I learned a new skill and it seems like I’m the only one offering this skill within a 3h drive.
Few information upfront: I am planing on installing smart foil for windows. Since window sizes vary a lot I can’t just bulk order up front.
My total costs per one piece before installation are $330 including all the equipment needed and the shipping and import taxes. Price per squaremeter is $89. Shipping stays almost the exact same for 10 squaremters.
My competitors offer worse quality for as cheap as $170 for a squaremeter up to $300. Including the tools needed a customer would have to spend at least around $400 before installation.
So importing seems to be the better option especially for bigger orders.
How should I price my product+ installation service?
Any help appreciated!:)
General rule of thumb, take your costs for supplies, wages to pay yourself, travel expenses, insurance (break this down by the monthly expense by the number of hours that you work it might be like a dollar per hour or a dollar per minute but add that to your total)
once you have a total x2 if you have a lot of competitors or x3 if you do not.