A fellow vendor accused me of just being nothing more than a hobbyist because she says my prices aren't high enough. The thing is, last year I increased my prices by $1 and sales ground to a halt. Since 2018, in my state home insurance has gone up by up to $9000 a year, the average wage is $10-$12 an hour, groceries are twice what they were and sales taxes are supposed to go up to almost 10% in January. If I charge too much, my sales will stop and I will go out of business. I'm willing to adjust my prices as the market changes unlike most. I'll probably have to increase prices next year but charging $20 for a 4 ounce of body butter will just not sell it. I tried $9 last year and sales stopped. Decreased it to $8 and sold four in a week.
I'm a bit upset right now. I just felt the condescension dripping from what she said and now I'm questioning everything.
Any advice?
I'm a bit upset right now. I just felt the condescension dripping from what she said and now I'm questioning everything.
Any advice?