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Masterclass: Costing & Pricing
February 19 @ 9:30 am - 12:30 pm
Costing & Pricing
This workshop focuses on what to consider when costing and pricing your product or service. This will include:
- What elements to consider when costing & pricing your work
- How to calculate direct costs
- How to calculate overheads
- How to cost your time
- How to consider the value of your product within the marketplace
- How to calculate a price for wholesale
- How does the lifecycle of your product reflect its pricing?
The workshop will be interactive, and participants will complete a worksheet during the session focussed on costing their products and creating a costing plan for their own business. The content/ case studies used during the workshop will be customised to suit the designers/makers involved.
This masterclass is delivered by Alan Dibble, former Director of Fashion Foundry & founder & Director of Green Thomas Limited who design and make luxury accessories in Scotland and sell their range globally to premium department stores and independent boutiques.
Funded by Renfrewshire Council – Invest in Renfrewshire