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Toro

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I am thinking of making and selling all natural chapstick. Who knows.

Charge like 20 bucks a stick..... you will make a killing.... tons of people out there will buy it simply cause its expensive and therefore they have bragging rights....... some people aren't very bright with money. ESPECIALLY if its inherited money.
 
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Saucy

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Yes that's something I've been learning about marketing. It's called perceived value. If you charge a lot for it, some will assume it's expensive and is willing to pay it. Much like how when I started writing articles, I was charging $5 per article. Then someone taught me to value my services and now I charge $200. It's all about perception.
 
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graciesings

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I'm really feeling lost and hopeless today.

I was supposed to meet some friends at the lake this evening. I haven't heard from them... I think I'll go to the lake and see if they're there. And if not, I'll just wander around town.

I tried to shower today, because I haven't since Thursday, and I forgot to wash my hair? Ugh. Oops. (For me, washing my hair is most of the reason for showering.)

I can't wait to get my hair cut...
 
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Toro

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Yes that's something I've been learning about marketing. It's called perceived value. If you charge a lot for it, some will assume it's expensive and is willing to pay it. Much like how when I started writing articles, I was charging $5 per article. Then someone taught me to value my services and now I charge $200. It's all about perception.
Yep.... the proof is out there everywhere if you look.

Like those bladeless fans for example. Insanely expensive and dont move much air..... not even half as much as a 20 box fan.

Oh, it doesnt serve the purpose that a 20 dollar box fan does? Hmmmm well it DOES look different......... okay Ill buy it for $300. :happyblush:
Only to get it home and be..... :hot: I wish I had a fan.
 
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Saucy

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Yep.... the proof is out there everywhere if you look.

Like those bladeless fans for example. Insanely expensive and dont move much air..... not even half as much as a 20 box fan.

Oh, it doesnt serve the purpose that a 20 dollar box fan does? Hmmmm well it DOES look different......... okay Ill buy it for $300. :happyblush:
Only to get it home and be..... :hot: I wish I had a fan.
And blades for your shaver.
 
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Toro

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I think I might just stick to 5 dollars. Or something less, just cause I would feel bad charging a lot.

Why feel bad? If someone is willing to pay it, you aren't taking advantage of anyone.

Its not like you are stealing from a blind man on the corner or anything. Thats what business is about, making money, as much as you can. Now if you want to get into the ethics of business practices..... use that money to treat and pay your employees well.
 
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Toro

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I'm really feeling lost and hopeless today.

I was supposed to meet some friends at the lake this evening. I haven't heard from them... I think I'll go to the lake and see if they're there. And if not, I'll just wander around town.

I tried to shower today, because I haven't since Thursday, and I forgot to wash my hair? Ugh. Oops. (For me, washing my hair is most of the reason for showering.)

I can't wait to get my hair cut...

:hug: Im sorry Gracie, I hope you feel better.
 
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MiniEmu

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@graciesings I'm sorry to hear you're feeling that way, I hope your wander/lake with friends day/afternoon helps lift you out of that feeling.

@KandiJo Just make sure you break even. A lot of lovely people set their prices too low, failing to consider the cost of materials.

@Saucy I'm glad things are improving for your family, I hope things continue in a positive fashion for you and your relations.
 
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KandiJo

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I have the cost of materials in front of me, and I took the price for each tube and how much it would make, and such.


Also, side note.
I am super mad. This dude posted on a fb group that a cashier reached around to the screen he was using to pay with his card, clicked the cashback button and did not give him the cash back. When he confronted the cashier about it, they said it wouldnt get taken out of his bank account if it wasnt taken out of the register. Eventually the MANAGER was called and the MANAGER gave him the 20 dollars. Not the cashier.
However, a bunch of people are saying the cashier just made a mistake...
Umm. How is that a mistake? Thats obviously not one.
 
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Hawthorne

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I think I might just stick to 5 dollars. Or something less, just cause I would feel bad charging a lot.
That's a reasonable price. There are some natural chapsticks that are sold at the local hardware store (though I think it's a small company rather than a single-person run business), and they are marketed for 4$.
 
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Toro

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I have the cost of materials in front of me, and I took the price for each tube and how much it would make, and such.


Also, side note.
I am super mad. This dude posted on a fb group that a cashier reached around to the screen he was using to pay with his card, clicked the cashback button and did not give him the cash back. When he confronted the cashier about it, they said it wouldnt get taken out of his bank account if it wasnt taken out of the register. Eventually the MANAGER was called and the MANAGER gave him the 20 dollars. Not the cashier.
However, a bunch of people are saying the cashier just made a mistake...
Umm. How is that a mistake? Thats obviously not one.

Well, generally if you are going to have/start a business you need to charge at least 3-4 times what it costs to make it. So if it cost you a buck per stick to make, in order to turn a profit youd have to sell for no less than about $4 and that would pretty much be to just scrape by. Starting a business youd likely need more since you never know when your next one will sell.

As for this "mistake" that cashier would have a taste of my fist if they tried to take money from me. If it were a female...... Id do something other than a fist, but it would be just as unpleasant for them. Im a passive and friendly guy, but not if you mess with my money or my lady.
 
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Hawthorne

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Well, generally if you are going to have/start a business you need to charge at least 3-4 times what it costs to make it. So if it cost you a buck per stick to make, in order to turn a profit youd have to sell for no less than about $4 and that would pretty much be to just scrape by. Starting a business youd likely need more since you never know when your next one will sell.
This.
 
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