Jan
20
how do I work out what to sell my dog treats at to a pet shop?
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We make home made dog treats and a local pet shop wants to sell them. How do i work out what to sell them to them at? It costs me £25 in total for ingredients and the dough makes approximately 250 treats, working out at 10p per treat if my maths is right!
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4 Comments
January 21st, 2010 at 2:49 pm
15p make a profit
January 23rd, 2010 at 3:18 am
A common formula is charge three times what it costs to produce.
But then you have to judge what the market will bear.
January 26th, 2010 at 1:31 pm
sell the treats for like $40 so u are getting a good profite
January 29th, 2010 at 9:56 pm
On a standard box of markies or bonios the shop owner would want to make 35% minimum. (excluding vat)
What you need to do without pricing yourself out of the market is to ask random people how much would they pay for 1 biscuit if they say for instance 25pence then your selling price would be 18p.
If your product has certain benefits over the mass produced products then that will drive the price higher, but common sense says that people will only pay what they think is realistic.
Anyway good luck and if you enjoy it and make a bit of money thats better still.