The Art of Pricing
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The decorators’ community brings a world of creative people together to make the most amazing stuff. The 2 Regular Guys know that pricing can be a huge challenge for many businesses, both large and small. In this episode, Terry and Aaron will discuss the art of finding the right pricing model for your business. They both have years of experience pricing products and so their back and forth about the methods they use will surely give you the knowledge you can put to work immediately. It’s time to find a pricing strategy that puts profit in your pockets.
Our regular listeners know this, but 2 Regular Guys are all about garment decorating, a bit of fun, and no rants, lectures, or selling. We are not doing this for our employers but rather for our industry. Since February 2013, The 2 Regular Guys have been the first and the most listened-to garment decorating industry podcast on this planet! We are humbled by all of you tuning in each week. We work hard to bring you information that will improve your business and our industry. Take a look at our incredible weekly guest list, and you’ll understand where this industry goes for news, interviews, and the heartbeat of garment decorating. Thanks for listening!
🏆🤑 Ready to have clarity and confidence in your business? 🥇🎯 Got to https://oursuccessgroup.com/tryosg
News
If you have anything newsworthy you would like us to share, please email details to info@2regularguys.com. Use the subject line “Weekly News.”
Dad Joke
In the new year, I’d like to tell some healthier dad jokes. I’ve been trying to think of new jokes that contain fruits and vegetables.
If any of you listeners think of any, lettuce know.
The Art of Pricing
- Our experience with pricing and what we have learned
- End of U.S. Screen and our take on why
- Didn’t know their numbers – selling for less than what it cost – Could not make it up in volume and then from there it was how long could they feed the beast (Payroll, etc.)
- End of U.S. Screen and our take on why
- Other mistakes we have seen
- Art Versus Science
- What is a pricing strategy
- Can’t just use a spreadsheet
- .99 on everything
- Being the lowest price = commodity.
- Pricing by committee
- Models for markup
- Value Propositions
- Measurable vs. Perceived
- Unique Value
- Higher Value =/= More Input
- Intangibles
OTHER EVENTS
- The Half – 11:30 AM CST every Friday. Erich Campbell and Aaron Montgomery. Thirty minutes of Q&A. See past episodes and support the show – thehalf.club.
- Complete Screen Printing Business Course with Atlas Screen Supply in Chicago starting March 4-5, 2023.
- Complete Screen Printing Business Course with Workhorse Products in Phoenix, AZ, starting February 18-19, 2023.
- Master of Success Inner Circle – The next level for people who are serious about their success. Bi-Weekly Mastermind Groups on top of the industry-leading business training.
- Aaron’s “Small Business Saturdays” #SBS Every Saturday. Check out the Podcast version!
- Demystifying Next Level Digitizing Make your machine embroidery bolder, more beautiful, and more valuable to customers while making the digitizing process faster and easier. Online Training from Erich Campbell
- Understanding Emblems Digitizing, Production, Styles, and Sales of Patches. Learn from Erich Campbell about digitizing for emblems, including small detail tips, creating your own borders, execution for stitching, and more.
- The Take-up with Erich Campbell – Fridays at 2:30 Mountain Time
- Your Style Guide is a critical recipe. When all of the ingredients are combined, they create a powerful brand that is aligned, consistent & memorable! eBook by Jay Busselle
TRADE SHOWS
- International Personalization & Awards Expo Las Vegas, NV – February 7-10, 2023
- Decorated Apparel Expo Kansas City, MO – February 24-25, 2023
- EEM Show Lafayette, LA – March 3-5, 2023
- Graphics Pro Expo Irving, TX – March 9-10, 2023
- Impressions Expo Atlantic City, NJ – March 23-25, 2023
- Decorated Apparel Expo Minneapolis (Welch), MN – March 31-April 1, 2023
- Decorated Apparel Expo Chicago (Tinley Park), IL – April 14-15, 2023
- Graphics Pro Expo Charlotte, NC – April 27-28, 2023
- Sublimation Summit Peachtree City, GA – April 27-29, 2023
- Graphics Pro Expo Indianapolis, IN – June 15-16, 2023
- Graphics Pro Expo Portland, OR – July 19-20, 2023
- ASI Chicago – July 25-27, 2023
- Graphics Pro Expo Long Beach, CA – August 18-19, 2023
- Graphics Pro Expo Baltimore, MD – September 13-14, 2023
- Impressions Expo Fort Worth, TX – September 14 – 16, 2023
- ASI Show ConneX Nashville, TN – October 9-12, 2023
- Printing United Atlanta, GA – October 18-20, 2023
All dates and events subject to change
