Hi, John,
When we last corresponded, you told me the next step was to contact buyers
and find out if my keychain had a market and customers. In my silence I have
been contacting buyers at Sears and WalMart. Both expressed interest, but I
was unprepared to give them a price range. Sears told me "No one will spend
more than $5 dollars for key chain, so you need to bring in to us at no more
than less than $2. We'll mark up 1 1/2 times cost, and sell at no more than
$5. If you can have it made for $1, double the price for yourself to $2, and
sell to us for $4-$5. Get back to us.
The were extremely friendly ladies; we both laughed during the conversations.
But very business savvy.
So, John, how do I find out if this item is feasible to make?
Thanks for your help.
Peace and Grace
Linda McIntosh
aka xxishebang
Friday, March 10, 2000
Cost?
Posted in Business strategy by John Wiley Spiers
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