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Merchandising

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Entrepreneur Op-Ed Urges Businesses to Price Merch as Marketing, Not Profit

An Entrepreneur contributor argues that most small businesses like restaurants and bars overprice branded merchandise, charging $25 to $80 for items that often cost only $5 to $15 to produce. The writer says this pricing discourages purchases and wastes an opportunity, since customers who love a product or experience are often willing but reluctant to pay high markups for logo gear.