Replying to [Sebrina Lou]:
They say Rome was not built in 1 Day..or maybe I should say the Chinese Wall was not built in 1 Day..meaning PATIENCE..
You have to be Patient...but also you have to find out why your customers are not accepting your prices.
1. Your factory is not giving you good prices
2. Your commision maybe a little too high..try and reduce it..dont do more then 10% on top..otherwise u will not get the business..
So try and get good prices from the factory + 10%..that should solve your problem because your customer will never get a better price
Let me explain with an example. Supposing your factory is selling a product to every one at $10. You go and negotiate with the factory a price lower then they would ever sell to anyone else. I dont know how you can do that..maybe the factory manager is emotional and you can shed some tears...whatever..YOU GOT TO GET A PRICE BELOW $10 OTHERIWSE YOU CAN NOT DO BUSINESS. SO GET HIM TO GIVE YOU $9
THEN PUT YOUR 10% ON IT..AND YOU ARE IN BUSINESS...NOT EVEN YOUR CUSTOMER CAN GET PRICES CHEAPER THEN WHAT YOU OFFER HIM...YOU SEE THIS IS THE TRICK..
BUT IF YOU DECIDE TO PUT 25% OR 35% THEN YOUWONT DO BUSINESS.
BETTER SELL ALOT WITH ONLY 10% THEN LITTLE WITH 20%,,
IF YOU SELL $10,000 PRODUCTS AT 10% YOU MAKE $1000.
BUT IF YOU SELL $4000 AT 20% , YOU ONLY MAKE $800, WHICH IS $200 LESS. SO DONT MAKE TOO BIG A COMMISION..BECAUSE YOU MAKE LESS MONEY ...
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