Saturday, 9 April 2016

Unsure where to go next, can anyone offer some advice on what I should do next?

 

Business idea: Make high quality womens leather sandals. My wife and I have experience in design/development/manufacturing in fashion industries. She was tired of not finding decent quality items at 'fair' prices. I have experience in footwear and I'm familiar with margins, sure enough a lot of costs are built into items that don't contribute to the quality of good, but other overhead expenses.

For the last 4-5 months we have been developing our samples, and they finally look ready. www.jsbrooklyn.com or http://ift.tt/1RL1ZnH in terms of finish and quality it would easily sit next to sandals that are $200 dollars and higher (http://ift.tt/1Q0Kv0X).

We are planning on selling our sandals for $100. At the present time we have the ability to produce 50-75 pairs per week. If business were to grow beyond that there are investments we could make in machinery that would allow us to get to 300-400 pairs per week.

Edit: 1- Webpage still under development 2- We do have word of mouth sales and everyone loves their sandals, we've even gotten some reorders.

BUT

I have no experience in sales, marketing, or business. Basically I have a good item with a pretty good margin, but no clue where to go next. Does anyone have any experience here that could help me?



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