Price Elasticity Estimator
Estimate how a price change affects your sales volume and total revenue using price elasticity of demand. Includes scenario analysis across multiple price points.
Today's selling price
Current monthly volume
E.g. -1.5 = 1% price up → 1.5% volume down
Cost per unit
Typical elasticity values: necessities −0.2 to −0.5 (inelastic), consumer goods −0.8 to −1.5, luxury/discretionary −2.0 to −4.0. Test price changes incrementally — real data beats estimates.