Doing the Math
We have discussed
cost-containment. Part of cost containment involves the base (wholesale) price of your product(s).
If you can't buy at the right price then your profits will be "squeezed." If your profit is "squeezed"
too much, then you won't make enough money to make it worth your while.
Doodle Time Fun
prints are available for sale in bulk quantities. The price per print is based on the quantity ordered.
We do all we can to contain our costs so we can pass on our savings in the form of low wholesale prices to
you. After all, if you can't make a profit then we can't sell product. In a way, we're in this
together.
Here are some
examples of the possible retail profitability of Doodle Time Fun prints. These are only examples. We can't make any claims about
actual profitability, so these are only examples; but examples we feel are
reasonable.
Example 1: A
customer buys five prints for $1.30 each for a total (pre-tax) sale of $6.50. The product cost to you would be about 30 cents each for a total
product cost of $1.50. Your profit on the sale would be $5.00
Example 2:
Sell a customer a 12-pack special for $12.00. Your product cost would be $3.60 and your profit would be
$8.40.
You may also wish to
carry a line of color markers. If you buy markers in bulk (Doodle Time Fun does not
currently sell color markers) you could also sell them at a profit. You will need to do the
research on this yourself to assess the profitability of this product line, but you can
buy reasonably good color markers in bulk at a cost of about 15 cents each. It's
very reasonable to anticipate selling them at a retail price of about 35 to 50 cents each.
Since many people will want to buy at least five markers, you could anticipate making a profit of $1 to
$2 for each five marker sale. Add this profit to the print sales and, well, you can do the math
yourself. It seems very reasonable to anticipate making a profit of $6 to $8 per sales
transaction.
Obviously you will
have to calculate anticipated daily/monthly/annual sales and profits and then deduct over-head costs to estimate
net profit.
Here is the
bulk price for Doodle Time Fun prints.
To avoid shipping
costs on bulk orders you must order 1200 prints for $350 (29 cents per print). Avoiding
shipping charges is essential to keeping your costs contained. Shipping costs on a $350 order (weighing
40 pounds) would be about $45. So, free shipping on orders is very important to your bottom
line.
A $350
bulk order (includes shipping in the United States) will get you 1200 prints (100 of each of the
12 prints currently being offered).
1200 prints sold at
$1 profit each means a gross profit of $1200. Of course, if your market will allow, you may
charge more than $1.30 each, and make an even greater profit. However, be careful in pricing the product too
high since there is a tipping point at which volume trumps profit per item. Selling more for a lower profit
may be the better way to go.
Also, while 1200
seems like a lot of prints to sell, the math may make this a less intimidating
number. Selling five prints to 240 customers eats up those 1200 prints in a hurry.
Selling 12 prints to 100 customer does the same thing. The question you will have
to assess is, based on your retail sales venue, how many sales would you reasonably expect to make
in an hour, day, week or month. Customer flow and hours or operation will impact your
calculation. In a busy mall setting you may make many sales in an hour. In less busy venues
you may only make a few sales. In doing this calculation, you may find those 1200 Doodle Time
Fun prints go very fast. In busy sales locations, those 1200 prints may last only a couple
of days!
Bulk orders are usually
printed, shipped and delivered within 10 days. Shipment are via ground
UPS.
At this time we only
make free bulk order shipments to the contiguous 48 states. International shipping
arrangements may be available; shipping prices will depend on the destination. Contact sales@doodletimefun.com
For your security, we use PayPal to
process all our payment transactions. PayPal is a safe, secure way to pay for you online transaction. You may pay
using your PayPal customer account or pay with a major credit card without actually opening a PayPal
account.
However, before ordering Doodle Time Fun prints in bulk, we highly
recommend you first order a Doodle Time Fun value pack and experience the product yourself. It will also give you a
head-start in developing your sales presentation. The prints you color can be displayed to show how beautiful
the prints look when colored in.
Go to the Doodle Value Pack page to
order bulk quantities of Doodle Time Fun prints.
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