Snuffy said:I admire your efforts. Even if you lose money initially...you gain in education and will do better next time. Charlie where are you located or where do you spend your time in DR....Santo Domingo?
So, you bought these blouses for like a $1.50 each? That is a great price for a brand name blouse. Is that normal for that kind of item? I was under the impression that a manufacturer would need to get a couple more dollars per item.
Business is tough. You of course have to factor in your overhead...gasoline, vehicle use, time...you gotta pay yourself.
I am very curious to know what percentage customs wants. My feeling is that a dominican with connections can get his product into the country much cheaper than you or I can. And he can sell his product cheaper to the retailer...who is taking a chance because product here does not move fast....you see a lot of old product on the rack.
Best of Luck
I am located in Indianapolis, Indiana, and I spend around 8 -10 days per month in the DR. I do some consulting in the DR but not enough to make a real living wage. My efforts in this venture are centered on the cities located on highway 3 from San Pedro to Punta Cana only. SD is only a pick up spot for incoming goods.
I have a little more than $1.50 in the blouses and you must remember that this is change over time for retailers here in America. It is time to get rid if summer stuff and make way for fall and back to school merchandise. Remember I said that they had American brand names not that they were manufactured in the US. Labor is very cheap in China.
I do have a Dominican front man and we think the fix is in on Customs which could save us 10% or more. Remember we are dealing with risk capital here so the worst case scenario is that we sell everything on consignment. A little more time to wait for the profit but we are in the building process at this moment.
Thanks for your interests.
Charlie