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Old 08-05-2010, 07:55
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Join Date: Jul 2010
Location: California
Posts: 527
Default Re: Wholesale discount %

Generally wholesale is 50% off retail. I've seen consignment be anywhere from 30-50% - it's usually a mutual agreement between you and the shop owner.

That is why "pricing" is so critical. If you take wholesale (your cost) and double it...you still have to add "time" to that equation. Once you add time, you should still make "some" money selling wholesale.

Ie: Wholesale cost of all items (including shipping/fees/etc) - $10
1 hour of your time to make the item start to finish - $10 (YOU SET YOUR PRICE - what is your time worth)
Your retail should be at least $30...so wholesale would be $15 (covers all of your costs and you get "something" back)

When you think of this equation - you tweak it to how it fits you best.

Steph
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