I gave the rechargeable torchlight to a friend. He liked it and ordered 10 pieces to be given as gifts to his friends.
Someone came to buy 5 pieces from my office. He came back the following day to buy another 5 more. The rechargeable torchlight sells for $6.50 compared to $27.20 for a branded torchlight with similar functions.
It a huge margin between the one you are marketing and the branded torchlight - it meant a difference of $20.70, about 300% more. And that's not even factoring the discount you are giving (after taking away your own operating cost).
ReplyDeleteThat is good savings for the consumer, Mr. Tan.
Regards
An Insurance agent.
mr tan , how is the cost price per piece including freight charges etc?
ReplyDeleteHi 7:18 am
ReplyDeletesend you question by email to me at kinlian@gmail.com. I need to know your requirements.
If you are in Singapore, collect orders for 5 or more pieces and come to buy from my office at $5.50. No delivery charge.
I do not wish to arrange delivery of the torchlight, for the following reasons:
ReplyDeletea) Delivery charge is expensive
b) There is a need to collect cash on delivery or to register the delivery
c) It is quite troublesome.
It is easier for the buyer to send a person to come to my office, buy and pay cash on the spot. There are many under-employed or retired people who can spend the time to make a visit.