Pricing and Marketing input needed

[Jayhawks]

I am wanting to start selling m401 here locally because of the up coming smoking ban.

I was thinking about offering a MEGA STARTER KIT and would like some opinions on it.

Mega Starter kit will include:
M401 starter kit with 2 batteries 1 atomizer, wall charger, 5 prefilled carts

Then I would add the following to make it MEGA

1 extra Battery
1 Extra Usb Charger
1 Extra Atomizer
1 extra carrying case
1 10ml bottle of liquid

I havnt decided on a price but it will be below $100

What do you all think?

[CaSHMeRe]

Jay ... If you are going to sell, please develop some sort of business plan. I understand you want input from members, however, THEY aren't the ones running your business.

You think McDonalds goes to customs and asks them how to price their burgers?

just my $.02 cents bud ... Price it accordingly and let the market judge for itself on the pricing ...

[Jayhawks]

I'm not in this to be a BIZ and make my living. Just offering something that smokers around my town might enjoy.

[CaSHMeRe]

Exactly Jay ...

In YOUR town ... No one can better judge how to price something in your individual market than YOU Pricing looks good bud, no doubt about it and you should have no problem moving product!

[Jayhawks]

THanks Cash thats what I wanted to know. I just want to be able to move the product..


Oh and its Budette

[Jammi98]

Just so you have a frame of reference, Katy at The Smokeless Shop - sells a starter kit similar to that.

[CaSHMeRe]

Hey Jay ... no problemo bud ...

Remember ... Face to face/Direct sales, people normally pay a premium for. If all you are going to do is direct, I would probably add 20-25% on top of what you think is an "online" fair price

Just so you have a frame of reference, Katy at The Smokeless Shop - sells a starter kit similar to that.

And her sales are mostly internet sales I would imagine

[]v[icr0-kn0x]

Jayhawks, I'm also contemplating on the doing the same, but I'm doing my research also. I had done my search around my town and I'm also going to be talking to some friends and family and see if it's worth to capture other parts of that market. Like Steve said, create a business plan before you start. Luckily I had already taken some business course (as it's part of my degree) and I'm still going through the motion. This is the best approach before actually spending a single cent.

[Obi Wan]

dont want to sound negative but to sell as a hobby and make some extra money isnt as easy as it might sound.
if you do the research or have experiance then it might be a good idea.
but to do it legally theres alot involved.
licenses,,hiring an acountant if needed,,paying weekly or monthly 941,s on any salary taken,,sending earning reports,tax forms,sales tax forms and end of year forms even if you dont do a profit.
then theres fines and penalties for anything thats late or any numbers or reports that have even the slightest mistake.
just my opinion but if you do it as a side project to make extra money you can get in trouble fast and if you can do it all out full time like maybe Steve at puresmoker then it may be well worth it.
and as he knows it takes alot of time and hard work.
again,, not trying to be negative and you may already know about the things i wrote.

[Obi Wan]

one other thing,,lol
the reason i wanted to reply is because i speak from experience.
i owned a small machine shop for 10 years.
had some good years and some not so good.
i closed it a year ago because of slow sales etc,, i enjoyed some years of having my freedom and when i made enough to pay my bills,mortgage,,etc..
but im happy now to have a great job and i dont miss the stress and hours..lol