What do you do?
I gnore shipping and price frames based only on wholesale cost.
I markup the frame wholesale cost, then add shipping.
I add shipping to the wholsale cost, then markup the total.
What do you do?
...Just ask me...
In the state of California, we pay sales tax on the wholesale price. Eyeglasses are not taxable to the consumer. I factor that in as well.
CM4 your think you got a problem.
In Mississippi, doctors pay sales tax on wholesale costs only (in order that they will not appear to be merchants). But us independent dispensaries need to collect sales tax on the item at time of sale on the full retail amount.
It gets worse, I have to pay sales tax on artificial eyes, even when medicare or medicaid pays (sort of) the bill.
Chip
Wow! Here we pay sales tax at wholesale on frames and lenses. Consumer pays sales tax on non-rx sunglasses and accessories. Before most vendors got their software to adapt to Ca, I had to have two accounts one for opthalmic frames and one for sunglasses. That problem was resolved some time ago.
Shipping charges are just like rent and electrical. They are all costs that related to doing busness.
As far as mark up goes. I think if you have a product that sells well mark it up more. If it does not put it on sale.
2 cents
We used to mark up to only double + 10. It severely increased our cost of goods when the prices started climbing and shipping charges from manufacturers increased to replace the lower priced item that was on the board. This is often hard to detect if you re not computerized. Now, we price according to frame facts and add an amount that covers shipping (which in many cases this year is amounting to $6.and higher) plus the cost of the cleaning kit, or lens cloth + a pair of silicone no slip pads plus a nice case to the price that we provide and possible future services we do not charge for. My estimate is $30 to provide this type of service.
I just spoke with the doctor about doing this today and I think i will be incorporating S&H into fees as well from now on.
We just include it in our cost of goods.
Holy zombie thread, Batman!
I'm Andrew Hamm and I approve this message.
Chris
This is not true. We are receiving a lower cost by negotiating this. It’s a win win for all of us.
We just add USD 5 extra for international shipping and send the glasses through Government mode (EMS) but shipping is free within India (our home country).
Why on earth does this thread keep coming up as un-read?
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