Re: profit Vs justification - what I've had to come up with


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Posted by Lelia on July 7, 2002 at 15:55:37:

In reply to: profit Vs justification posted by samantha on July 6, 2002 at 20:43:18:

The bottom line is the bottom line. If your into hennaing because you
love it as an art form that's great. If you've taken it to the step
of actually making money with it, it's business. You are now
providing a service of which you are expecting compensation for. The
profit margin on product on the margin these days is amazing (think
CD's). Ypu shouldn't feel bad about doing something you feel is easy
and still being able to eat. The most important thing to do is to
find a balance as to where you feel your prices are fair (maybe not
as low as you'd like but still fair) and making a decent profit.
Furthermore, in dealing with quanity at lower prices look at
projected profit as it's more accumulated.

Yes it's hard being an artist with business ethics. And it's
admirable that you want to drive down prices as low as possible -
this is a good thing - and if more business would do this - alas.
Just keep in mind how much you want to make/ need to make - maybe you
can up the prices on a few designs you thought are easier but aren't
or bump down the sea horse to just 6 or 7? Just a few thought's this
early sunday morning - Lelia

 


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