Wednesday, 15 October 2014

NOTEBOOKS - COSTINGS

I have already had several friends inquire about buying a notebook due to showing my work and progress in person and via social media, to promote the products and its handmade process over a week. In order to sell the products, I needed to work out the costs, especially if I want to sell wholesale to local stores. Below shows a quick summary of costs for the whole series of products so far, their individual unit costs and the selling price. 

The formula used is that of standard business:

Individual Sale: Cost Price x 3 = Sale Price
Wholesale Price: Cost Price x 2.2 = Sale Price

Costs:

Based on an individual sale - 

A5 Notebooks - £10.00
A6 Notebooks - £7.00
Gift Tags - 75p
Bookmarks - 75p


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