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Im Wondering How Much I Should Sell



 
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Old May 8th, 2007 May 8, 2007 9:37:04 AM -   #1 (permalink)
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Default Im Wondering How Much I Should Sell

The shirts i am making are urban..hip hop..for the streetz..i pay about 8 or 9 per shirt...and they could easily retail for 20-25...how much should i charge a retailer..if they want to buy them? because they would want to buy them a little lower so they can make a profit...
 
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Old May 8th, 2007 May 8, 2007 9:44:54 AM -   #2 (permalink)
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Default Re: Im Wondering How Much I Should Sell

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The shirts i am making are urban..hip hop..for the streetz..i pay about 8 or 9 per shirt...and they could easily retail for 20-25...how much should i charge a retailer..if they want to buy them? because they would want to buy them a little lower so they can make a profit...
Retailers I have dealt with always seem to have wanted to double the price. So you could figure out what is the suggested retail, then cut it in half and that's your wholesale.

That's why paying $8 or $9 per final piece is kinda high. If you purchase in larger volume, then the price breaks are better. Currently if you paid $8, as the wholesaler, you would normally double the price to $16, then the retailer is taking a greater risk, so they would double it to $32.

If you wanted a $20 target price, then your cost needs to be $5. It stinks, but that's the retail game.
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Old May 8th, 2007 May 8, 2007 9:55:31 AM -   #3 (permalink)
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Default Re: Im Wondering How Much I Should Sell

alright cool..so i guess i need to get more t-shirts made..they could sell for 25-30...it has alot of designs on them..and there on big johnson tees...so i should sell it to them for like 15 a tee..and get my total cost per tee to like 5
 
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Old May 8th, 2007 May 8, 2007 10:12:54 AM -   #4 (permalink)
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Default Re: Im Wondering How Much I Should Sell

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Originally Posted by TONE INC
alright cool..so i guess i need to get more t-shirts made..they could sell for 25-30...it has alot of designs on them..and there on big johnson tees...so i should sell it to them for like 15 a tee..and get my total cost per tee to like 5
Sorry, I had posted 2 thoughts. Generally in retail, whatever your price you pay, you should double it. Then the end user doubles it. It's not set in stone, but serious retailers want it this way.

So if your end product is $30, then you wholesale for $15 and pay $7.50. Then once your price is set and you are doing well with retailers, you can order larger volumes. When your price is reduced per shirt because of the larger volume, you do not have to reduce your wholesale price, thereby you make more money per sale.
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