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Question
Hello John,
I have a product that I will be selling to the public and also wholesale to different retail chains. The cost on the product is $2.00. I was going to sell it retail $6.99 and wholesale $4.00. What do you think about these numbers?
Wholesale product cost should range from 1/3 to 1/2 of the retail cost.
So your numbers should be fine.
You are just over 40% mark-up over wholesale. That is good.
E-mail me info, I may be interested in carrying it my store.
giftriteway@verizon.net
John
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John
Expertise
Are you looking for help on finding a place like a wholesaler? Information on keeping your budget low? Advice or help? Questions on catalog, online store, wholesale? Ask me. I may be able to answer basic and simple questions on, catalog, online shopping and wholesale. I run a few web sites and a business in catalog shopping, online shopping, selling wholesale to other stores and selling on auction sites. Want help, ask someone that runs there own business.
Experience
Own on business involved in online shopping, catalog, selling wholesale to other stores and selling on auction sites.
Education/Credentials
High School.
Small business owner.
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