- Original Poster
- #1
Hi,
I'll be starting a company later this year which will operate on-line only.
The products will be race clothing, so fireproof overalls,gloves , boots etc.
It's difficult to judge how quickly the goods will turnover, and they seem very expensive at other retailers compared to the prices I can buy at.
Is this a case of a very slow turnover within the industry, so the prices are higher ?
The goods have new standards set every 5 or so years by the racing governing body, and development is expensive.
My worry is that if I price the goods too low, there will be a massive initial rush, then nothing at all!
Most drivers will have one set of clothing which is replaced only when the existing regulations are superceded or the item gets damaged.
I'll be starting a company later this year which will operate on-line only.
The products will be race clothing, so fireproof overalls,gloves , boots etc.
It's difficult to judge how quickly the goods will turnover, and they seem very expensive at other retailers compared to the prices I can buy at.
Is this a case of a very slow turnover within the industry, so the prices are higher ?
The goods have new standards set every 5 or so years by the racing governing body, and development is expensive.
My worry is that if I price the goods too low, there will be a massive initial rush, then nothing at all!
Most drivers will have one set of clothing which is replaced only when the existing regulations are superceded or the item gets damaged.
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