Full Version: Who is right ... me or hubby???

From: geebeau [#21]
 21 Apr 2007
To: joyce (JLADY) [#1] 22 Apr 2007

What would the charge per trophy have been complete? If you're selling a completed participation trophy for, let's say, $4.00, it might be kind of hard to justify charging a lot for just the plate.
However, as someone had said, it's not a take-out menu, and it IS a proven fact that the individual car parts are more expensive than the completed car itself, so I'm guessing that charging a goodly sum is not out of line.

This got me re-thinking MY pricing structure on plates for customers' trophies as well. There's a definite increase coming on my part.

Thanks, all, for opening my eyes as well.

Steve

From: UncleSteve [#22]
 21 Apr 2007
To: geebeau [#21] 21 Apr 2007

Steve, I see this as a material vs labor situation.

To quote a commercial, "even a cave man can do it" when it comes to assembling the small trophies... and in just a minute or two for many of them (they come already assembled.. :B )

The time and charges are for setting the "type", proofreading, setting up the plate and engraving the plate. Haven't found a cave man that can do it yet, but I did meet a few members at the Atlantic City ARA show and..... well, that's another post. (devil)

EDITED: 21 Apr 2007 by UNCLESTEVE

From: geebeau [#23]
 21 Apr 2007
To: UncleSteve [#22] 21 Apr 2007

well put, "neighbor"..
(Actually, I had worked in Yonkers for 30 years, so more "neighbor" than now.

Steve

From: Gary (GLSHOE) [#24]
 21 Apr 2007
To: UncleSteve [#22] 21 Apr 2007

Now I gotta go back to my therapist. :P

From: Doc (GREAT_ATLANTIC) [#25]
 21 Apr 2007
To: Dave Jones (DAVERJ) [#16] 22 Apr 2007

quote:
If you don't do them for free as a donation, at least fill in the invoice with $6 or $8 each and then show a discount on the invoice to get them down to the $1 each, but be sure to mark it as a one time discount/donation.
Outstanding advice, Dave! I particularly like the "donation" angle. Let me take it one step further...if the organization is a 501C3, Joyce might actually be able to write off the difference as a charitable contribution. Not sure if this is possible tax-wise, but might be worth a check.

EDITED: 21 Apr 2007 by GREAT_ATLANTIC

From: ACJ (LADYCUTTER) [#26]
 24 Apr 2007
To: ALL

My first estimate for a memory wall of corian bricks was seriously underpriced and I chalked it up to learning expense. I asked my accountant if I could write it off the engraving as a donation and was told that I could not, unless I paid someone else to do it. Since I don't pay myself a salary it is not considered a true cost.

However, because of other factors I recently reworked the current invoice to show the difference between what I should have charged and what I am charging as a discount. The bottom line is the same, but it shows the customer why I am not giving a lower charge on the non-engraved blanks that they need for fill.

I think by listing it this way I can write it off as a discount expense. Still have to check on that with my accountant.

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