pricing

[Laurie]

Hello all!

We are trying to update our prices and I went to where we have looked in the past to get an idea of how and what to charge. They have gone from charging by the stitch to by size and I don't understand why or how for that matter...

case in point we have a new design, a little over 14,000 stitches. Which at the old price scale (by the stitch) for 12 items would be $12.65 each. By the size pricing it has changed to $7.25! Does that sound right to you??? that is over a $5.00 loss on each item!! Makes no sense to me.

I was checking because we havn't changed our prices in over a year, and wanted to make sure we were remaining competive, but I don't think this is the right route to go.

What are some of the formulas that you all use to price for your embroidery?? Thanks!

Laurie [img]smile.gif[/img]

[gcannon]

I have always used the "per 1,000 stitches" scale myself- the size of the embroidery has nothing to do with it. I mean, if you have a lot of "light fill" areas, great, but if it's a "tight" file, you know "bullet proof", you could lose your butt. By the way, who is "they"?

[TinaK]

Laurie~

You might want to do a search on the forum as this topic gets brought up quite a bit. One thing you should keep in mind is that someone else's prices might not work for your business as you have different overhead then them possibly have different clients then they do even less or more heads.
You are better off figuring out what you need to make from your embroidery to cover your expenses and then go from there.

Good Luck!

[Laurie]

thanks!

I did look here and at another board I am on... also surfed teh net and saw what I could find there! [img]smile.gif[/img]

Laurie