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ThexArm
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Hi Rach, It is normal to feel overwhelmed when you are planning to start a venture. It is good thing that you already have supplier sorted out.

If I were you, I would get some samples and find out the quality of the product and compare that with any similar products available in the market here. When you order samples get them to give you the best price that the could do.

Take that price and add all the costs such as freight, transport, customs, insurance etc and arrive at the cost into your warehouse. Then estimate the costs for admin and selling, warehousing etc to arrive at the total costs. Look at the margins you want to make to find out the price you want to offer your product in the market. Compare that with what is being offered in the market. Again you need to think whether you want to retail or wholesale. If retail, who would be your customers? If wholesale then who would be your customers? Talk to couple of these guys about your product. Is it still feasible to going any further? If it is then congratulations! It takes a lot of work to get there though.

It is important to research the market before placing the order. Getting the products into your warehouse is not hard but getting them out of your warehouse and into the market and in the hands of a customer is the hardest thing.

Good luck.