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    Negotiating Your Way to Success in the Apparel Business

    enSeptember 08, 2023

    About this Episode

    Negotiating Your Way to Success in the Apparel Business

    In this episode, Rachel steps into the fascinating world of apparel costing and negotiation in the apparel business. Get ready to gain valuable insights and practical strategies to navigate the complex apparel industry successfully. We will guide you through the essentials of apparel costing, revealing the hidden elements that constitute the cost of a garment - from materials and trims to production time - to ensure you never find yourself in the dark again.

     

    In the second half of our discussion, we dive into the art of cost negotiation with manufacturers and the critical role of building robust relationships. We will equip you with the strategies you need to secure the best prices for your products. We'll also share with you what to do if the factory doesn't readily provide a cost breakdown sheet and how to apply your newly acquired skills in budgeting, retail pricing, and negotiation to your advantage.



    In this episode, you’ll hear:

    -The importance of asking for a Cost Breakdown Sheet (CBD) from your factory.

    -What to expect average costs to be and remember…numbers don’t lie!

    -The key points in negotiation.

    -How to work with target costs instead of a CBD and advice on how to handle your factory costs not being met.

    -It’s all about building relationships.

     

    We can’t wait to hear what you think of this episode!

     

    Like, comment & subscribe to Rachel's channel here: https://www.youtube.com/@unmarkedstreet/videos

    And learn more at:

    https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with her:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

    Recent Episodes from The Business of Apparel

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    In this episode, you’ll hear:

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    We can’t wait to hear what you think of this episode!

     

    Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course

     

    Like, comment & subscribe to my channel here: 

    https://www.youtube.com/@unmarkedstreet/

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

     

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    Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

     

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
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    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
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    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

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    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

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    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

     

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    Connect with Kelly:

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    Instagram: https://www.instagram.com/kellyroachofficial/?hl=en

    LinkedIn: https://www.linkedin.com/in/kellyroachint/

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    Twitter: https://x.com/kellyroachlive?s=20

    Youtube: https://www.youtube.com/c/kellyroach

    Podcast: https://podcasts.apple.com/us/podcast/the-kelly-roach-show/id1052353755

     

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    Sign up for the FREE workshop: https://www.thebusinessofapparel.com/freeworkshop

     

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    We can’t wait to hear what you think of this episode!

     

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

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    Sign up for the FREE workshop: https://www.thebusinessofapparel.com/freeworkshop

     

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    Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course

     

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

     

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
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    Leslie is the Founder and CEO of Hypnosis for Permanent Weight Loss, an international health coaching program for people seeking mental freedom from food, body, and weight, and is a leading expert in the holistic health space. Leslie is an NLP Trainer, Hypnotist, & certified coach, who has helped 100's of people around the world - overcome the mental obsession with food, body, and weight for good!



    In this episode, you’ll hear:

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    -Size numbers mean nothing!

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    -The process behind learning to transform your thoughts through hypnosis.

     

    We can’t wait to hear what you think of this episode!

     

    Connect with Leslie: https://hpwl.co/

    Leslie’s Instagram: https://www.instagram.com/lesliemthornton/

     

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

     

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

    The Business of Apparel Podcast Series: Numbers Don’t Lie!

    The Business of Apparel Podcast Series: Numbers Don’t Lie!

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    We then discuss actionable strategies to increase profitability, from renegotiating with factories to selecting more cost-effective materials, and even adjusting retail prices when necessary. Grasp the intricacies of direct-to-consumer and wholesale margins, and learn how calculating profit margins with both retail price and landed cost in mind is a fundamental driver for growth and financial independence. This conversation is tailored to empower you with the tools and knowledge to help you grow a profitable apparel business.

     

    Sign up for the FREE workshop: https://www.thebusinessofapparel.com/freeworkshop

     

    In this episode, you’ll hear:

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    We can’t wait to hear what you think of this episode!

    Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course

     

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

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    Tailoring Success Outside of the 9 to 5 with Debra Boulanger

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    Listen in as we explore the mindset shifts essential for budding entrepreneurs, tackling fears and overcoming the scarcity mindset that often accompanies this transition. We dissect the realities of replacing a corporate salary, discuss financial strategies for growth, and celebrate the success stories emerging from Deb’s accelerator program. 

    Deb Boulanger is the Founder of the Launch Lab for Women Entrepreneurs and the Great Do-Over. She is also the amazing host of the Life After Corporate Podcast. With 27 years of experience in launching services, she has dedicated her career to closing the revenue gap for women founders.

     

    In this episode, you’ll hear:

    -Characteristics to notice within yourself before you begin your entrepreneurial journey.

    -Leveraging corporate experience, the importance of hiring a coach and building a community.

    -The value of market research and what to expect early on in your journey.

    -Tips for paying yourself and learn where your profits should be!

     

    We can’t wait to hear what you think of this episode!

     

    You can learn more about Deb at her website: https://thegreatdoover.com/

    You can also follow her @deb_boulanger on Instagram or on LinkedIn:

    https://www.linkedin.com/in/debboulanger-thegreatdo-over/

    ---------------------------------------------------------------------------------------------------

     

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/

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    The Business of Apparel Podcast Series: All About Sourcing

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    Embark on a journey of financial savvy and strategic sourcing as we tackle the challenges of funding a startup and the allure of low MOQs.. Discover how side hustles can be more than just income diversifiers—they can be the lifeline for your brand's inception and growth. We're not just sharing experiences here; we're equipping you with actionable strategies and highlighting invaluable resources to ensure you can forge ahead with confidence in your manufacturing choices and sustainable practices. 

    To wrap up, we delve into the ethical and practical facets of manufacturing that can define or derail your brand's legacy. Learn how to establish a robust relationship with your factory, ensure your products are ethically sourced, and maintain that crucial balance between cost and quality. 

     

    In this episode, you’ll hear:

    -Unmarked Street’s role in sourcing for your company.

    -The importance of understanding Minimum Order Quantities (MOQs).

    -Where is your funding coming from?

    -Ethics in factories and cleanliness should be top priority.

     

    We can’t wait to hear what you think of this episode!

    Like, comment & subscribe to my channel here: https://www.youtube.com/@unmarkedstreet/videos

    Learn more at https://www.thebusinessofapparel.com
    ---------------------------------------------------------------------------------------------------
    Connect with us:
    https://www.linkedin.com/company/unmarked-street/
    https://www.instagram.com/unmarkedstreet/
    https://www.facebook.com/profile.php?id=100076027998346
    https://twitter.com/UnmarkedStreet
    https://www.pinterest.com/unmarkedstreet/