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Re: No idea what to charge

Posted: 23 Nov 2017, 15:09
by TerryQ
Hi there

I have never printed anything for a business, but have been approached to print some items - mugs, coasters, keyrings as promotional items for them to give away

They are just looking at batches of 50

I have no idea what pricing discounts over normal retail price, so, if anyone could advise, it would be appreciated.

So, for example, if a normal printed mug sells for £7.99 - what price would you quote to the business?

Thank you

Terry

Re: No idea what to charge

Posted: 23 Nov 2017, 15:25
by froggy
Work out your costs, material costs, consumables cost, machine costs and fixed costs etc then add the margin which will cover these expenses AND add profit margin for your business.

Re: No idea what to charge

Posted: 23 Nov 2017, 16:06
by GoonerGary
I would at look some of the online promotional companies for a guidance on prices. As soon as you hear the words 'giveaway', they kind of want it for next to nothing.

I print for artists so know what kind of price they are going to retail it for. I work out wholesale prices to allow everyone to profit, but with promo work it's fairly cut throat rock bottom margins.

Re: No idea what to charge

Posted: 23 Nov 2017, 21:57
by Andrew
You might he able to get away with 2.99 plus vat per mug.

Re: No idea what to charge

Posted: 24 Nov 2017, 15:39
by TerryQ
Thanks Froggy, Andrew & Gary... much appreciated
Terry