What is your average profit margin per shirt? [t-shirt printers]
Go to Page...
This section of the forum is for discussing the business and finance issues of the t-shirt industry. Which business structure to use (sole proprietor, LLC, S Corp, etc), how to handle billing, where to register your business and get the proper licensing, etc.
What is your average profit margin per shirt? [t-shirt printers]
Wow, nice! A customer base of 50,000, and little to no competition. Seize the market, Tim.
I do have competition and they've been around for a long time. I think one for 20+ years, one for 18 and one for 15. There's a lot of loyalty in my town and sometimes you just can't get them to break. I've also found that if someone is ready to order and you show up and the right time, they don't care who has done shirts for them in the past. Too bad I can't be in the right place a the right time every time.
__________________
Hard labor kills, make t-shirts instead.
Quick question about SanMar. Online they have three price "tiers". Using their online ordering system you cannot get case pricing until you purchase a certain number. I typically fall in the "dozen" pricing tier by purchasing 6 or more of something. Case quantities on items are all over the map from 24 to 144. I buy via credit card and by purchasing online I save the 3% uplift I would pay if I call the order in.
Tim, are you saying I can call SanMar and ask for a quantity of any amount and ask for case pricing and they will give it? Depending on size of my order it might be worth me paying the 3% credit card fee if I call and get case pricing for all items. I was not aware that this is an option and I just had a long talk with them yesterday. Of course I didn't ask that question specifically.
If you all think SanMar will give case pricing regardless of quantity I will call in my order next time Let me know your thoughts...
And, I price shop for larger orders and SanMar seems to be the best pricing. I find their selection is not as young and hip as some other vendors, but on the basics SanMar rocks.
If you outsource you can charge 20% above your cost for wholesale and up to 100% for retail. Talk to a local screen printing and work that way, as a broker. He might even cut you a better deal if you bring him a lot of biz. A good sales person in this biz in SoCal can sell $100,000/month gross or more.
Tim, are you saying I can call SanMar and ask for a quantity of any amount and ask for case pricing and they will give it? Depending on size of my order it might be worth me paying the 3% credit card fee if I call and get case pricing for all items. I was not aware that this is an option and I just had a long talk with them yesterday. Of course I didn't ask that question specifically.
If you all think SanMar will give case pricing regardless of quantity I will call in my order next time Let me know your thoughts...
And, I price shop for larger orders and SanMar seems to be the best pricing. I find their selection is not as young and hip as some other vendors, but on the basics SanMar rocks.
No I'm saying that they have given me case pricing on everything that I've ordered since I became a member. TSC Apparel beats them at times, and they give case pricing as well. I never had to ask either company, they just signed me up for it. I can order 1 piece or a hundred and get the same price.
__________________
Hard labor kills, make t-shirts instead.
Depending on size of my order it might be worth me paying the 3% credit card fee if I call and get case pricing for all items. I was not aware that this is an option and I just had a long talk with them yesterday. Of course I didn't ask that question specifically.
Alphashirt didn't tell me about it Stuff, I learned that on the forum, just like you just did. Now that you know some wholesalers will, why not just ask them when you are ready for your next order? You have nothing to lose, and nothing ventured nothing gained.
This last order was my first time asking for it, I felt nervous, but she (alpha csr) was really friendly and didn't skip a beat about it.
I said, "wow, great, can I do that online, too?" She said, not online, she has to adjust the price manually for me so just call 'em in. Easy enough, I saved alot of money just by asking. Thank you, TSF!
Does anyone know where to find a spreadsheet to calculate a pricing table? I'm trying to figure out how much to charge per color per quantity on my print price list, and I am having trouble coming up with a formula. I have my data regarding how many 1 color prints, 2 color, 3 color, etc. that I can print in 1 hour, I just need to find a spreadsheet to plug the numbers in. I also have my overhead expenses, setup time, cleaning time, etc. but I am racking my brain trying to make a spreadsheet. I made my original pricing guide based on my competitors prices, but I'm not doing the volume they are, and I'm a 1 man operation, so working 70+ hours a week printing few shirts is killing me.
Try microsoft excel. I remember making spreadsheets for stocks back in high school using that. It's been a while now, so I wouldn't be able to tell you how.
I will try and find a free online pricing calculator I got a few months ago. I think it's one of the best tools out there for pricing. It's just a basic excel spreadsheet with pre-set calculations. You plug in your variables and you get instant quotes on several brackets, i.e. 12pcs, 49pcs, 72pcs, 200pcs and so on.
GREAT!
I no longer give quotes over the phone, in my shop, in the street, nowhere before consulting my calculator.
I print a sheet out for my customers so they can see the economics of upping their volume to reach a better bracket. I havent printed less than 24 shirts in two months, maybe except a couple of times.
I only screen print, so my set up and clean up can get extensive.
Doubling your costs rarely works, even if you just do hand to hand retail. Especially if your volume isnt high.
You'll always end up having more costs and overhead than you may think.
I like to 3x or 4x my cost of goods for a good basing point.
Most people forget that their LABOR is a COST. You cannot just live off of profit, that is for the business.
__________________
DTG contract printing - www.funkyoaktree.com - Lights and Darks.
Fulfillment printing with dropshipping - outsource the printing, not the business
i`m just starting up but i`m working on the cost of the tee, the cost of the media and how long it takes x2.5
eg. £2 tee. £1 to print. £2 for 15 minutes =£12.50 per tee
I will try and find a free online pricing calculator I got a few months ago. I think it's one of the best tools out there for pricing. It's just a basic excel spreadsheet with pre-set calculations. You plug in your variables and you get instant quotes on several brackets, i.e. 12pcs, 49pcs, 72pcs, 200pcs and so on.
GREAT!
I no longer give quotes over the phone, in my shop, in the street, nowhere before consulting my calculator.
I print a sheet out for my customers so they can see the economics of upping their volume to reach a better bracket. I havent printed less than 24 shirts in two months, maybe except a couple of times.
I only screen print, so my set up and clean up can get extensive.
This is a discussion about What is your average profit margin per shirt? [t-shirt printers] that was posted in the Business and Finance section of the forums.
Re: What is your average profit margin per shirt? 
Let me know your thoughts...
