I have been approached to sell wholesale (cakepops & caketruffles) is a 70/30 split good or should it be more in my favor like 80/20 or even 90/10? What's appropriate?
Is this to sell in a shop on consignment? That isn't wholesale, it's totally different, and you could be stucxk with a lot of unsold product.
If I was going to do something like that with a store I'd sell it outright to them at the price I'd sell it for usually, or with a SLIGHT discount since it would be a standing order. They'd be able to price it at anything they wanted after that, but I wouldn't stick product in someone's store and have them expect to give me back anything they didn't sell.
.... but I wouldn't stick product in someone's store and have them expect to give me back anything they didn't sell.
totally agree. You are taking all (!) of the risk. they are getting part of the profit.
Oh, no,no,no....it's a person that sells on Etsy I think, it's on the web. She would pay for product and shipping before hand, place the order and sell it for what I sell it at full price but I would get 70% up front at order.
In that case, why don't you just set up an Etsy shop yourself and take 95% of the profit after fees? It's free and takes about 20 minutes to set everything up. Having someone else do it makes no sense financially unless you're really bad at shipping packages!
Hmmm...I agree with Debi and Costumeczar
Curious, what is Etsy? Is it like Ebay?
Google it - its arts and crafts sold by individuals online.
You have to have an FDA approved kitchen to sell online. Local approval is not enough to sell interstate or worldwide. Check with your Dept of Ag.
Wholesale has more requirements also.
Yep - in Oz there are taxation/GST requirements for selling wholesale.