Co-Marketing My Designs
I have been approached by someone who wants to market horse-themed jewelry and she wants me to design and make the pieces. She will then sell them at horse shows and through on-line marketing. I am trying to decide on the best business agreement and am looking for recommendations. The only two ideas I have come up with so far are:
1) Sell the finished pieces directly to her at my wholesale cost, then she sells them retail and retains the profit.
2) Set up a consignment arrangement and split the sales (not sure what percentage...the stores I consign with take 40%), but if they don't sell, I am stuck with horse-themed inventory that probably wouldn't sell well in my market.
Any other ideas?
Thanks so much for your input!
Island Girl Expressions