3 mins read

Pricing T-shirts To Maximise Your Profits


by Jestina
September 01, 2020
3 mins read

Pricing T-shirts To Maximise Your Profits

by Jestina
September 01, 2020

Now that you’ve created a rocking t-shirt design, it’s time to sell your shirts to your community. Whether you’re selling your shirts on Yeefu Campaign, order shirts through SaltyExpress to sell at an event, it’s important you set reasonable selling prices.

The cost of purchasing your shirt can make or break whether your buyers will purchase your shirt. The art of pricing t-shirts is all about balancing your desired profit per shirt with the amount your audience will be willing to spend on the apparel item. If your selling price is set too high, it will limit the number of people who will buy. 


3 Things You Should Ask Yourself When Your Pricing T-Shirts

1.
What are my sales goals?

The first step in determining your sales price is to evaluate your goals for shirt sales. What’s more important, profit, or selling the most shirts possible? If you don’t need to make much of a profit, and care more about just making your shirts available, you can keep your selling cost low, and close to the base cost of the shirt. But, most likely, you’re trying to actually make money in the process of selling your shirts. In this case, think about the ideal dollar amount of profit per shirt that you’d like to make.

2. How much will my buyers be willing to spend?

Depending on the target audience of your campaign, you may have limitations on how high you can set your selling price. The younger your audience is, the lower you need to keep your selling prices. Having trouble evaluating how much your buyers will be willing to spend? Survey a small selection of your audience to gather interest.

3. Does the base cost of the shirt I designed align with these goals?

If you’re finding that your base cost is much higher than you want it to be, you may need to simplify your design. Because of the way screen printing works, the base cost increases as you have more colors in your design and as you print on two sides instead of one. So, if making maximum profits with a reasonable selling price is important to you, we suggest sticking to a one-sided shirt design with 1-3 colors.
The cost of purchasing your shirt can make or break whether your buyers will purchase your shirt. The art of pricing t-shirts is all about balancing your desired profit per shirt with the amount your audience will be willing to spend on the apparel item. If your selling price is set too high, it will limit the number of people who will buy. 

T-Shirt Profit Calculator

You will be able to adjust your sales prices for each item in your campaign. We have recommended pricing that we suggest for each product automatically loaded onto the page, but you can edit these prices to meet your needs.

Use our free t-shirt profit calculator to get an idea of how much money you could make by selling your shirts on Yeefu.


Suggested Selling Prices for Our Shirts & Other Apparel Options

The tables below show the suggested selling prices for all of the custom apparel options we offer in our product catalog.

Product | Suggested Selling Price
T-shirt | RM 39 - RM 69
Tote bag | RM 20 - RM 30
Baseball Cap | RM 39 - RM 49
Hoodie | RM 89 - RM 100
Sweater | RM 70 - RM 85
Face Mask | RM 25 - RM 30 

While many members of the Yeefu community have set selling prices RM39.90 above our recommendations with great success, the above prices are a great starting point. But remember,  overcharging or setting your selling prices really high will often minimize sales and end up making you less money in the end.

Bonus Tip
Make your selling prices end with .99 instead of .00. While it doesn’t seem to make much sense, people’s minds read RM29.99 as being much cheaper than RM30, even though it’s a difference of only one cent.


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