Very cool info on this thread. Thanks to all of you.
My next question is kind of personal, but I'll ask it and if any one wishes to answer great- if not I sure do understand.
What kind of profit margin do you work on?
I have been using 10% on my retail.... so I calculate my wholesale and double it (most stores on this side of the pond keystone so doubling my wholesale is how I get there.
so----
wholesale is cost of materials +shipping+ taxes +overhead+labour ($12 an hour for me)
retail is double the wholesale + 10% profit for an absolute minimum (if it looks low I raise the price- most items I do raise)
I just find I have to sell to a lot of stores and they have to sell to a lot of customers for me to make a substanance income!!
what should I change???
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