Are you struggling to price your products effectively?
Do you have no idea where to start?
My cost and pricing calculator is the perfect document to help you price your products and ensure you are getting a profit within the industry standard for clothing brands.
It is an Excel document where all you need to do is input your numbers and the margin calculator will help you determine what the best price for your garment is. I have also included little pointers to help you in case you get lost.
The document included a simplified Excel tab for those manufacturing with a full package production manufacturer and a detailed Excel tab for those manufacturing with a cut. make, trim manufacturer.
Understanding your costs as soon as possible will benefit your brand enormously moving forward! It will help you recognise if your initial cost to manufacture is too high and the earlier you recognise this, the more time you have to pivot.
Good luck :)
Cost & Pricing Calculator
The cost and pricing calculator is in an Excel format and best opened in Microsoft Excel. It can also be opened in the following:
- Google sheets
- Numbers (apple)
Yes, you can watch the cost and pricing strategy video here. It has all the information you will need to price your products effectively.