Planning - price range

A price range on a music magazine can be varied depending on the poularity and how much profit the magazine would like to make also the location of the magazine and where it is beign sold and depending how much people are willing to spend, die to their income. These price can vary from £2.00 to a stagering £11.00. However this would also depend on what the magazine could also offer, such as posters and gifts. On the other hand I do believe that the price, should be available and affordable for my target market. Contrastingly, the magazine would have to make some sort of profit, even if this is small, otherwise if this is not done, there is no vailable income to be able to produce the magazine. Therefore the price that I have decided to use for my magazine is £3.00. I have decided this amount, as it is an easily affordable price for those that are earning some sort of income, but will also cover all costs allowing the magazine to be realisticly priced.