A buyer negotiates with manufacturer Flora on crochet hat orders. The standard minimum is 500 units per color at $4 each, but Flora agrees to 300 units for $4.50 each with a 10% markup. Hand-made hats take one to two weeks depending on whether yarn needs dyeing.
What is the minimum order quantity for something like this?
500 each color, each style.
500 each color, each style. And how do you guys make this?
By hand.
Everything here is made by hand?
Uh, some, some of the stuff by machine, some by machine and hand together.
Okay, this one is all by hand?
Yeah, yeah, yeah. 100% by hand.
Okay, and so MOQ is 500. Would you be able to do 300 units?
Yeah, yeah, yeah.
You could do 300?
Yeah, yeah. The price would be 10% increased. So how much would the price be for 500?
Around $4. And then for 300? 300, yeah, 10% more. So maybe $4.50, something like that. Okay, amazing. And so how long would it take to make a sample of something like this?
Normally we have the ready-made yarn, maybe 1 week.
1 week?
Yeah. If we dye yarn first, maybe 2 weeks.
2 weeks?
Yeah.
Do you have a name card?
Yeah.
Flora.
