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Posts Tagged ‘embroidery startup’

Come see us in Chicago!

Monday, June 28th, 2010

Swing by our booth (#1039) at The ASI Show in Chicago, July 14th-15th.  You can get information about all the great new changes at Edigitize, plus meet some of our team!


If you are not already registered, please visit one of the links below to register for a free two day* pass!


Click here to register online, and your complimentary badge will be waiting for you at the show!

Or, click here to download your guest pass. Print the pass and bring it with you to the show.


We always enjoy meeting our customers, so we hope you will stop by!  By attending you benefit from ASI’s largest show of the summer, and the biggest event in the Midwest.  This is a great way to gear up for a strong second-selling season!


If you have any questions, please feel free to contact us at admin@edigitize.com, or call us toll free at 1-877-349-6586.


*As you plan your show schedule, please note that your complimentary pass is good for admission to the show only on Wednesday, July 14th and Thursday, July 15th.


How to Price Your Embroidery Services

Tuesday, November 3rd, 2009

Landing the Big One!

You know how it is. You sit down to bid that big job, the job that could make your whole month, but you’re concerned that unless you lower your prices, your competitor down the street may land the sale. Should you do it? Should you take a short term cut in profits, or even take a loss, in order to land that big job?

No, probably not. Spend some time setting your prices and then stick to them. If you do change your prices, change them across the board because of changes in the market, or changes in your business strategy. For example, Jim O’Boyle, president of Journalbooks/Timeplanners Calendars, talks in this post about one way to temporarily change your prices. Keep in mind though, Mr. O’Boyle’s idea has to do with a temporary shift in policy due to changes in the market, not simply the desire to land a single job.

Bottom line, stick to your business strategy. If you’re like a lot of small to medium size companies, you’re not trying to be the low cost supplier. Instead, you’re trying to add value for your customers and keep them coming back again and again. You’re looking for customers that are willing to pay a little bit more for your products and services. If this is the case, don’t lower your prices just to get work or compete with other companies that seem to be offering the new lowest price. You need to maintain your prices so that you can cover your costs, make a profit and have cash available for growth.

Check out these ideas that we put together about pricing your services:

  1. Pass your artwork preparation costs through to your customer – It is normal to charge some type of setup fee to cover the costs of digitizing, vectorizing or order processing. You don’t need to absorb these costs since they are part of the cost of doing business.
  2. Mark up your digitizing costs (recommended) – Edigitize prices are wholesale prices, meaning that your customers would normally have to pay more for quality digitizing if they went straight to a digitizer. You deserve to be rewarded for the extra value that you add sending us the order, checking the sewout scan we provide and sewing out a test file from your machine. We suggest that you mark up our digitizing fees to cover your time and effort. With our new flat fees, you know ahead of time what your costs will be, making it easier to mark up your digitizing costs.
  3. Be careful what kind of incentives you offer – You may decide to waive setup fees as a way to get new customers or generate more business from existing customers. You know your business; so perhaps that is the best way for you to offer incentives. However, if you do waive setup fees, make sure that you recover your costs and make a profit in other ways.
  4. Get payment up front – You don’t need to fund your customer’s business. Ask for 30%-50% of each order up front, depending on order size and the supplies involved. If you ask for less money up front as a way to get more business, make sure you have surplus cash available to cover your costs if something goes bad. Our advice: always collect at least 50% of the order amount up front.
  5. Offer incentives for volume and loyalty – Whatever incentives you do offer, consider tying them to a customer’s order volume or degree of loyalty over time. So if you offer free setup, offer it only on orders above a certain piece or dollar volume. Or, offer a discount only to repeat customers.

Introducing the RIGHT MIX

Friday, July 24th, 2009

Beginning this coming Monday, July 27th, you’ll be able to access our new flat rates and improved order management system (read all about it here or read/comment on the blog post here). This is all part of our continued effort to make sure we offer you the best possible value for artwork services.

You’ll see some changes in our marketing, including our revised logo:

edigitize-logo-tagline

The new tagline in the logo reflects the fact that we offer integrated artwork solutions (vectorizing, stock designs and digitizing) and have improved our art vectorizing order form to make it easier for you to order exactly what you want. Watch for more stock designs coming soon.

(more…)

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