Tuesday, August 21, 2012

Losses and price adjustments

Recently there have been too many losses in either costume parts or due to damages or parts never returned. This now finally resulted in a very long overdue price increase. Most costumes are now 150 Rand to rent instead of 100 Rand.

Another recent loss was a costume that came back with large white paint spots. It looks like oil based paint. The costume itself is red and black. Whatever I do except replacing the material will ruin the material even more if I try to get rid of the stains.

What is even more annoying is that people want super cheap prices when my prices are already too low and also much lower than competitors. Last month alone my costs in damages was around 3000 Rand which means I had to rent out thirty costumes that were 100 Rand each to rent if I do not count the washing expenses just to recover that money.