"SHOW ME THE MONEY
I have something to add when considering
selling consignment--
With consignment, the store / owner does not
have a vested interest in your product, IMHO.
If the owner pays outright for your goods
it's the equivalent of money…"
Enjoy Your Life! Build Your Business! Have Your Way!
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Valaura Sinor
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- Green Cove Springs, FL
- United States
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Valaura Sinor's Discussions
PRICING
2 Replies
I sell multiple types of bath & body products, have about 30 different products avail and 75-80 fragrances to choose from. My focus os custome work, pick the product, pick your fragrance and…Continue
Started this discussion. Last reply by Valaura Sinor Jan 7, 2010.
Wholesaling vs Consignment
13 Replies
I am new to the industry and have just started my own business. I have a gift shop woner interested in putting my products in her shop and she has graciously given me the option of wholesale or…Continue
Tags: pricing, consignment, Wholesale
Started this discussion. Last reply by Cheri Tracy Feb 17, 2010.
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Laraine Percoski ~Raine Boutique replied to the discussion 'Wholesaling vs Consignment'"I wrap everything. My soap is wrapped, my fizzies will be wrapped, my jars have shrink bands, so you cant open jars unless there is a tester. And with consignment, if you cant get any wholesale right off the bat, you just have to make sure there is…"
Valaura Sinor replied to the discussion 'Wholesaling vs Consignment'"That is a great point. I already have a "No return" policy in place ut didn't even think of it applying in this situation."
Caryn Summers replied to the discussion 'Wholesaling vs Consignment'"One thing to consider with body products, is that they should have a "no return" policy, thus eliminating the possibility of consignment altogether. With consignment, you just don't know when a bottle may have been opened, soap being…"
Valaura Sinor left a comment for Christina M. Dudley"Thank you and no, I do not have a website yet. I do have a facebook page that I am learning to manipulate. I am not a very tech savvy person and am kind of learning as I go. my facebook page is under my name Valaura Sinor. I'd love you to KIT,…"
Christina M. Dudley left a comment for Valaura Sinor"Welcome to IndieBeauty! do you have a website or are you twitter or facebook? I'd love to follow...congrats on your new business!"
Valaura Sinor replied to the discussion 'Wholesaling vs Consignment'"I'm glad it was helpful to other as well! Good Luck!"
Dannette Evans replied to the discussion 'Wholesaling vs Consignment'"This is fantastic! I am smack dab in the middle of creating my wholesale policy and it was giving me the biggest headache trying to figure out wholesale pricing and how to be fair and make money. You just simplified that for me, so I thank you.
Be…"
Valaura Sinor replied to the discussion 'PRICING'"That's a great idea!! I didn't want to have to create a different price for each fragrance. But I can do a quick review to categorize them and then do a general rule of thumb for each category!
Thank you for the idea! Indie is awesome and…"
dM, CEO replied to the discussion 'PRICING'"Valaura,
Here's an idea. If you can divide your fragrance combinations into 3 categories for each type of product, you can solve your problem and help your customers choose products by having 3 pricing buckets.
So, for example, if the body…"
Valaura Sinor replied to the discussion 'Wholesaling vs Consignment'"Thanks Jim. I'd love help, but am afraid I have no money in the budget to hire a professional at this point."
Valaura Sinor replied to the discussion 'Wholesaling vs Consignment'"Thank you for the feedback on my products and the encouragement.
What formula do you use to set your retail prices? Do you use FO's, EO's or both for your fragrancing? How do you "price" your usage on the fragrance used due to…"
Valaura Sinor replied to the discussion 'Wholesaling vs Consignment'"Thank you so much everyone for the wonderful comments and suggestions.
I am leaning towards wholesale myself. I don't want to have to keep up with the consignment.
Great idea about minimum orders, I was considering setting a minimum but…"
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Comment Wall (5 comments)
- At 12:24pm on January 14, 2010,
IBN Member Angela George said… - Hey, I apologize i haven't been online for a while. Don't know if you found the link yet, here it is http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0499/SEC015.HTM&Title=-%3E2008-%3ECh0499-%3ESection%20015#0499.015
Copy and paste the whole thing above into the browser, it should take you to the exact page in the florida statutes
- At 4:59pm on January 9, 2010, IBN Member Angela George said…
- Hi Valaura,
I got that information from the discussion boards, specifically under the heading 'COSMETIC LABELING AND REGULATIONS'. There were a few posts on the subject, but there was one called 'FLORIDA PERMITTING FOR COSMETICS'. Theres a link in one of the comments that takes you right to the florida statutes.
Have a look, I'm trying to investigate this some more.
Angela
- At 3:07pm on January 8, 2010, Christina M. Dudley said…
- Welcome to IndieBeauty! do you have a website or are you twitter or facebook? I'd love to follow...congrats on your new business!
- At 4:11pm on January 7, 2010, IBN Member Angela George said…
- Hi Valaura,
I'm in the process of starting a business. I couldn't help but notice you are in Florida, same as I am. Just wondering how you jumped through the hoops that florida requires. From what I've learned, you can't make the products at home, and you have to have a licence for each product.
Was just wondering how long the whole process took for you and what advice you have on it.
Thanks in advance,
Angela
- At 5:41pm on September 4, 2009, dM, CEO said…
- Hi Valaura! Welcome to our site!! Would you please swap out the Square of People for a picture of you at the site so we can meet you and know who you are.
First, please visit our Indie Boutique where you can shop for Indie, handmade and artisan products from IBN members. Also, please take a moment to visit the Sponsors who help us bring you this collaborative community!
OTHER FUN THINGS TO DO AT THE SITE
1. Check out IBN member products in our Photo Gallery. (Please note that submitting product photos, videos and groups is a benefit of membership in the Indie Beauty Network trade organization. You can get more information about this and other IBN member benefits at this link.)
2. Visit our Events Calendar where you can find out about fun activities. educational events and classes on making your own beauty products.
3. Join a Group, participate in some informative Discussions and share your thoughts on some Blogs.
4. Watch some fun Videos posted by IBN members!
If I can help in any way, please do not hesitate to call on me.
Thanks!
dM
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