Pricing for Tags

[James & Zelma Litzmann]

We just had a customer come to us and ask for a quote on 1 X 3 black on white tags, he would be a regular customer, he owns a business. Do you have a suggestion on what would be a good price . . . for him and for us? I know what we would charge for a name tag, but I am pretty sure he is not looking for that price?

I would really appreicate any help.

[Mike Null]

Zelma

Is there more than one line of text?
Do you have to bevel them?
Do you have to tape them?
Is he going to provide a document which will permit you to import them into the drawing without any work on your part?

[James & Zelma Litzmann]

Mike, there will sometimes be two lines sometime one, not beveled, not sure about the tape but for now let's say No tape and he will not provide a document for importing.

[James & Zelma Litzmann]

Just spoke with the customer and no tape needed.

[Ross Moshinsky]

Figure out your cost. Figure out your time. Markup the material and then charge for your time. After you get that price, go online and find 3-4 websites which are offering a similar service and see how much they're charging. If you still are lost, find out what the local competition would charge.

[Bruce Volden]

I do MANY for PEO and charge $5.50, these are bonded to a gold frame (plastic), 2 line no logo only chapters and they are very happy! They had been paying $17.50 ea. Quick and easy.

Bruce

[Tim Bateson]

Depends on volume, but I give my larger volume customers a good price break, Individually I would charge $4.50-$6.50 each. In volume to a repeat customer, maybe $2.00-$3.00 each for the same engraving - $3.00-$4.00 or more depending on how much time it takes to setup each one. If it's taking a lot of time for each, don't be afraid to charge $6-$7 each. Don't be shy about charging for your time - Better to loose the deal than work for peanuts.

[Mike Null]

Zelma

If this is potentially a high volume customer then I would charge about $3.00 but I would charge a set up fee since they are not providing a list you can import. If you advise them of a set up charge of $30-50 they will quickly check to see if there's a secretary around who can do the list in a form you can import.

I am currently doing a large order for a repeat customer of 1/2" x 1.5" one line, beveled and taped for $2.45 each and they are provided in an Excel document. For a one-time order I'd be in the $3.25 area for the same spec. (I can get about 300 tags from a $10 piece of plastic or more than $700. I do have an automatic tape dispenser)

[Tim Bateson]

...I can get about 300 tags from a $10 piece of plastic...

Mike, Where are you getting your plastic for only $10. I've been paying an average $16+shipping.

[Mike Null]

Look at IPI Laserable II from Johnson Plastics. I buy quarter sheets.

[Scott Shepherd]

I've been paying an average $16+shipping.

Rowmark Black/White, $11.75 all day long from JDS. We are an advantage customer, so I don't know if that factors in (I don't think it does).

[Mike Null]

Ten quarter sheets qualifies for AP if you're on the program with JDS.

[Michael Hunter]

I'm paying £32.20 (~$51) - plus 20% tax - for 1.5mm Romark Lasermax.

Can one of you Stateside guys send some over please?

[Scott Shepherd]

I'm paying £32.20 (~$51) - plus 20% tax - for 1.5mm Romark Lasermax.

Can one of you Stateside guys send some over please?

You could buy it a plane ticket for that price. Holy cow, that's expensive.

[James & Zelma Litzmann]

Thank you all so much for all the input, it helped, at least we knew about where to start. Customer called this morning and we now have his business. I am very excited about this, thanks again, you guys are GREAT!

[Joe Kace]

The best prices I have found for engraveable plastic is Main Trophy Supply in Illinois. Laserables 2 for $9.76 a quarter sheet Laserables $12.60 a sheet to name a few I use. I hope this doesn't get flagged, I have no affiliation with this company.

Joe

[Mike Null]

Joe

Aren't you next door to the JP warehouse? You could save shipping.

[Joe Kace]

Main trophy and JP are both next to me 10 miles apart. JP prices are higher but I use them as backup when MTS is out. I pick up all my supplies, I don't have anything shipped.