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What NOT to do???????????

1162 Views 6 Replies 6 Participants Last post by  ryan barker
Need good advice revolving in the tshirt industry...what NOT to do when own a tshirt brand? anything to cancel out or discontinue or not get involved in?
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Under price your work, guilty right here

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Under price your work, guilty right here

Sent from my SPH-D710 using T-Shirt Forums
How did you originally base your price? Is there a formula of sorts?
@nikko I believe the formula for most t-shirt sellers is as follows:

Wholesale price: tee cost x 2
Retails price: wholesale price x 2

If you don't EVER intend on doing wholesale selling just make the RRP the wholesale price.

I personally haven't used this model as we give a large portion of our profits to charity so we've had to price differently.

Regards,
Jason S
ask five people their 'formula' on pricing and you'll get five different answers. obviously you need to know your costs, or at least a good ballpark figure. then, what is the competition charging? that's not to say you need to be charging the same or lower, just that charging twice as much as a comparable item probably won't get you very far in most cases. imo, it seems easier to charge for a brand than for a service with tons of variables that competition and customers add. those formulas mentioned mean nothing when charging for a brand shirt (sorry, guys) ~ charge what your market will bear given the kind of customer you have and their expectations of price, quality and service. if that fits into some kind of magic industry formula for a brand, i've yet to hear two people agree on it. if you were offering printing services, a lot depends upon the vagaries of the design, method, shirt (style, brand, size, and colour) and quantity, so again, the formula isn't exactly rock solid in every situation.

so, that's where i think you start, with your production costs and a good idea of what your direct competition is doing and their prices (this assumes the market you're aiming for is roughly the same).

i would say one thing not to do for your brand is go in under-funded. so many people have a brand that they think will sell 100 shirts a week just by having a free or super-cheap website linked to a facebook account. no one ever wants to pay for a professional web developer, facebook ads, seo or anything. but, you know what? those are some keys to selling stuff on the web right there, and as far as i can determine, it still takes money to make money. what, does everyone think the internet has gone soft on capitalism? lol. a poorly made youtube video is likely to do as much harm as good, eh?

something else not to do is assume you don't have to do any market research. some can get away with it more than others, but generally it's a durn good idea.

must my opinion, but don't give your customer any other impression other than you're doing just as good as you want to be doing. don't give them the idea that you're anything less than a consummate professional as evidenced in your web site, product, about us section, facebook/twitter/whatever, etc.. 15 typos on your landing page and i'm not even going to bother looking at the rest....

don't have sales on every single item you offer. all that tells me is you're slowly going out of business and are desperate. a discount for liking you on facebook if they enter some kind of code is fine, or a sale on retired designs or close-out stock is cool, just don't give the impression that you're low-balling yourself across the board. i then begin to think you're having a total liquidation sale.
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Good post Ryan Barker. Lots of good insights there. One thing that i like to do is always use the word "we" instead of "i" when i talk about my company. I mean i do everything but i like to make it sound like theres a team of us when i talk to new people.
thanks, cs, and i'm not totally opposed to using 'we,' because in my case it's my wife and i. in your case, it's a little white lie, but not too bad, lol. it's the little brand guy that says 'our experienced art department' lie when you know it's just one dude and maybe someone else that rather galls me because you can just determine from context how big most operations are. so there's no reason to flat-out, bald-facedly lie about the size of your company, but that's not to say you willingly offer evidence that may contain negative connotations to a customer, either. some might argue that's lying by omission, but is it really? i mean, my day job doesn't go around and advertise, 'people here hate their work experience!' most sites that honestly *do* have an art department are only more than willing to provide pictures of their happy workers diligently progressing on an important project, taking time only to smile for the camera. otherwise, i think it's assumed the art department, production line, accounting department, sales force and management team are all the same stressed out and over-worked dude or two. :)
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