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2020-4-10u2002·u2002RETAIL PRICE (MSRP) = Wholesale Price x 2 to 2.5 Let's say you are a jewelry designer and it costs you $10 to make a necklace( this includes your time and materials). You should charge $20 to $25 wholesale (to stores) and $40 to $50 retail (on your website).
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Get Price2015-1-12u2002·u2002But selling wholesale can be very lucrative if you play it right. I started selling wholesale in 2013 and by the end of the fiscal year, my wholesale orders brought in 50% of total revenue. In other words, I doubled my sales by selling to stores. Are you still wondering how wholesale can have a positive impact in your creative business?
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Get Price2015-1-12u2002·u2002I doubt you need any more convincing, so let's get straight into the 7 steps to start selling wholesale and bring in the moolah! 1. Take charge of your pricing. Before anything else, your pricing must be able to take the hit. Stores expect your products to be priced at least 50% lower than your regular retail prices.
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