So - you are saying really that they cost $3.20 to make (including time and all that)....generally, I try to multiply by 75% ... so minimum I would do is $7.68...then if you sell them wholesale - you can sell them for 50% off and sell them for $3.84 (or $4) and still make money off your cost.
I personally would sell a 5" korker for $8 or more...maybe even $8.50
You don't want to lose money if you sell them wholesale...so up your retail pricing a bit. HTH
Originally Posted by Kmj267
I am trying to price these 5.5 inch korker bows.
They cost $1.20 to make.
I figure out the price normally by this...
- Cost $1.20 * Number of bows I can make an hour 10 = $12.00
- $12.00 + Amount I want to make per hour $20.00 = $32.00
- $32.00 / Number of bows I can make an hour 10 = $3.20 min. per Korker bow
but... that is not enough. My normal 3.5 inch Korker Bow are $3.75 each.
Any help is greatly appreciated