system provides valuable insights into product performance, market trends, and customer preferences, allowing you to make data-driven decisions and stay competitive in your industry.

Mekari Jurnal can help product profitability analysis by providing trusted financial tracking and reporting capabilities. You can easily track your sales revenue, costs of goods sold (COGS), and other expenses associated with your products. By accurately recording and categorizing your financial transactions, you can gain insights into the profitability of each product or product line.