kndust Report post Posted November 11, 2014 I have been approached by some to create some leather journals 5"/ 7" with cotton/linen paper for them, to sell in a metaphysical store what I need to know is what should I charge wholesale in order for both of us to make a profit from them? These can be tooled and tooled journals and different sizes also how should I go about it so it could be beneficial to all parties? Quote Share this post Link to post Share on other sites
barehandcustoms Report post Posted November 13, 2014 Not much information to go on but I will give my 2 cents. You have to be careful when getting into deals like that. You can really burn yourself out on low profit margins. I would figure up what it cost per unit to make 10, 20, 50 and 100 including labor, cost of goods, overhead, and profit. Find a good price point amongst those numbers and figure out if its worth the risk of ordering bulk supplies. Decide if you can profit enough at the wholesale level to even more forward. Absolutely do not sell yourself short just to do business with someone. I would try to double or triple my wholesale cost per unit and sell it to the store at that price. Granted you want the store to profit but don't let them do it at your loss. Some products just cannot handle the extra cost of a middle man. Quote Share this post Link to post Share on other sites
