It sure should. You should be charging more than them. Or at least the same.
It sure should. You should be charging more than them. Or at least the same.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
Works for me, I'm sold out until next summer.Sell your honey. If people like it, you will build a customer base who will retrun to buy more and spread the word that you have a product worth buying. Don't try to compete. Sell your own.
Cam Bishop
www.circle7honeyandpollination.com
Maybe you should raise your price too?
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
Well, I'm getting $10/lb retail and $6/lb wholesale. Can't push it much higher I'm afraid. Don't want to price myself out of existence.
Cam Bishop
www.circle7honeyandpollination.com
Those are good prices. You should be making a profit at those prices. Mine aren't that high. Good job Cam.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
Still in the red as I continue to grow. Looks like I have bad losses this winter in my nucs. So don't know if growth year or replenish year![]()
Cam Bishop
www.circle7honeyandpollination.com
I'm sold out,i sell quarts for $13.50 at the farmers market and $13.00 at home ($.50 is to cover the set up fee) May have to go up on price if supplies go up? customers want raw local honey, but if you raise your price to much they go to Wally World for the $9.00 to $10.00 quarts.
If you raise your price too much you will make more on what you sell.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
That's true,but i would rather sell at a fair price and build my customer base up (word of mouth) then move the price up slowly when overhead occur. If you get to greedy you start losing customers, and the word gets out that your trying to rip them off,when that happens you can never get them back. Seen it happen.
Can't argue w/ you there. But, it isn't ripping someone off to get twice the Wal-mart price or more. It's making profit so you can stay in business and expand your business. Maybe you don't need to run a financially selfsusstaining bee business, because your real job supports your bee bizz. Nuthin' wrong w/ that.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
But how is the customer to value what you sell if you sell it too cheaply. I have very few customers tell me I'm too high priced [even though I'm on the very high end of sale price]. They understand they are getting pure honey, unfiltered and unheated. They value that.
Cam Bishop
www.circle7honeyandpollination.com
It is very much about whether one is in business or not.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
Camero7,I've had bee club members tell me they guess they raised there price to high? that their study customers quit coming back.I usually run out of honey before the first of the year and i tell my customers i won't have anymore befor July or Aug. They like that because they know i'm not buying honey and selling it as my own. My phone starts ringing off the wall in July.![]()
I have a pretty loyal customer base. Sometimes they buy in the store and then come back to tell me how great my honey tastes. I know I have a high price but I firmly believe, if you don't value the honey how can you expect your customers to? I'm sold out and have a couple stores begging for more honey. I don't buy and resell either. That's a good way to lose customers IMO.
Cam Bishop
www.circle7honeyandpollination.com
Brooksbeefarm,
How much are your bee club members selling their honey for? I also think your price is too low for the quality honey you produce. Mark and Camero are the voices of experience so what they offer in advice is priceless.
You are worried about fewer sales. But, for every 100 quarts you sell at $13.50/quart, you could sell 75 quarts at $18/quart and make the same amount. These are the numbers as an example....
$13.50 x 100 = $1,350
$18.00 x 75 = $1,350
You could sell at the higher price and have 25% fewer quarts sold and still make the same amount in total sales. At this rate, anything sold after that total is a bonus (25 x $18 = $450). The numbers change depending on what you sell quarts for. Wish you well.....
Most folks have no idea what it takes to get honey from the hive into the jar. (I know I didn't. After my first extraction, I was ready to sell for $100/quart!)
If you think this is a potential source of income and is worth saving, then invite the owner to your next extracting and let them learn what is involved. That way they'd know what's involved, plus they would be able to explain the process to their customers.
Just some food for thought.
Good luck!
Greg Whitehead, Ten Mile, TN
Blog - http://gregsbees.blogspot.com/
Bee Bliss, no doubt i could make more $ by raising my price. but in this small country town of around 1200 population (older farm people) you can't charge twice as much as they can go to Wally World and get a quart of honey even if they know my honey is better. Most of the bee club members that sell honey from they're hives sell it to people they work with $18.00 a qt, but they only sell 10 to 20 qts. a year. I could join the Springfield, Mo. Farmers Market and get $18.00 a qt. but the fees i would have to pay to join, and set up fees plus gasoline driving to and from would cost more than the extra $4.50 per qt.so i think i've got a good customer base built up here.Out of the 160 club members only myself and one other member produce enough honey to have a large customer base and she sells her honey cheaper than i do.
People try to be educated consumers, which I respect and do myself on almost everything I purchase I make. Commonly, they go to the internet and attempt to learn what is consistent with their desires, and in this case to learn about "raw honey" and potential health benefits. They then land upon one or more of these sites, which gives them a false understanding on what "raw" honey really is. The sad thing is that this bogus stuff seems to propagate faster than real facts. I've been finding more and more customers come up to our booth and look at our beautifully presented jar of liquid raw honey (and yes clear) and almost immediately they turn away and say something like: "Sorry I was looking for raw honey". I then reply (as nice as humanly possible) that all of the honey in front of them is raw. They then turn around looking very puzzled with that look as those anything that comes out of my mouth in the next 30 seconds will be a lie. Some stop and listen, but others have their minds clogged with internet bogus "facts" and don't believe a word that I say. My definition of raw honey is very simple. It is honey that is only coarsely screened and never heated - that's it. Oh and for the disbelievers, I have archived a jar of honey every year since 2003 and all are still perfectly clear and liquid. Our spring crop simply does not crystallize. In fact, I've tried to make creamed honey from it and can't.
I'm going to make a flier to give out that tries to cut through the BS and present some facts.
Horseshoe Point Honey -- http://localvahoney.com/
Who ya gonna trust? The guy standing at the Farm Mkt every wek, who puts his name and contact info on the jar? Or some unkown and unknowable entity from somewhere out there in cyberspace? Cause ya know everythig on the net is true, right?
I feel for ya Astro. That's one reason I don't sell at Farm Mkts. I sell directly to stores. It sells, even if it has to sit there until the right customer comes along. If it sits there too long I have a Buy Back Policy.So far, after 20 yrs or more, I haven't had to buy any back.
Get them to taste it if you can. They'll feel obligated to buy some. Some of them will anyway. And when they do, others will see them doing so and suspect there is good reason to do so also. And they will. Marketing. Sell your own product w/out denegrating someone elses and you will build a customer base over time.
Mark Berninghausen
www.uucantonny.org, "Support Our Troops"
The same way Clorox sells natural products under the name Burt's Bees - It' all about marketing to sheep!
As to your quality product - don't be discourgaed - it will take some time to develop a niche but once you do and word spreads you won't find yourself having to explain your product very often. A sample taste comparison with a store owner or a retail customer speaks for itself.
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