Flea Markets Prices

Business focuses much on price making so as to enable one to know her profit and loss as well. Pricing clothes in Flea Market is the very issue that wonders every business women of today in Bulawayo. Pricing depends on the quality of clothes.

clothes: price labels. pic by patie

Business women consider price making as important in business because the focus is on how successful is your business. Pricing structure is used to help women manage their businesses. In Flea markets the business women are the ones who set the prices of their goods without being controlled by the government. There is no government intervention in their price making. The market sets its own prices that involves every individual in the market to follow it

The business women sit down and agree on certain price that will apply in all the flea market stalls. This is called "free market economy" type of market. 

Price labels are the guiding tags which help both the customer and business women. Price labels may be in form of cards that are written the price of certain goods and usually it is pinned to it. This help customers to be aware of ranging prices in Flea Markets.

Pricing of clothes is usually determined buy the buying stock price. Sometimes clothes may be doubled of their stock prices to help business women gain profit. For example if the stocking price of  winter boots  was R100 the selling price will be US $20 or $15 dollars depending on the negotiations.

People like buying in Flea Markets because negotiations apply. The seller is can reduce the price of her clothes or some goods with 10% or less in order to attract more customers. This in a way does not reduce profit making.

Credit usually does not apply because in most cases it is seen as contributing to profit loss. Also that people buying in Flea Markets are the people who would be on their journey and unknown buy the seller. This means that there are know buying accounts in Flea Markets like in those big shops.

What is important is that every business women in flea market should agree to certain prices set within their businesses.

Bulawayo women in business of today prefer selling their clothes in dollars even though they accept foreign currency, but their pricing currency is rated in dollars.