Question 3: Are prices for your athletic clothes wholesale or retail and what are your suggested markup margins for those who want to sell CajuBrasil branded fitness wear?
Team CajuBrasil Fitness.
Right: Renata Barbosa (Export Director)
Left: Vinicius Escobar (Executive Representative)
Thales: And we’re moving on to question number three. And the question is, are prices for your athletic clothes wholesale or retail, and what are your suggested markup margins for those who want to sell CajuBrasil branded fitness wear? So basically the question is, how much more should I mark up the price if I buy from you, for example, if it costs me the buyer $20 wholesale, what price point do you recommend?
Renata: Yes, we provide a suggested price list for our wholesale customers and it’s between 2.2, 2.3 or 2.5 depending on the country they belong to.
Thales: Okay. Very good. Very fair. So everybody, you’ve heard that – 2 to 2.5. So let’s say a $20 item would be a $60 plus $70 dollar item. So you can see there’s a good profit there for all of you, okay, great. Thank you. Thank you for that.
