My Exact Pricing Formula: Costing and Pricing Your Product (Part 2)
Get the Costing & Pricing Template now. Use code: PODCAST to snag it for 10 bucks.
In this episode, I give you my EXACT pricing formula. The exact markups I recommend. 👀
Today is part 2 of Costing & Pricing your product. If you haven't listened to Part 1 yet, click here to get it.
You'll learn
- the EXACT markup & pricing formula for fashion, accessories, and jewelry products that I've used for 20+ years
- what you goes in your cost sheet and what to leave out
- the story of the pricing mistake I made that almost put me out of business
- how pricing fear can mess up your business and how to handle it
DISCLAIMER: What I go over today are guidelines, not rules. In all honesty, there's a reason I haven't released my exact pricing formula on the podcast before. And that's because there are a lot of variables about what markup is right for you and your brand.
Each business is unique and each product is unique. That said, you need to start with something and sincerely hope the details & numbers started in this episode guide you to better and more profitable pricing decisions.
I really could have used an honest episode like this before I started. 😃
xo - Jane Hamill
Get the Cost Sheet TEMPLATE + workshop for $10 (use code: PODCAST):
https://fashionbrainacademy.com/costsheet
Show notes:
https://fashionbrainacademy.com/costingsheet2/