What Is Yhe Good Price To Sell Mink Lashes?
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Lash Vendors Wholesale Mink Lashes
If your eyelashes are handmade and high-quality mink lashe is, yes, it is a good price.
If someone asks me, “What is the hottest personal brand business right now?”, there is no doubt that it must be Mink lashes.
If you create your own eyelash brand and you get your product from your supplier, then you will want to know how to price your product.
Brands like Lilly lashes use higher quality eyelashes, so they can sell them at a higher retail price.
Eyelash Vendors Wholesale Mink Lashes
If your eyelashes are of average quality, you can only sell them at a lower profit price.
So, you will have questions, how much should my product be priced?
This depends on the total cost of our products and brand positioning.
Mink Lash Vendors
First of all, we cannot do business at a loss, so our selling price cannot be lower than our total cost.
The total cost includes the cost of our eyelashes, the cost of eyelash packaging, and the cost of transportation.
For example, if you buy high-quality eyelashes at a cost price of $7 per pair, the cost of packaging is $2 each, and the cost of shipping is $3 per customer, then the total cost is $12. Your eyelashes must be sold for more than $12.
If you set a price of $24 for your product, then your profit is $12 per eyelash. If you set a price of $19.8 for your product, then for every eyelash sold, your profit is $7.8.
Wholesale Mink Lashes
You can formulate a price strategy for your product based on your product positioning and the pricing of your competitors, as well as the development of trends.
If you get a newest product on the market and your competitors do not have this thing in a short time, you can set a higher price for them. For example, the initial retail price of Lilly Mink lashes was $35 per pair, but as competitors developed, they had to lower the retail price of eyelashes.
If you have just started your eyelash business, then we can set a competitive price for the product through a limited time discount. For example, if you set a price of $24 for your eyelashes, but the limited time discount is $19.8, then you have a more attractive discount for the same product, which can help you start your eyelash business. If you are just starting your eyelash business, $19.8 is a good price for high quality eyelashes.
Mink Eyelash Vendors
Seeing this, you should have an understanding of the retail price of your product. Let’s summarize:
- 1. Make a price strategy based on your cost.
- 2. Develop a price strategy based on your competitors.
- 3. Develop a price strategy according to your product positioning.
- 4. Make price strategies according to the trend.
Wholesale Lash Vendors
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