Friday, June 7, 2013

Why you must mark up your jewelry x2.2 or more


Make 50%-150% - You set the price

Unlike many other jewelry sales companies out there, with My Accessory Business sales kits, you can set your own prices for the jewelry you sell. Don't be fooled by sites that sell expensive $300+ jewelry kits with 100 pieces and then tell you to sell each piece for $5... how can anyone many any money when you're only making $2 per piece? The general rule in clothing and accessory sales is that you mark up your products x2.2 - x2.8 This is what most retail stores follow for success. If each piece is costing you about $3, you should be charging about $6 - $7 in order to make a profit that is worthwhile. In many cases you can even sell each piece for over $10 making even MORE profit!

Letting you choose your own prices gives you the opportunity to give special discounts which we all know work well! Who can resist a SALE?! Try pricing your items at $10 per piece and then doing a sale 2 for $15... Then you are more likely to sell 2 pieces and you will make about $7.50 per piece. Or 3 piece for $20-$25... etc. It's fun to negotiate and use your sales skills to sell MORE to each customer without having to go too low on price. How are you supposed to give a discount when you have to sell a piece for $5 that you paid $3 for... you can't. There is no competition... My Accessory Business is the right way to sell jewelry! Buy a jewelry sales kit today at www.MyAccessoryBusiness.com 

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