My daughter is having calendars made from her own photography for 2008 and wants to sell them in local mom & pop stores. She has her own small floor racks to display them on, and the retail price will be $14.99. What percentage should she offer the store owners?
2007-03-26 06:50:23 · 3 answers · asked by HET1599 2 in Business & Finance ➔ Small Business
Sorry, I dont think you'll be able to dictate what price they'll be sold at. It doesn't work like that.
The store will look at the quality and type of calender and will turn round and say, 'we'll probably be able to sell them for $xxx dollars'
Work out all your costs and keep that in mind when you start doing the deal with the retailer.
As a rule a retailer will want to make 100-110% mark up from the cost price.
good luck, i hope they sell well.
2007-03-26 12:54:35 · answer #1 · answered by jojo5050 3 · 0⤊ 0⤋
I think you need to start bottom's up. What's your costs (and be sure to factor in everything)? How much do you expect to make? Make sure you won't lose money. This type of analysis will help you in your negotiation. It establishes the maximum that you will be willing to offer as a percentage.
At the end of the day, does the store care how much they make if it's all incremental with no risk? Probably not. Start with a low offer. It's a starting point for a negotiation.
2007-03-26 06:58:16 · answer #2 · answered by gls_merch 5 · 0⤊ 0⤋
20% is fair I think.
2007-03-30 04:17:36 · answer #3 · answered by Pepper 6 · 0⤊ 0⤋