A Crafts Community For Craft Ideas & DIY Projects - Craftster.org
Help | About | Contact | Press | Advertise | Terms | Site Map
Welcome, Guest.
Please login or register.
Random Tip: You can get cheap (and legal! Wink) advertising by donating a challenge prize! Go here for more info.
Total Members: 297,711
Currently Running With Scissors:
431 Guests and 6 Users
Home Craftster Community Crafting Articles Craft Tutorials My Craftster Crafting Calendar City Guides Craft Shop


Pages: [1]
Jump to page:
  Show Images Only     Send this topic  |  Print  |  Bookmark  
Topic: Selling wholesale?  (Read 543 times)
Tags for this thread: wholesale_pricing  Add new tag
Share the love... Pin it Submit to reddit add to Wists
1+
 
amydice
Tutorial Contributor

Amy
Offline Offline

Posts: 1355
Joined: 23-Mar-2009


View Profile WWW available for personal swaps
« on: September 08, 2010 08:09:25 AM »

I need some advice, and thought I would post here in case a fellow Craftster could help me out!!

I got an Etsy convo yesterday almost immediately after one of my items was on the front page(for the first time! yay!!!) and it was a woman who owns a store and wants to know if I sell wholesale because she would love to carry my stuff in her store! To say I was thrilled was an understatement. My Etsy store has been doing really well lately, and it's just really wonderful to see people interested in my work.

I've never sold wholesale before, so I"m not quite sure how exactly it works. I emailed her back and explained that I've never done it, but I would love to. I think it's a really great opportunity to get my stuff out there and into stores! However, when she emailed me back, she said that normally people give her a 50-60% discount on things!!!

Is it me, or does that seem high? I think my prices are reasonable enough, and that much would really be barely paying for supplies. She said that it's really up to me, but I also don't want this opportunity to pass me by. I feel that it would be great, I'm just really not sure what kind of discount to give?
Any advice on selling wholesale would be GREAT. Should I set prices now in case someone else contacts me?
THIS ROCKS   Logged

Always up for a personal swap!
Looking to swap for anything Doctor Who or a mug rug!

Blog: http://craftingmachine.blogspot.com/
Wist: http://www.wists.com/AmyLutter
Etsy: http://www.etsy.com/shop/AmyLDice
Facebook: http://www.facebook.com/pages/The-Mad-Crafter/124912220860742
jungrrl
Global Moderator
Crafty Business Advice Moderator
Toys, Dolls, and Playthings Moderator

Tutorial Contributor

Friend of Craftster Friend of Craftster

I'm a portmanteau.
Offline Offline

Posts: 18655
Joined: 17-Jun-2004

Former Full-time Craftster-er


View Profile WWW
« Reply #1 on: September 08, 2010 09:18:53 AM »

Wholesaling at 50% IS normal.  Undecided  Most people don't realize their retail prices aren't high enough until something like this happens and there's no room for you to give that kind of discount and still make money.  You could figure out what a good wholesale rate is, double it and then you can change your etsy prices and do wholesale with this person, but I'm not sure if you're comfortable with that.
THIS ROCKS   Logged

amydice
Tutorial Contributor

Amy
Offline Offline

Posts: 1355
Joined: 23-Mar-2009


View Profile WWW available for personal swaps
« Reply #2 on: September 08, 2010 09:58:33 AM »

Thanks so much!!!
I will definitely have to reevaluate my prices now. Smiley
THIS ROCKS   Logged

Always up for a personal swap!
Looking to swap for anything Doctor Who or a mug rug!

Blog: http://craftingmachine.blogspot.com/
Wist: http://www.wists.com/AmyLutter
Etsy: http://www.etsy.com/shop/AmyLDice
Facebook: http://www.facebook.com/pages/The-Mad-Crafter/124912220860742
CraftyChef
Offline Offline

Posts: 2856
Joined: 26-Jun-2005

Am I retired yet?


View Profile WWW
« Reply #3 on: September 10, 2010 03:42:00 PM »

Also, you don't want to undercut your wholesalers' prices. They'll charge their customers at least double what they pay you. And never sign or send anything unless you've checked them out thoroughly, including contacting their current list of sellers like yourself. Verify their addresses, phones, they should have a website, and REFERENCES.
THIS ROCKS   Logged

Threads you might like:
Pages: [1] Jump to page:
  Send this topic  |  Print  |  Bookmark  
 
Jump to:  



FacebookTwitterPinterest
only results with images
include swap threads
advanced search



your ad could be here!

How-To Videos
Choosing the Right Fit for Your Body
How to Rock the Logomania Trend
Get a Casual Malibu Look on a Budget
Behind the Scenes of Laura’s Prom Makeover
Angelina Jolie Goes to the Dark Side
Latest Blog Articles
Tute Tuesday: Manicure for Halloween
"Z" is for Zombie!
Meatless Monday: Honey Roasted Parsnip Soup

Comparison Shopping




Support Craftster
Become a
Friend of Craftster

Buy Craftster Swag
Buy Craft Supplies
Comparison Shopping

Craftster heartily thanks the following peeps...
Moderators

Follow Craftster...






Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
SimplePortal 2.3.5 © 2008-2012, SimplePortal
Valid XHTML 1.0! Valid CSS!

Copyright ©2003-2014, Craftster.org an Internet Brands company.