No idea what to charge

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TerryQ
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Joined: 19 Oct 2017, 22:42
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Re: No idea what to charge

Post 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
froggy
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Re: No idea what to charge

Post 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.
GoonerGary
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Re: No idea what to charge

Post 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.
Andrew
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Re: No idea what to charge

Post by Andrew »

You might he able to get away with 2.99 plus vat per mug.
TerryQ
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Re: No idea what to charge

Post by TerryQ »

Thanks Froggy, Andrew & Gary... much appreciated
Terry
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