Need advice on selling items
#1
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Join Date: Oct 2011
Location: Wisconsin
Posts: 1,066
Need advice on selling items
I have had a gal who owns a small business for stress relief and massage therapy ask me to put my scrubbies and dishcloths in her shop. My question is what percentage would be fair for her. Do you do it on a percentage basis or set amount from each item. I really don't need to put the items in but since she likes them so well she thought her patrons might enjoy them also. What suggestions do you have and how has this worked for any of you who have done it. Thanks in advance because I know you all have such great wisdom. grammasharon
#5
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Join Date: Dec 2008
Location: Western Wisconsin
Posts: 12,930
Will they be sold on consignment? I think that often, in situations like this, sales are split on a percentage basis. However, I have no idea what percentage the store would get. I think it's on the high side -- 30% to 40% -- but I really don't know for sure.
#6
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Join Date: Oct 2011
Location: Wisconsin
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Tartan, I sell these together at a senior center and I get $5.00 for them. I am satisfied. Usually make them in the Green Bay Packer colors and last summer I couldn't keep them on the shelf.
#7
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Join Date: Oct 2011
Location: Wisconsin
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Prism99 she just wanted to purchase 10 each from me for what I normally get and she will mark up and see what she can get out of them. We agreed if she didn't sell them I would purchase them back and put in the senior shop. However she said she likes them so well she would just as soon keep them for herself. Win/win!
#9
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Join Date: Dec 2012
Posts: 1,857
I have items in 2 shops here in town. One is a non-profit and one is a 'regular' boutique. Both do a 75/25 split. Or, let her know what your base price is and she can mark up to what she thinks they will sell for. This also allows her to do specials, discount, 2fers, or add them to other items. But, no matter what you settle on, have her handle the sales tax side of it. And, no matter how good a friend she is, make an invoice and have the arrangement written down. This saves problems down the road. If you are a bit uncomfortable with that, tell her it is because you can never remember anything so it is to help yourself out! Have fun and good selling!
#10
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09-29-2011 10:19 AM