How much discount should you give to friends when selling handmade crafts?
Posted on May 12th, 2010 by admin
I know someone who wants to sell their crafts and start a business but isn’t sure what percentage discount is right to offer friends, family and colleagues. To give the items away fro free would scupper the business before it starts! But to charge full price seems wrong. Is there a standard percentage discount that is generally considered reasonable? Are the percentages for friends, family and colleagues different?
I don’t think it seems wrong to charge full price, but if a discount is really necessary, I’d do a 10%-20% discount.
Music video off Don McCloskey’s first ablum, Bombs Over Bristol.
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super discount
OUR LESSONS MATCHED TO YOUR TEXTBOOK/ STANDARDIZED TEST: http://www.yourteacher.com Students solve word problems using the “discount” formula, which states: original price x rate of discount = discount. Students also solve word problems using the “sale price” formula, which states: original price — discount = sale price. For example: A tennis racket marked at $110.50 is on sale at 20% off. What is the discount? What is the sale price? Students also solve word problems using the “rate of discount” formula, which is the same as the percent decrease formula: amount of change/ original number. For example: An old video game is marked down from $48 to $18. What is the rate of discount?