"He who marches out of step hears another drum." ~ Ken Kesey
Great interview! I just got reminded of how small we are after that especially after hearing about how high your shipping cost is alone.
Quote from: Doug S on October 05, 2020, 07:53:45 AMhow high your shipping cost is alone. The good news, is that we get all that back from the customer.
how high your shipping cost is alone.
Quote from: ericheartsu on October 05, 2020, 10:52:55 AMQuote from: Doug S on October 05, 2020, 07:53:45 AMhow high your shipping cost is alone. The good news, is that we get all that back from the customer.It's harder for established stores, but if you are pitching clients / bands new stores for fulfillment, you should offer to take care of the accounting (ie take payments) and just cut them a check each month sans your fulfillment fees / shipping costs ect.It's what we do for a few of our larger fulfillment customers and their accountants love it as they don't have to deal with accounting for each transaction, just get a check at the end of each month, then you have cash flow to cover the shipping costs up front.You could technically slate it like you would take a lesser percentage as you wouldn't have to be a bank, but then make up that difference in other places.I find it interesting you take a percentage of sales, I wouldn't price that way because it is the same work / cost to ship a $18 tee as a $29 dollar tee, but at 10% the first you get $1.80 and second $2.90 is a big discrepancy when doing the same service.Great interview, it's cool to see how many different ways people can offer similar services on the administration side.