Do you think I sell them too cheap ?

Discussion in 'Growing and Managing a Business' started by fugems, Dec 5, 2009.

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  1. fugems

    fugems
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    Nike Air Max Ltd Shop, Nike Air Max 360 Shoes Shop On Line Shopping
    FuGems International Trade Co.,Ltd., which web is www.fugems.com , is mainly dealing in brand new shoes,sandals,slippers,copy ugg boot,boots,clothes,bags,handbags, AAA Quality Gucci handbag,purse,wallets,watches,suglasses,belts,caps and some accessories,like necklace,earing,bracelet .
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    Sports Suits Brand T-shirts A&F Tee BBC Tee D&G Tee LRG Tee Bape Tee
    Coogi Tee Polo Tee Evisu Tee Juicy Tee 10 Deep Tee
    Lacoste Tee ED Hardy Tee Affliction Tee Artful Dooger Tee True
    Religion Tee Christian Audigier Tee Gina Green Global Tee
    Brand Jeans BBC Jeans CLH Jeans D&G Jeans LRG Jeans RMC Jeans
    Coogi Jeans Levis Jeans Seven Jeans Evisu Jeans G-star Jeans
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    Bikini Juicy Bikini Burberry Bikini

    please visit my webside to have a look . I'M new member here ,and new member as exporter
     
  2. Fergal

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    I see that you are selling ties for $22. There is nothing too cheap about that. Have you looked at what prices your competitors are selling similar products at?

    What market are you targeting, e.g. the higher end with exclusive clothes or more of a mass market with lower priced goods?
     
  3. fugems

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    Hello,
    Our market targeting is a mass market with lower priced goods
     
  4. scifi

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    So you are going for mass market targeting ..well and you have to decide upon a pricing strategy that appeals to most of your customers....In this case what you can do is to include most of the ranges of the product ..which I see you have already done ...Now in this case you have to shift your focus of price on two things- 1- Expected ROI- see if you are getting desired margin over your cost so as to match your ROI ( return on investment).
    2- Competitors analysis- As suggested by Fergal too....do a competitive analysis to determine prices of the competitors .....then frame your pricing strategy accordingly...

    The whole idea is that remain two steps ahead of your competitors while remaining profitable too..:D
     
  5. fugems

    fugems
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    Thank you for your such professional comments and pointing


    Thank you for your such professional comments and pointing , I think to open market is also very important, what better way ? I want free of charge, because if they are paid, then I will be very high cost of doing business...


    www.fugems.com We also have Christmas promotions, this would good point, right?
     
  6. Fergal

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    How have your sales been to date fugems, or in other words are you making sales from your site?

    Do you know how your prices compare to what your competitors are charging?

    Are your target customers in China, the West or both?
     
  7. scifi

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    To sell your products in the open market needs more of Marketing and Communication strategies rather than pricing strategy ..although pricing strategies are important but your Integrated Marketing Communication approach is more of significance there....Open Market will reduce your operational costs, agreed..but it will increase your marketing costs..because it will become more important that you remain TOP OF MIND there in customers thinking....
    Its better to go in a mass market with defined segment and simple approach rather than in open market..:)
     
  8. fugems

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    dear friend ,thank you so much . we now opened Alibaba , then our market will be more extensive .
    and the other way , I hope to make more friends in BAF,then my friends will tell their friends about my webside ,when they agreed to our products .

    maybe my english is too "chinese" ...:eek:

    wellcome friends visit our webside ! www.fugems.com
     
  9. ally34

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    Hello

    Thanks for sharing this informative information. I have got lot of information.
    Please keep sharing more and more information. Thanks you very much

    Thanks
    Have a nice time ahead.
     
  10. scifi

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    Gr8 ..I have heard a lot about WOM(Word of Mouth) as a strategic marketing tool...But you gave me a different idea to use it as a cross-functional and cross-cultural tool ....
    "English is too "Chinese" :D" for sure.....:p
     
  11. eka_black

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    yeah but not too cheap for customer
    you sell them in the good price you can competitiv with your competitor
    have a great sell
     
  12. fugems

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    happy new year
     
  13. Alexia K.

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    Lifestyle and fashionable thing are expensive to collect, so you may want to start with cheap collection.
     
  14. Fergal

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    Closing old thread. If you would like it re-opened, please send me a quick PM and I'd be delighted to open it for you.
     
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