Wednesday, 4 July 2012
Pushed to make progress with pricing
After much thought, I am having a radical overhaul of my pricing. I have just recently been invited to take part in two prestigious exhibitions both of which will take 50% on any sales. In addition my current retail commitments are taking 25% commission. I'm finding it more and more difficult to justify my current reasonable pricing system and they don't reflect the hours involved in production.
I am researching four different pricing strategies ( which I'll report on) passed onto me from various sources and will be making up my mind and repricing everything by the end of July. So, if you've a mind to, it would be wise to buy something now before they increase in price!!