How Should We Celebrate Tiki Central's 20th Anniversary? - General Tiki

S Sandbartender Grand Member (1 year) The North Coast Joined: Oct 02, 2018 Posts: 282	S Sandbartender Posted posted on Thu, Oct 10, 2019 5:15 PM On 2019-10-10 13:58, MadDogMike wrote: I did a little catch up on the thread today and have a couple comments... Funding is going to be the biggest problem that I see. Take swizzles for example. 50 people at $50 each would give them each 200 swizzles and not leave any for someone who only wanted 10 or 20. Does this make idea sense? You sell 50 shares at $50 each to make the $2500 production costs. You sell swizzles in packs of 10 or 25 at slightly more that cost. At the end of a pre-determined sales period, each of the share holders gets 2% (1/50th) of the proceeds and 2% of unsold swizzles. At worst, that are committed to $50 and 200 swizzles. A more reasonable expectation is that they get $25 back and 100 swizzles or $33 back and 60 swizzles (approximate math) I sense some frustration that we don't have a leader and cohesive plan. Hamo had a great idea but I think he's pretty busy right now. I am willing to help organize but like most of us, I have some time constraints too. I think this will require multiple people, all of whom will have a part. Bolding mine. In this particular case we're dealing with a MINIMUM ceiling, not a maximum. That being 10000 units. I have some experience in ordering custom goods for niche groups, and in global shipping of said goods. What I would suggest is that, for the swizzles in particular, we have an "Open Merch Window" of a set period of time, maybe 2 weeks, just as an example. Say that we have a minimum of 50units (or ~$12.50 US base price, adjusted for currency and paypal fees) for an order- with the understanding that shipping will be charged after the fact when packing and postage is finally calculated, just to make sure we're not posting ONE swizzle stick across the world or something silly like that. LOL People who opt in can send their paypal cash to the person in charge (or people if two-three members would like to help defray the initial cost, but ONE person makes for just the right number of chefs in the kitchen IMO). They then post in the thread with their transaction ID#, and then when we hit critical mass and the window closes the order goes in.* My other group that does a lot of merchandising is a 501(c) 3 with VERY specific rules about anyone profiting from merchandise, so in that group we account to basically $0.01/unit. We obviously don't have to do that here, so the person undertaking this for the group could and probably SHOULD pad each order by a buck or so to make up for the significant investment in time and sanity that these sorts of undertakings require. *should we NOT hit the 10k order point then a few members might want to consider upping their numbers, or worst case, people get refunded. Paypal is awesome for this sort of thing. Just my $0.02, which buys less and less every day. [ Edited by: Sandbartender 2019-10-10 17:27 ]

On 2019-10-10 13:58, MadDogMike wrote:
I did a little catch up on the thread today and have a couple comments...

Funding is going to be the biggest problem that I see. Take swizzles for example. 50 people at $50 each would give them each 200 swizzles and not leave any for someone who only wanted 10 or 20. Does this make idea sense? You sell 50 shares at $50 each to make the $2500 production costs. You sell swizzles in packs of 10 or 25 at slightly more that cost. At the end of a pre-determined sales period, each of the share holders gets 2% (1/50th) of the proceeds and 2% of unsold swizzles. At worst, that are committed to $50 and 200 swizzles. A more reasonable expectation is that they get $25 back and 100 swizzles or $33 back and 60 swizzles (approximate math)

I sense some frustration that we don't have a leader and cohesive plan. Hamo had a great idea but I think he's pretty busy right now. I am willing to help organize but like most of us, I have some time constraints too. I think this will require multiple people, all of whom will have a part.

Bolding mine. In this particular case we're dealing with a MINIMUM ceiling, not a maximum. That being 10000 units.
I have some experience in ordering custom goods for niche groups, and in global shipping of said goods.

What I would suggest is that, for the swizzles in particular, we have an "Open Merch Window" of a set period of time, maybe 2 weeks, just as an example.

Say that we have a minimum of 50units (or ~$12.50 US base price, adjusted for currency and paypal fees) for an order- with the understanding that shipping will be charged after the fact when packing and postage is finally calculated, just to make sure we're not posting ONE swizzle stick across the world or something silly like that. LOL

People who opt in can send their paypal cash to the person in charge (or people if two-three members would like to help defray the initial cost, but ONE person makes for
just the right number of chefs in the kitchen IMO). They then post in the thread with their transaction ID#, and then when we hit critical mass and the window closes the order goes in.***

My other group that does a lot of merchandising is a 501(c) 3 with VERY specific rules about anyone profiting from merchandise, so in that group we account to basically $0.01/unit. We obviously don't have to do that here, so the person undertaking this for the group could and probably SHOULD pad each order by a buck or so to make up for the significant investment in time and sanity that these sorts of undertakings require.

***should we NOT hit the 10k order point then a few members might want to consider upping their numbers, or worst case, people get refunded. Paypal is awesome for this sort of thing.

Just my $0.02, which buys less and less every day.

[ Edited by: Sandbartender 2019-10-10 17:27 ]

Post #797959 by Sandbartender on Thu, Oct 10, 2019 5:15 PM