Whole sale pricing help!!

[Eshields1014]

Hello, I was contacted by a lady who I have spoke with and is interested in having my product in her store. She wanted me to get back to her with whole sale prices. How do I come up with this?? what do I need to do here?

[robert]

typically wholesale prices are 1/2 that of the retail prices, but it also depends on what your markup is. There are many factors that can be involved, its not just a simple cookie cutter answer.

[Eshields1014]

Originally Posted by robert

typically wholesale prices are 1/2 that of the retail prices, but it also depends on what your markup is. There are many factors that can be involved, its not just a simple cookie cutter answer.

ok well i am suposed to giver her mark up or down everyones telling me charge more bit that doenst make sine to me i was thinking of getting her the 25% disct i did the pertage u told me to

[robert]

Originally Posted by Eshields1014

ok well i am suposed to giver her mark up or down everyones telling me charge more bit that doenst make sine to me i was thinking of getting her the 25% disct i did the pertage u told me to

I don't mean to be rude or anything, but I don't understand anything that you just said. Maybe its because its 12:44am and I'm tired, not sure lol.

The more lucrative it is for the business selling your treats, the more they will want to push them, and that means more volume for you; which means more exposure and more revenue. Even if you give a vendor a 50% discount rather than just a 25%, you make less money per treat, but you are selling more treats and having more customers buying them. When you are first starting out, one of the hardest things to get is exposure in the marketplace.

Another idea is to have the wholesale price be on a discount. Start out at a 25% discount to see how things go, then if they are selling a decent amount of them, then you can negociate a lower wholesale price, so that way that business makes more money as well.

[Eshields1014]

Originally Posted by robert

I don't mean to be rude or anything, but I don't understand anything that you just said. Maybe its because its 12:44am and I'm tired, not sure lol.

The more lucrative it is for the business selling your treats, the more they will want to push them, and that means more volume for you; which means more exposure and more revenue. Even if you give a vendor a 50% discount rather than just a 25%, you make less money per treat, but you are selling more treats and having more customers buying them. When you are first starting out, one of the hardest things to get is exposure in the marketplace.

Another idea is to have the wholesale price be on a discount. Start out at a 25% discount to see how things go, then if they are selling a decent amount of them, then you can negociate a lower wholesale price, so that way that business makes more money as well.

you seem to understand my question just fine...she wants a price i was thinking 25% disct she is going to put them in her gift baskets...i just want to make sure before i give rher a price and she says yes or no i really want the business

[williamshill]

Dude! You've left me speechless ;-)...that was a really nice one mate….hope we can pull more of this kind

[Eshields1014]

Originally Posted by williamshill

Dude! You've left me speechless ;-)...that was a really nice one mate….hope we can pull more of this kind

WHAT???