Determining the T-Shirt Pricing When You Establish Your Store?

You might be confused when it comes to pricing, like how to price a t-shirt and what price you should consider for selling online? There are many important factors that you should consider for finalizing the competitive price while making a hefty profit from online business. If you have planned to start a custom t-shirt printing company or run one, then pricing is the most important factor you should consider.

You might have planned several strategies when it comes to setting a fixed price for the t-shirt. Here are a few tricks and tips that will help give you a launching point for your design your own shirt pricing for the online store.

Let's dive into some confusing questions that are blabbing your mind at this time,

-How much does it cost to produce the t-shirts?

-How to determine the operational costs?

-What profit margin should you keep for selling T-shirts online?

-What should be the maximum and minimum selling price?

-At what price you can beat the competition?

The best way to pick the selling price for print your own clothes is to recognise the production cost. You can work with your dropshipping company to know the production cost of your t-shirts. You can also request them about the cost of bulk production and retail production.

The most common formula for determining the selling price for the online t-shirt will be,

Cost of production+ Profit margin (100%) = The final selling price

You can consider this formula as the base while calculating your final selling price for your online t-shirt printing business. You can also use A/B testing with this formula and determine the most competitive price ever to beat the competition.

Source : What You Should Know for an Excellent Way to Price Your T-shirts Before Store Launch