Don't hate me because I'm beautiful. Nearly every customer that comes in brings a screen printed shirt from their last supplier to show the awful job. Cracking, fading, and ink that comes out in the wash. I know they got a cheap price on it and they thought they were getting a good deal.
We give an unconditional guarantee on our products. If they don't like it we will buy it back or do it again at our cost.
We don't charge screen, setup or art fees. I was just giving the OP a sample of what he could do. We charge an 'out the door' price that is all inclusive. It is the same effect but from a marketing standpoint it beats the competition. Our prices are lower on some items and higher on others than our competition but we are a full service shop so one stop shopping counts for something.
Need more information? Here you go:
Most businesses never gross $1 Million a year, 95% or more never get there. In this business after cost of goods, fixed costs, and salaries (including yours) you should have about $350K left in cash after that million.
There are 260 days in the year for working on a 40 hour week, 8 hours a day.
Here is what you need to sell to make that Mil.
Now if you break it down by piece here is what you need to do
$50 Per Each - Monthly: 1,667, Daily: 77, Hourly: 10
$30 Per Each - Monthly: 2,778, Daily: 128, Hourly: 16
$20 Per Each - Monthly: 4,167, Daily: 192, Hourly: 24
$10 Per Each - Monthly: 8,333, Daily: 385, Hourly: 48
$5 Per Each - Monthly: 16,667, Daily: 769, Hourly: 96
Now that you know the price per each to make a million here is your average order size to do the same.
$5,000 Per Order – Monthly: 16.67, Daily: 0.77, Hourly: 0.10
$2,500 Per Order – Monthly: 33.33, Daily: 1.54, Hourly: 0.19
$1,000 Per Order – Monthly: 83.33, Daily: 3.85, Hourly: 0.48
$500 Per Order – Monthly: 166.67, Daily: 7.69, Hourly: 0.96
$200 Per Order – Monthly: 416.67, Daily: 19.23, Hourly: 2.40
$100 Per Order – Monthly: 833.33, Daily: 38.46, Hourly: 4.81
$50 Per Order – Monthly: 1,666.67, Daily: 76.92, Hourly: 9.62
As you can see not only is having a price per each higher bettor for you but also having an average order size larger. Each single order comes with a lot of issues and cutting down the number of orders is as important as increasing the price of the average item sold.