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enquirer · February 27th, 2008

What is the average net profit per shirt? I'm trying to figure out my pricing. Also, do you expect to get a higher profit margin for vinyl, etc. depending on the method. Some processes are more labor intensive.

charles95405 · February 27th, 2008

can't give specifics...but if I don't double my cost...don't want to do it..so figure you cost...then double s a start

badalou · February 27th, 2008

Sit down and figure what your time is worth per hour. Then figure out the cost of the item you are doing. Do not leave out other factors. Like runing your business. You have operating cost above the cost of the sale. get a handle on those because if you don't then you will think you made money but after deducting the other cost it can shrink... And Charles is right double is a starting point..

VirtualIsland · February 27th, 2008

Alright: I dont like you $50.00 ! You are annoying me $100.00. I want a new car $50.00! he he he .I would start at the cost of the shirts ,supplies,electricty so so on.Alot goes into 1 shirt.

paulo · February 27th, 2008

We go at least 2.5x up to 4x, maybe even more depending on demand.

bastardnfriends · February 27th, 2008

Yep, I definitely agree as well. If you're not doubling your cost of how much it took to make the shirt then don't even attempt to sell it.

Colorfast · February 27th, 2008

Quote:

Originally Posted by VirtualIsland


	Alright: I dont like you $50.00 ! You are annoying me $100.00. I want a new car $50.00! he he he .I would start at the cost of the shirts ,supplies,electricty so so on.Alot goes into 1 shirt.

Totally agree with that...I am working on my first sale now and had quoted 3X my cost. Now the customer (niece) wants a front and back print. I also spent about a hour designing the t-shirt. She gave me a verbal discription of her "idea" and after 2 revisions I believe she is happy. Even though my costs went up b/c of the front and back print I will charge her the same price. I am learning a lot from her regarding how "picky" people can be. Also she is in college and if her friends like the t-shirt I could sell more.

I will not be so quick to quote before getting the details and thinking it through

Leatherneck · February 27th, 2008

Quote:

Originally Posted by bastardnfriends


	Yep, I definitely agree as well. If you're not doubling your cost of how much it took to make the shirt then don't even attempt to sell it.

i agree totally. 2 to 3 times your cost is what i charge as well.

enquirer · February 27th, 2008

Thanks for your input. That really helps.

treadhead · February 27th, 2008

Ok..quick question..

When you guys are saying 2X to 3'X your costs...are you referring to material costs or are you factoring in your time & overhead into this??

Just want to establish a reference point for "cost" as I've heard it done both ways.....

paulo · February 27th, 2008

I guess the amount whether is 2x 3x 4x or whatever will depend on what you are trying to do.

Retail vs Wholesale.

Of course with retail you would be able to pad your cost, but at wholesale your revenue will be less because you will have to give a good amount for the retailer to at least make some money.

ivancuriel · February 27th, 2008

I am a bit confused as to what exactly to double or triple. your profits earned or the overall cost?

For example.

your cost: 2 dollars

would that mean 4 dollars in profit or just an additional 2 dollars?

cmyk · February 28th, 2008

Quote:

Originally Posted by ivancuriel


	I am a bit confused as to what exactly to double or triple. your profits earned or the overall cost? For example. your cost: 2 dollars would that mean 4 dollars in profit or just an additional 2 dollars?

if the cost is 2 dollars, and you aplly 2x , then the 4 means the final price, so the profit would be 2 dollars.
at least this is how i do it.

ino · February 28th, 2008

I thinks these ratios of profits are only good for short runs. With large runs the profit margins would be much smaller, unless of course you are a VERSACE, HUGO BOSS etc.

bastardnfriends · February 28th, 2008

hey ivancuriel...the above 2 posts is correct. If the total cost for the shirt is 2 bucks then charge $4. That way, you cover the cost of the shirt which is $2 so that you can repurchase it again and then pocketing the extra $2.