And so I had a total expense or total cost of goods sold of 1 million.

Before I think about how much does it cost for me, all of the overhead expenses.

If you and I one sell individually what little we produce,

So my operating profit is really my profit because I don't have to pay taxes on it.

So already we have some new nuance on profit.

He made a profit of ten thousand dollars on the sale.

So, you're selling costs were embedded here, this was the commission or direct sales costs or whatever you were paying your direct sales people and you made 37 selling directly.

If it turns out you're right, we could sell dealerships now, which sounds crazy.

So what's the profit going to be? So let me write this down.

Or if we just wanted to round to the nearest penny, since we're talking about selling something, this optimal profit, this optimal profit, will happen at a selling price of 23 and 30, 23 and 33 cents.

Sell, sell, sell.

Over here, this axis right here is going to be the selling price,

And this number tells you, how much money did you make, or how much profit did you make just from selling these widgets?

This is jack... one of our best salesmen.

And when they produce their crops, they sell the surplus on marketplaces.

Minus 50,000.

And it has been a powerful marketplace differentiator, increasing sales and profits.

So let's say I just want to know what has to happen for my operating profit to be zero.

Fair enough.

We get 30 s squared plus 1400 s minus 16000.

What do you sell?

And then the next question, obviously, is who are they selling ads to?

And I'll write it as a negative number because we're going to subtract it from the gross profit.

Minus 500,000.

But this is, of course, an optimistic scenario. Let's think of other scenarios.

And your cost of producing that incremental cupcake is a lot lower, so you're just like, well, as long as I charge something more than that,

And the reason why they're the sell side is because they're always selling you stuff.

He could also be a Bible salesman.

If the cost to produce the item is 20, so the cost to produce an item is 20, what is the selling price that optimizes the yearly, the yearly, profit?

And their value proposition, as even they realized later, was pretty unclear.

A company is a business organization with sales, a product, or service in exchange for revenue and profit.

The second area of discrimination is advertising and marketing.

And do their profit is 20 for carrying, stocking, and reselling our product.

Sold

PHOTO RELEASE

So it's 1 million per year.

He's going to be selling Nerf footballs.

My dad sells tractors.

So a yearly profit is going to be the quantity, is going to be, the quantity that we sell in a year, it's going to be the quantity that we sell in a year, times, times, the price that we sell it at, price, times the price that we sell it at, minus the cost of us actually producing that item, and in this case they tell us it is 20.

In a physical channel, a direct sales force are sales people that work for you directly and typically sell directly to the end user.

Anything from the trolley?

You'll get it. This is a consignment operation.

We call it a select opportunity .

This is the PC guy over here.

So now look at the different lens.