misc retail kiosk in popular mall
- Thread starter thakswet
- Start date
Are you selling your own sauces, or selling brand name sauces? The reason I ask is there are better ways you can go about this, especially if it's your sauce.
Wish you the best thak!
It's difficult to live and breath peppers and hot sauce, and not get directly involved in the industry in some form or another. It just seems to happen when ya become addicted to the Precious..The Almighty Pepper!!
It's difficult to live and breath peppers and hot sauce, and not get directly involved in the industry in some form or another. It just seems to happen when ya become addicted to the Precious..The Almighty Pepper!!
I looked onto it once and got about the same figures. Way over my head. I'm already on a shoestring. Needed nearly 40K to 'start', with 2 or 3 months paid in advance. 
And I don't even like malls, but as John said, they're full of lemmings looking for 'something'.
At least, the one kiosh selling sauces could allow sampling. But they are very diversified. But to pull in the money needed to operate, based on wholesale costs of 50% of retail, you need to plan on another 5K, month, just to almost break even and get minimum wage.
I fell guilty enough charging $6. for a bottle of some sauces, but I see the booths charging $10 for the same sauces.
Extracts can last a long time, but some people use a bottle of Dave's Ginger Peach in a day! I have one customer who buys it by the case, and a restaurant trying a few sauces I gave them.
So far, I'm sticking to carrying sauce I love and folks at the resort give great marks to. Pricing is lower from each manufacturer, per item, too. A shotgun approach is to order from a central distributor, such as http://www.hotshotshotsauce.com/, paying slightly more for each sauce, but getting a wider selection. I may go that route later, but to get good pricing, I need to order 10 to 15 cases at a time.
Anyway, I hope you do well, and maybe we can even help each other out someway.
And I don't even like malls, but as John said, they're full of lemmings looking for 'something'.At least, the one kiosh selling sauces could allow sampling. But they are very diversified. But to pull in the money needed to operate, based on wholesale costs of 50% of retail, you need to plan on another 5K, month, just to almost break even and get minimum wage.
I fell guilty enough charging $6. for a bottle of some sauces, but I see the booths charging $10 for the same sauces.
Extracts can last a long time, but some people use a bottle of Dave's Ginger Peach in a day! I have one customer who buys it by the case, and a restaurant trying a few sauces I gave them.
So far, I'm sticking to carrying sauce I love and folks at the resort give great marks to. Pricing is lower from each manufacturer, per item, too. A shotgun approach is to order from a central distributor, such as http://www.hotshotshotsauce.com/, paying slightly more for each sauce, but getting a wider selection. I may go that route later, but to get good pricing, I need to order 10 to 15 cases at a time.
Anyway, I hope you do well, and maybe we can even help each other out someway.
thakswet said:
For that kind of money you might look into local advertising of your product.
Maybe you can talk the manager of the local Costco or Sam's Club into letting you do a tasting that they are so famous for...
(I am sure their corporate lawyers would go "non-linear" on something like that)
Try a local or independent grocery store into carrying your product and you do the promo booth with a tasting and buy back the inventory if they want out after six months..
I wish you luck.. it's not going to be easy. Jim
Costco wants to be 80-100% of your business....You need to be ready to drop 50 pallets at their warehouse..!!
LOL. If they wanted to, Creator, could you get 50 pallets for them?Denio said:
Give me 2 weeks. With that amount, it would have to be prepaid.
