Beer Pricing 101

In this post we’ll cover beer pricing basics, best practices, and share a pricing model you can use in your brewery.

The basic equation with beer pricing is: Price – Cost of goods sold = Margin

The goal is to price our beer so that we make enough margin to cover expenses and produce a profit.

One challenge with beer pricing is keeping track of all the different brands and package sizes that are sold.

To help with this challenge, use this beer pricing model which will help you pull all the important information together.

Download the model and watch the short video below.

Watch the short video on Beer Pricing 101

 

P.S. Learn more about the network of beer industry financial professionals: the Beer Business Finance Association. We talk about brewery product margins, pricing strategy and how to drive profits all the time!

You may also like to read……

The 2-Minute Brewery Financial Drill

The 2-Minute Brewery Financial Drill

Once you've created your brewery financial plan, the real work is to put it into practice. To execute. To make the plan a reality. The best way to...

Valuable Brewery Year End Checklists

Valuable Brewery Year End Checklists

Year end financial procedures focus on two areas: Compliance items Value-added items Compliance items include filing 1099s and updating W-9s. These...