Well, spending that money didn’t take long. A long-postponed Panther cap reorder left me enough money to bring in just one new product. I’ve had many requests over the years for lighted visors, and Panther doesn’t ordinarily sell them wholesale, so this one has to be money in the bank. I won't sell a lot of visors, but they should be steady.
I could easily
drop another $1,000 on reorders and $2,500 on new items right now. Since my
open-to-buy is now hovering around $600, I’m back in my old familiar holding
pattern – I can easily blow $600 in 10 minutes. On the plus side, I have sold
bags, which isn’t too shabby for a new product. I was starting to worry about
sales really took off when I revived the First Class Package International service
option. I had discontinued it years ago because USPS didn’t offer package
tracking with that service. However, as of January they started offering
tracking for shipments to Canada, and that was supposed to roll out to
something like 40 other countries this month. On the downside, the weight limit
was cut from 4 pounds to one and the rates went up.
As of this week, the 4-pound weight limit was still in force and tracking was not
available on packages sent to India and Australia. Should I disable the option
again? Shipping untraceable packages is asking for trouble…but a few extra
sales each week are hard to turn away. I shall continue to offer it until I
lose a package or the USPS follows through on its “advertised” service
change. “Advertised” is in ironic quotes
because I got that from the Endicia newsletter at the beginning of the year. I
suppose that you don’t have to tell anybody your plans changed if you don’t
announce them to begin with.
think I’m going to get much done today, what with Boston and environs
completely locked down while an intense manhunt for the surviving Marathon
bomber goes on. I’m comfortably out of the way here in Braintree, but it’s hard
to pay attention to anything else. I sure do hope they will snag that kid this
afternoon…preferably alive, so that we can get some answers, although I expect
that he will go out in a blaze of glory.
Welcome to Curious Business
Every Friday, I post a small insight into running Curio City and/or Blue Hills Editorial Services. My most recent posts are directly below. You can also start with the first post, or use the subject labels to the right to home in on particular topics. Feel free to comment on anything that interests you.