Pricing for trade prices unframed and framed
Hi there! I am new here and hoping to find some help to ease the amount of head scratching I do on a day to day basis - (not from nits)
I have so many questions that crop up and nobody I know can help me with. I was wondering if anybody here sells prints of their watercolours direct to independently owned stores and if they did, if they could advise me on profit I can expect to make/how much of a mark up etc. I have been selling them unframed in sizes A4 and A3 and don't have any problems here - I am happy with the trade price being about 50% of what I actually sell them for myself. My problem is that a specific stockist is asking me to supply some framed and I don't know how much profit is ok to make on the frames that I am buying. I know everyone sets there own prices but I am unsure what to do as I don't know what is considered an acceptable price to charge a shop for a store bought frame that I will make a bit of profit on. Say the frame costs £7.50 for me to buy in, would I charge double to the shop who then sells on for even more?!! My head hurts - I am probably making it more complicated than it is. Double seems a bit much for profit on a store bought frame but I wanted to see what others thought.