At least 14.9 on postcards, though you might want to think about going higher. Otherwise, you're making just pennies for the work you're doing, and there's not point in that.
Same for you, Shelli! Go higher on those postcards. It won't stop the sales.
|AugieDoggyStore wrote: merryperry wrote:
at 5% royalty rate and made $0.00 in profit.
My royalty on postcards is 30.8 and I sell a ton. That only makes the selling price $1.30, before any discounts. That's already a bargain. Don't give away your products for free.
People pay for what they want.
Thanks AD.I know you are right...people will pay the price if they want something.I guess I felt that if my products are way low,they will sell more.Not necessarily right? TY
I have an all-over rate of 14.9, but certain items have higher than that. I consider two things: the base price of the product (if it's exceedingly low, I jack it up, and if it's exceedingly high, I drop down) and if I sell a lot of a specific product, I inch the royalty up a bit.
I haven't seen any affect from raising prices. When we were all selling fairly well, I was selling well too. Right now, most of us are experiencing a sales slump, and I doubt we should blame it on prices, whether they're low or high.
Sounds like a good strategy.Thanks C
|Shelli Fitzpatrick wrote:
I hope you do bump your royalty up some
Please don't sell yourself short! stuff sells really well at 12.9 and 14.9 for me.
Thanks Shelli.I don't know why I do that.Will increase my rates a bit maybe to yours
I seem to remember 8 cents on something. It was probably what convinced me to increase my percentage.
Oh ok! lol.