So last week I received samples of my product and they look great! I put a few samples up on Ebay to see what kind of sales I would get out of them yet none of them sold. Brad told me to list them at a higher price just to see if they would sell which is smart because if we had them at a lower price then we would never know how much we could really get for them.
Since none of them sold, the obvious thought is that we need to lower the price we are selling them at. Well, right now we are getting them at too high of a price to lower the price in which we are selling for. So, what I am doing now is I am starting to search non stop for more manufacturers trying to find the cheapest price we can get for this item.
Brad has been a tremendous help throughout all of this, I can't even start to explain what he has done. He is helping me pay for all of these samples, and since most manufacturers require a large order to get a low price per item, Brad had offered to pay since me and him both know we will be making money in the long run.
So as we stand now, I am talking with a few people in China discussing what we can work out as far as how many items I will have to order in order for them to work with us. I will keep you posted when anything happens!
- Mike
Tuesday, March 27, 2007
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