tomas
Member
We are currently vacationing in extreme northern Idaho about 50 miles Southwest of Bill Youngs place. Every year I make it a point to visit local galleries here at Priest Lake and also in Sandpoint, ID. At the gallery in Sandpoint a fellow turner has been displaying his pens. He has a full multi-tier display right in the entryway. The turning on his pens is very good and he has a nice variety. His most common price is $49.50 for a nice pen and a wooden box to keep it in. I have no idea how his sales are but he has been displaying in this gallery for a number of years. I am not sure how he makes any money on a nice kit, a nice blank, a pen box, and gallery commision. My only complaint (this is just my bias) is that it appears that he exclusively uses a wax finish. I started out using Carnuba wax but found that, although it looked good initially, it dulled in a couple of months. I switched to medium CA and Micro Mesh(wet) and wouldn't go back.
My question is this: What kind of profit margin can you have with this type of arrangement?
Tomas
My question is this: What kind of profit margin can you have with this type of arrangement?
Tomas