Custom Apparel Startups

IntroductionSmall business owners in the customization industry are facing unprecedented challenges due to rising prices. This resource guide provides practical strategies to help your business thrive in a changing economic landscape.Market Research and Competitive AnalysisResearch competitors and trends - Price shop around and see how you REALLY are in the market. Also ask about 'hidden' fees. Set up fees, art fees, delivery, etc. Do you have a fee to set up my logo?Do you deliver or do I pick up? Fees?I am trying to budget this all out, what other costs should I expect to make sure I allocate the right money?Understand customer perception - ask other business owners you know if they have had price increases. How did they deal with them? How large were they? Define your pricing strategyDo you want to be the price leader? Keeping it SimpleAvoid complex financial details.Don’t break down the cost of your ink, paper, deliveries etc. This leaves room for holes in your pricing strategy. Just keep it simple - 'my