An electronics component selling company asked me to design a kit for them to sell.
They sell all the components and would just bag up the kits and stick in instructions and sell it. No work on my end, but the product would have my brand name on them.
What percentage of the profit should I ask for?
After the COGS, what should I take of the profit? 50/50? 70/30? etc?
What would this be called? Licensing? Sort of drop-shipping?
They sell all the components and would just bag up the kits and stick in instructions and sell it. No work on my end, but the product would have my brand name on them.
What percentage of the profit should I ask for?
After the COGS, what should I take of the profit? 50/50? 70/30? etc?
What would this be called? Licensing? Sort of drop-shipping?
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