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MRP Lab

Find the right MRP for every product, from what each sales channel really costs you and what competitors charge.

Your numbers stay on this device. Save your file to keep a copy or move it to another computer.

Your brand

Applies to all your products.

Where you sell

Tick every channel your brand sells on, or plans to. You choose which products go on which channel in the next section. Figures are typical terms; replace them with yours. Last reviewed: .

Use*ChannelExpected sales mix* % of unitsDiscount to customer % off MRPPlatform or trade margin % of selling pricePrice slab below selling price ₹Margin in slab% of selling pricePayment gateway fee % of selling priceMarketing spend ₹ per order or % of selling priceReturn rate % of ordersShipping, handling and fixed fees ₹ per orderReturn shipping ₹ per return

approx. Platform and trade margins marked approx. are industry ranges from secondary sources, not platform rate cards. Return rates for every channel are also approximate. Replace them with your own terms; the mark disappears once you do.

Your products

Entry wins first buyers, Hero is your best seller, Premium lifts your brand. The channels shown are the ones you ticked above; untick any a product should not be sold on.

Product*Role*GST Sold on*Share of units optional, for range totals

What each product costs you

Enter what each item costs you per unit. We work out its share of your MRP and compare it with what is typical in your industry. Leave a box blank to use the typical figure. Anything else you pay per unit? Add it with the "+ Add a cost line" menu in each group, or type your own; one-off costs like a photoshoot or website go in fixed monthly costs.

Cost itemYour cost* ₹ per unit; at least the making costShare of MRPworked out for youIndustry typical % of MRP, approx.How you compare

Price of

The lowest MRP at which every channel keeps your margin, against what competitors charge.

What you keep on each channel

What is pushing your price up

Every cost behind , ranked by how much it raises your MRP. The top one is your cost bottleneck: cutting it moves your price the most.

Where each rupee of MRP goes

Ways to bring the price down

What each change on the channel that sets the price does to the ideal MRP for . If none is realistic, launch at the ideal MRP and work on positioning instead.

What competitors charge optional

Optional, but it tells you whether buyers already pay your price. Add three or more for , with the same pack size as yours.

Know competitor brands, but not which of their products to compare? Paste their websites to see their prices by category.
Works with most brand websites built on Shopify. Marketplaces are not read.
CompetitorMRP ₹Typical selling price₹, optionalMain sales channeloptionalProduct linkoptional

Your ideal MRP is checked against these in step 2.

Buyer price survey

Competitors show where the market sits. This shows what buyers will pay for . Send the four questions below to 30–100 people who match your target buyer, then paste their answers.

1. Send these questions

Tip: put the four questions in a Google Form with number answers. The response sheet then pastes straight in.

2. Paste the answers

Copy the four answer columns from Google Sheets or Excel, or type one buyer per line separated by spaces. Prices must rise from question 1 to 4.

All your products together

Each row is one product against its own competitors. Drag a yellow tag to try another price.

What to do next

For , ranked by how much each step moves your price.

Compare scenarios

Save the setup you have now, try a different one, and compare them side by side. Useful for questions like "Myntra in or out?", "₹2,499 or ₹2,999?" or "do we need a premium product?".

Launch pricing plan

Most brands launch with a bigger discount and fewer sales, then grow into full price. Fill in three numbers per phase to see how much cash you need before the business pays for itself.

Fine-tune (optional): product mix, marketing and cost changes by phase
PhaseEntry product share% of units; blank keeps your product sharesMarketing change± % points vs todayProduct cost change% vs today, e.g. bulk buying

Share your pricing

A one-page report for a cofounder, investor, manufacturer or CA.

Quick summary for WhatsApp

Is your label ready to print?

Checks the label of against India's packaging rules (Legal Metrology) before you print.

More details: origin, registration, selling prices

Planned selling price on each channel

Pre-filled from your channel discounts at the calculator MRP. Change any channel where you plan to sell at a different price.

ChannelPlanned selling price₹, blank uses the calculated price

What you plan to print on the label

Help: terms and channel guide

Every term used in this tool, with the formula behind it. Tap any yellow ? on the page to open the same explanation.

Which channels suit you

Typical ranges, indicative only. Confirm terms with each channel for your category.