'Pricing your product for profit is usually what makes or breaks your business. No matter how great your idea is unless you know how to make it at a cost and sell at a profit, you will soon run out of cash. Learn the main 2 sales channels and the method by which you can price your goods so you ensure you stay in the black. Resource mentioned in the video: Cost to Sale Price Calculator, use for free: https://fashioninsiders.outgrow.us/cost-to-make-calculator SUBSCRIBE to grow your fashion business. Also, read on our blog related topics: 1) 11 ways to screen fashion factories before working with them- https://fashioninsiders.co/toolkit/top-tips/11-ways-screen-fashion-factories/ 2) Cut Make and Trim (CMT) vs Fully Factored (FF) Fashion Manufacturing- https://fashioninsiders.co/toolkit/business-basics/cmt-manufacturing-fully-factored-manufacturing/ 3) Offshore manufacturing vs local manufacturing: What is the right manufacturing location for your brand? https://fashioninsiders.co/toolkit/business-basics/offshore-manufacturing-local-manufacturing-pros-cons/ About Fashion Insiders and Co.: Fashion Insiders and Co. is a fashion business education and support platform where Co. stands for Community. The founder, Dessy Tsolova has many years of experience in Fashion Manufacturing particularly and endeavours to share her knowledge with fashion start-ups as the fashion industry can seem a bit daunting and less accommodating to newcomers because of the vast competition. For the wish of promoting transparency in its working Fashion Insiders also compiles and drops a series of training videos, online courses and 1-1 clients coaching throughout the year for fashionpreneurs to get to their goals. Follow us on Instagram for updates for the same and to go our blog for more content. Fashion Insiders & Co.: https://fashioninsiders.co/ Instagram: https://www.instagram.com/fashioninsidersco/ E-mail us to find out how we can help your business: [email protected]'
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