vetryan15 wrote on Aug 6
th, 2019 at 11:40am:
You do know that silver is about $17 an ounce right now. Doesn't seem like a good incentive to me.
vetryan15... Thanks for your thoughts! You're jumping right into the middle of a dilemma that all sellers / business people face - myself included
That is, if I want to offer discounts or incentives, how much do / should I discount before selling this item isn't worth the effort that I put into it? For me, I'm real close to my own red-line now, as I typically work 48hrs / wk. and at my regular job and make 3-4 X less per. hr. making and selling slings than I do at my regular job... Come to think of it, once Uncle Sam hits me up, I'm in worse shape than that
There's a very real sense that if a customer only wants / will use 1-4 slings, they won't want to buy 10 of them so that they can get the free oz. of silver. While I'd love to sell them 1-4 slings, it probably wouldn't be in their best interests to pick up 10 for an ounce of silver if this is their situation.
The buyer that might be more inclined to the 10 sling offer would be someone who has their own gift shop / survival gear store / or small business outlet / context where they could buy for about $9.34 (with the price of the silver accounted for) and resell for $12-$20 in their own context or store. (As a side note, the first shepherd sling I sold on eBay was one of this same style [without decorative stitching], except it had been made with a repurposed leather pouch instead of the leather that I currently use. It sold for $20.).
Another buyer that might be attracted to the 10 sling offer is someone who had a bunch of birthdays / holiday gifts to shop for and wouldn't mind picking up 10 solid handmade gifts (and a free oz. of silver) for around 11 bucks a piece.
At any rate, $10.99 (w. free shipping) is still a solid, competitive deal for a hand-crafted leather sling of this quality, and if you don't want 10, you can always pick up 7 or 8
Just teasing...
Looking forward to reading more of your thoughts on the board. The San Juan islands are beautiful indeed and many thanks for your kind welcome & critical interaction!