Advertising & selling in Europe
Discussion
JCKST1 said:
The price will be approx £300 per unit, retail price is around £950 (often seen for approx £750 in the sales), we were thinking about £550 per item should shift these quite quickly and is a fair price considering they are old (brand new) stock.
The issues we face are that the transport and import fees are not worth importing them back to the UK, the profit would be gone
If they are £750 in a sale but you decide to sell them with a further £200 reduction, that was your profit.The issues we face are that the transport and import fees are not worth importing them back to the UK, the profit would be gone
JCKST1 said:
We are currently working with a large retailer (UK based) who had a few shops based in Europe, these were closed last year and all remaining stock returned to distribution centres for storage.
We have been popular brand stock from them in bulk recently and sending it to the UK which has worked great for both companies, we are making a good profit and they are clearing stock which was stuck in the EU and costing them storage money.
They have now offered us a large amount of their own brand good, about 1500 items. The price will be approx £300 per unit, retail price is around £950 (often seen for approx £750 in the sales), we were thinking about £550 per item should shift these quite quickly and is a fair price considering they are old (brand new) stock.
The issues we face are that the transport and import fees are not worth importing them back to the UK, the profit would be gone so that leaves us with the EU market. We do export goods occasionally but on an ad-hoc basis if we get an order so we dont really have an EU presence but the only way to sell these would be within the EU and direct from the distribution centre if the company will allow (I am sure they will as they have been great to work with and are keen to start shifting these).
What do people think the best way to approach this is, it seems like an offer we dont want to pass up but the only options we can think of are creating some sales channels abroad (EBay.de etc) however you are then at 0 sales/feedback etc and I can imagine the process being a pain.
We thought about trying to offload them in bulk at a lower price (£375 for example) to big EU retailers but dont seem to be getting very far.
Any tips appreciated.
What has changed between the highlighted parts?We have been popular brand stock from them in bulk recently and sending it to the UK which has worked great for both companies, we are making a good profit and they are clearing stock which was stuck in the EU and costing them storage money.
They have now offered us a large amount of their own brand good, about 1500 items. The price will be approx £300 per unit, retail price is around £950 (often seen for approx £750 in the sales), we were thinking about £550 per item should shift these quite quickly and is a fair price considering they are old (brand new) stock.
The issues we face are that the transport and import fees are not worth importing them back to the UK, the profit would be gone so that leaves us with the EU market. We do export goods occasionally but on an ad-hoc basis if we get an order so we dont really have an EU presence but the only way to sell these would be within the EU and direct from the distribution centre if the company will allow (I am sure they will as they have been great to work with and are keen to start shifting these).
What do people think the best way to approach this is, it seems like an offer we dont want to pass up but the only options we can think of are creating some sales channels abroad (EBay.de etc) however you are then at 0 sales/feedback etc and I can imagine the process being a pain.
We thought about trying to offload them in bulk at a lower price (£375 for example) to big EU retailers but dont seem to be getting very far.
Any tips appreciated.
Gassing Station | Business | Top of Page | What's New | My Stuff