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Content provided by Boost Your Boutique with Emily Benson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Boost Your Boutique with Emily Benson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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Boutique Pricing: A Deep Dive on How To Price Clothing in Your Boutique (Step-By-Step Guide + Profit Formula)
Manage episode 492970757 series 2806356
Content provided by Boost Your Boutique with Emily Benson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Boost Your Boutique with Emily Benson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
If you've ever struggles with how to price clothing in your boutique or how much to charge for products in your boutique, then you’ll want to listen to this entire episode to learn my step-by-step process to price your inventory for profit. If you want to price boutique items in a way that sells and also leaves you profitable, then you need to learn a boutique pricing strategy that has profit in mind from the start. There are certain markups and margins in your boutique that you need to have in order to properly price inventory for your boutique.
In this episode, you’ll learn:
- The biggest mistake most of boutique owners make when pricing products, and how to avoid it
- The difference between markup and margin—and how both impact your boutique’s profitability
- Emily’s proven strategy to create a pricing structure based on your target customer and product assortment
- How to choose sweet spot pricing for each product category in your boutique
- The real cost of your inventory (spoiler: it’s more than just wholesale)
- When to adjust prices vs. when to walk away from a product that won’t sell
- How to build confidence around your pricing—so customers stop questioning it
…and so much more!
This episode is Part 3 of our 3 Part Series on How to Build a Profitable Product Assortment for Your Boutique!
Watch Part 1 here: https://youtu.be/2G_t5DwQxxc
Watch Part 2 here: https://youtu.be/RtPy2Vw9XhI
Have questions or looking for more personalized support? Send us an email at [email protected]
Say hi on social:
Instagram: https://www.instagram.com/stylishandsuccessful/
Facebook: https://www.facebook.com/stylishandsuccessful
Listen to the Podcast: Boost Your Boutique on Apple Podcast, Spotify and Stitcher
https://bit.ly/boostyourboutique
Join the Facebook Group: https://www.emilyfbgroup.com
Website: https://www.boutiquetrainingacademy.com
Subscribe to my YouTube Channel: https://www.youtube.com/@Emilyboutique?sub_confirmation=1
Questions?
Comment below or email me at [email protected]
Disclaimer: This is not a sponsored video. Some links are affiliate links. Thank you for watching!
#EmilyBenson #BoutiqueBusiness
279 episodes
Share
Manage episode 492970757 series 2806356
Content provided by Boost Your Boutique with Emily Benson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Boost Your Boutique with Emily Benson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
If you've ever struggles with how to price clothing in your boutique or how much to charge for products in your boutique, then you’ll want to listen to this entire episode to learn my step-by-step process to price your inventory for profit. If you want to price boutique items in a way that sells and also leaves you profitable, then you need to learn a boutique pricing strategy that has profit in mind from the start. There are certain markups and margins in your boutique that you need to have in order to properly price inventory for your boutique.
In this episode, you’ll learn:
- The biggest mistake most of boutique owners make when pricing products, and how to avoid it
- The difference between markup and margin—and how both impact your boutique’s profitability
- Emily’s proven strategy to create a pricing structure based on your target customer and product assortment
- How to choose sweet spot pricing for each product category in your boutique
- The real cost of your inventory (spoiler: it’s more than just wholesale)
- When to adjust prices vs. when to walk away from a product that won’t sell
- How to build confidence around your pricing—so customers stop questioning it
…and so much more!
This episode is Part 3 of our 3 Part Series on How to Build a Profitable Product Assortment for Your Boutique!
Watch Part 1 here: https://youtu.be/2G_t5DwQxxc
Watch Part 2 here: https://youtu.be/RtPy2Vw9XhI
Have questions or looking for more personalized support? Send us an email at [email protected]
Say hi on social:
Instagram: https://www.instagram.com/stylishandsuccessful/
Facebook: https://www.facebook.com/stylishandsuccessful
Listen to the Podcast: Boost Your Boutique on Apple Podcast, Spotify and Stitcher
https://bit.ly/boostyourboutique
Join the Facebook Group: https://www.emilyfbgroup.com
Website: https://www.boutiquetrainingacademy.com
Subscribe to my YouTube Channel: https://www.youtube.com/@Emilyboutique?sub_confirmation=1
Questions?
Comment below or email me at [email protected]
Disclaimer: This is not a sponsored video. Some links are affiliate links. Thank you for watching!
#EmilyBenson #BoutiqueBusiness
279 episodes
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Similar to Boost Your Boutique with Emily Benson
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continue reading
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…
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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continue reading
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continue reading
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continue reading
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