After purchasing and sorting a mixed lot, the next question follows: at what price do you resell the items? Below are a number of practical points to consider.
Calculate from your purchase price per kilogram
Start with your purchase price per kilogram, including shipping costs, and divide it by the average number of items you expect per kilogram (this varies greatly by product line: small electronics accessories weigh differently than, for example, household appliances). This gives you an indicative cost price per item.
Account for sorting and processing time
Besides the purchase price, sorting, testing, and photographing items also takes time. Factor a realistic hourly rate into your pricing, especially if you sell through a webshop or marketplace where good product photos and descriptions are required.
Be cautious with expectations about value
We advise against assuming a fixed 'profit margin' per lot in advance, since the exact composition varies with each delivery. Instead, look at the actual proceeds per batch sold, and use that information to adjust your pricing for future purchases.
Would you like to brainstorm about which product line fits well with your sales price strategy? Feel free to get in touch with us.