Need something engraved? Choose your price!

ednotdave

plate-engraving wrote: »

In response to StevenB's comments:We would just like to say that we understand his concerns, and would like to immediately clarify that the engraving plates are not free!

We ourselves like Steven have paid good money for engraving machines and our aim is not to put other people out of business by practising reckless business ourselves.

The whole ethos of the site is that whoever orders an engraved plate will on satisfaction pay an amount they deem fair. In the past (upto this point) the plate engraving industries pricing system to the layman has been very vague, and people have been ripped off.

Our Unique system lets the customer pay what they think is fair, and so far the British public have lived up to our expectations and a very high percentage have paid promptly and fairly.

Its ironic that you have stated that we value our work so little , its the simple fact that we value our work so highly that we can place this trust in our valued customers.

Do you do dog ID tags?

Ta!

System

fat_jedi wrote: »

I know exactly what you mean.

I joined a franchise a couple of years back with the idea that the product I was buying into would be sold in my shop and at summer fetes.

The basic cost of the item after making it including paying a royalty fee to the franchised company was around £5.00

The RRP was £18.99, but we sold them at £14.99.

Sales were slow and I turned to a popular auction website... There were fellow franchisees on there selling the items for £5.50!!!

It always seems that wherever you go - there is a company or individual willing to work for next to nothing and it kills the "sprirt" of the craft or industry you're in and cheapens the product.

Needless to say, I took a hit on the franchise fee and do not sell said items anymore!!

FJ

how does selling at a price lower than you cheapen the product if it's the same product? sounds to me that your mark up was too high - an extra £9.49 sounds excessive just for retail overheads...

fat_jedi

punkrjb wrote: »

how does selling at a price lower than you cheapen the product if it's the same product? sounds to me that your mark up was too high - an extra £9.49 sounds excessive just for retail overheads...

My problem is that the product in question was quality and decent and worth the price we sold it at. (The RRP seemed a bit high to be honest, but that was our opinion).

Retail mark-up is generally set at 2.54 as a rule, so for someone to come along and sell the items for 50p profit completely undermines the industry and cheapens the product. With their auction fees they wouldn't have made even 50p.

The practice is not a new one...

You set up a rival company and sell either at barely a profit or even at a loss (funding and support from elsewhere is vital to setting this up. i.e. another business line)

Your competitors close under the pressure as they can not compete on price.

Once your competitors have gone away, the price goes back up.

FJ

Lougipsy

Hi I have two hip flasks that I want engraving but my local jewlers who does engraving is asking silly money. Does anyone know a reasonable priced company i can post them to that will engrave them and post them back?

willetttiger

How many letters do you want engraving and post back the same day email me at [EMAIL="willetttiger@aol.com"]willetttiger@aol.com[/EMAIL]
Kind regards Harry Willett