Hi,
I am having a little problem.
We supply of shop with jewellery. They buy it from us at trade prices, however from the new website they want some new jewellery and subsequently want it at trade price.
However, some of the jewellery they want costs me a lot to make and although I make a reasonable profit. I would have to sell it to the at cost for them to make the x2.5 they want as profit.
Therefore, I am thinking about asking whether the would consider doing a commission type thing. Say a 35/65 split. They won't make as much money from the jewellery but I can't let some of the jewellery go at cost!
I already let them have charm bracelets at cost but it really can't go on.
Dilemma.
What would you do?
Lou
I am having a little problem.
We supply of shop with jewellery. They buy it from us at trade prices, however from the new website they want some new jewellery and subsequently want it at trade price.
However, some of the jewellery they want costs me a lot to make and although I make a reasonable profit. I would have to sell it to the at cost for them to make the x2.5 they want as profit.
Therefore, I am thinking about asking whether the would consider doing a commission type thing. Say a 35/65 split. They won't make as much money from the jewellery but I can't let some of the jewellery go at cost!
I already let them have charm bracelets at cost but it really can't go on.
Dilemma.
What would you do?
Lou
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