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Once you understand the basic program, as outlined in the first "Proposal For Profit," you may want to consider a couple of other strategies for increasing your income from selling TownTshirts.
Option 1 Set a Higher Retail Price
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$19.99 vs. $16.99
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If you increased the retail price of these tees, depending on what your market will bear, you automatically increase YOUR PROFIT MARGIN. Will TownTshirts fetch $19.99 in your area? If so, that's $3 higher than the proposed $16.99 price (used in 1st example).
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$3 price increase =
$1.50 More Profit For You
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You see, we don't need to make any more on these tees -- ANY increase in price would only be split between You, the T-owner, and your Retailers (Note: All retailers want to earn 100% mark-up. So, if they pay $10 wholesale, they want to earn $10 at retail). But, you will earn $1.50 MORE for every tee that sells for $19.99 in your town.
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You'll Earn $3.50/Tee @ $19.99 Retail.
$10 Wholesale $6.50/tee cost =
$3.50 Profit Each
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Option 2 Add A "Set-Up Fee"
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Add another $85 (for $16.99 tees) or $100 (for $19.99 tees) to each AD SALE as a "Set-up Fee." This can be explained as an art charge, royalty to the artist, and/or anything else you'd like to make it. Then offer to give them an extra 4-5 tees -FREE- to offset that cost. After you deduct the cost of those free tees ($6.50 x 5 = $32.50), then subtract $32.50 from $85 Fee = $52.50 Added Profit per AD to you. And $52.50 Profit x 30 Ads = $ $1,575 Total Additional Profit... more if you charge $100. |
Earn Another $1,575.00
or more!
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More to come soon... |
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