Make Money On Your Handmade Product

Ole L, Retail Management

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9 Videos (35m)
    • Introduction

      0:49
    • Know Your Cost

      4:35
    • Other Costs

      1:50
    • Know Your Market

      1:13
    • Ways To Calculate Retail Price

      2:52
    • Calculating Retail Price

      13:08
    • Calculating Wholesale Price

      7:26
    • Wrap Up

      2:32
    • Bonus

      1:04

About This Class

Class Description

How do you decide what the best price to sell your product for?

If you make and sell products or are thinking about selling products you have made, either online or in a brick and mortar store, knowing how to price your products is essential to the continued success of your store.

This class shows you how to come up with a profitable retail price to charge for your products, that works for physical products that you have made.

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5 of 6 students recommendSee All

Great class. It gave me ideas on how to price my services. Thanks.
Desarie Anderson

Cash Flow Management

Nice easy to follow class.
Really good. The psychological pricing aspect isn't something you would think of but it's real when you do actually think about it. Can you do one for wholesale pricing?

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Students

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Projects

Ole L

Retail Management

There is no reason to stop learning and the best way to learn is to share the knowledge you have.

Through sharing my knowledge I hope to add to mine.

Having been fortunate to have worked in buying departments as a Merchandise Planner on three different continents, I have been able to gather a wide range of experience and have accumulated a wealth of knowledge, as a Merchandise Planner, which I am now imparting on others.

What is a Merchandise Planner?

A Merchandise Planner is someone who through planning sales and inventory increases profitability by maximising sales and minimising losses within a retail buying department.