 Re: What is your average profit margin per shirt?
There is also GROSS profit and NET profit. GROSS PROFIT is basically what it costs to produce the shirt minus what you get paid for it. NET profit is after all other expenses to produce the shirt are factored in, overhead, cost of labor, etc. At Retail, your basic price per shirt should be the same regardless of venue sold at.
We sell our retail shirts in various venues with costs of those venues varying widely, as well as, on our website. My GROSS profit on each shirt is the same, however, my NET profit varys depending on each venue.
Wholesale and custom orders will vary depending on complexity of design, number and style of garments, but still have some structure so customers who share information see continuity in how you charge. |