Why Cheap Doesn't Pay (9 Tips to Help You Price Your Plant Starts)
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- Опубліковано 21 лип 2024
- Looking to sell plant starts at the farmers' market, but not sure how to price them? If you try to compete with big box stores when pricing your nursery starts, you won't win. You simply can't. They pay virtually nothing for their plants.
In this video, Nick from Bootstrap Farmer takes us through the considerations to have when pricing your starts for the farmer's market for an outcome where you do win.
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TIMESTAMPS:
00:00 Are Veggie Transplants Profitable?
01:11 Current Big Box Prices
02:22 Variable & Fixed Expenses
04:53 Don't Assume Your Client's Price Threshold
5:54 Big Box Disadvantages
08:23 9 Pro Tips to Profitable Transplants | 1-Overdeliver
08:36 2- Tell Your Story
09:14 3-Economy of Scale
09:56 4- Be a Leader
11:02 5- Market Evaluations
11:56 6- Know P&L
12:19 Corporate Espionage
13:10 8- Stay Up to Date on Pricing
14:15 9- Create Your Own Rules
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Wow, I had no idea big boxes were charging that much. My local hardware store has gone up to around $7 for a single start and more than that for a 6-cell.
I take a $1 deposit per pot when I sell things in my Bootstrap Farmer stuff. I have never had a complaint but rarely does anyone come back to get their deposit. More often they tell me they liked mine because they wanted to keep the pot/tray.
This is fantastic information!!!
Glad you think so! Thanks
Excellent
Thank you! Cheers!
Thanks Nick! Perfect timing! As we are just getting Started, this is fantastic info!
Blessings ❤
You have to wonder when all this price raising coupled with increasing costs across the board along with inflation is going to cripple the local farm and farmer.