| Apr. 9th, 2007 @ 06:15 pm Fashion Designer Course Day 25 |
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Fashion Designer Course, Day 25
Price calculation.
When you design clothes, you'll need to also calculate your costs, and calculate a price for the garment to be sold.
So, what are the components of a price (some items may appear to be listed twice. They aren't really, it's like this to make you think about things)
1. Fabric: (price per meter) times (meters used)
2. Buttons: Most garments have buttons, and they can be very expensive
3. Zippers, thread, epaulettes, ...
4. Vlieseline, apparently called interfacing in English.
5. lining (en; nl:voering)
6. Other materials. Sometimes you use other thingsthings, that weren't listed yet: diamonds, stones, chains, buckles, ribbons, ...
7. General costs: electricity, rent, heating, insurance, ... (Some people start their company at home, but should still take them in account somehow)
8. Working hours: Take account of the hours you work on a garment, and assign a price to the hours.
9. Personnel: If you hire people to do some of the work
10. Design: assign yourself an amount for the design of the garment. Take into account whether you're making the design for a one-off garment, or for a series.
11. VAT: you have to add VAT to the final price (or the parts that you didn't pay VAT for if you don't have a company.
We've done this calculation, with interesting results. Someone calculated a price of more than 2000 euro. Others got to 300 or 500 euro. Still high prices, if you ask me. I had 2 skimpy dresses that accounted to 461 euro (which is 615 USD). The argumentation is that working hours in Belgium are high, our fabrics are bought too high (at retail prices), and these are one-off clothes. |
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