Thursday, October 22, 2015

How to Start an Etsy or Amazon Store :
Series Stay away of supplier price increases 
One of the things as an entrepreneur we had to learn fast was to maintain our margins during supplier price increases. This is VERY important and most online beginners do not think about this as an important part of their daily "to do " list. We usually double check these price increases every quarter and adjust pricing accordingly and this is where you have to be vigilant. When of course you start a business you start it to make a profit, but when you allow suppliers to increase product costs that are part of the production of a final product increase your pricing to accommodate this incresse.
Check out our video that goes into detail about this !


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