LAUNCH STEP 03 | PRODUCT DEVELOPMENT | COSTING TRAINING
03
LAUNCH STEP
Costing Training
Costing may appear easy, but it is anything but that! One of the most important investments you can make as an emerging fashion brand is in the expert costing of your line to ensure that your collection, and all its components are costed correctly to achieve the optimal profit potential.
Pricing your line requires precise knowledge to ensure you are on the right track for establishing an effective wholesale and retail pricing strategy and it should not be attempted without costing training. Work with our in-house Costing Expert to train you on this very important step in the launch process, and you'll become a costing pro in a short time.
Details
Our costing training package equips you with all the tools you need to learn how to cost each of the garments in your collection, season after season.
You'll start by watching a costing training video module in which Bruce, our Costing Manager demonstrates step-by-step how to cost a garment using sample garments.
Once you learn how to cost a garment, you can practice using our pre-formulated costing worksheet that has the formulas built-in, so you can be sure you are getting your costing done right every time.
Lastly, you will work 1:1 with Bruce to go over costing basics and answer any questions you have about costing your apparel collection.
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Included in this Package
COSTING WORKSHEET
Our costing worksheet template has built-in formulas that make it easy for you
to plug in your various numbers to arrive at your retail and wholesale pricing.
COST SHEET DEMO
Our Costing Expert walks you through the process of filling out the costing worksheet in this video demonstration, so you can easily complete on your own.
PHONE SESSION
Our Costing Expert will conduct a 60 minute phone call with you to go over the costing process, the costing worksheet, and answer any questions you may have about the process only for the duration of the costing process.
VIDEO MODULE
Our costing video module gives you an extensive background on costing and our in-house costing expert guides you through the process. You will learn the process for costing any garment, the key elements of a cost sheet, strategies for arriving at the right selling price, and how to avoid hidden items that cause you to lose money.
Project Lead
Cost
$1,000
Timeline
2 weeks
Each and every service or package you book with us
is managed and overseen by our founder to ensure a
seamless experience from start to finish. In addition,
the following project lead(s) will serve as your direct
point of contact for this service. To learn more about
our team members, please click the name(s) below.
Costing Manager