HOW TO PRICE YOUR PRODUCTS

How to price the inventory in your Boutique. This is a common Boutique Business Question and although there is no right answer I try to give you insight in this video. IU sort of messed up my math at some point so below is a markup up calculator. In short, don't sell yourself short by only pricing your products at double, give yourself some wiggle room for growth.
MARKUP CALCULATOR:
www.csgnetwork.com/salesmarkup...
MY OLD HOW TO PRICE YOUR PRODUCTS VIDEO:
• Video
PRICING EXAMPLES:
• Video
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NEW HERE? ABOUT ME ❥ :
Hello Sunshine's! I am 33 yr old Fashion Entrepreneur. I have worked in the Fashion Industry for a decade. I have owned multiple retail brick and mortar locations, been a part of many pop up shops, attended trade shows and ran a successful women's clothing business online. Most recently, as an extension of my retail business I opened up a wholesale clothing business. I am a driven mom of 3 and document my work life as well as share tips about the industry on this channel.
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UPLAND, CA 91785
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[@esarah02]

Hello Jackie...Once again you nailed it 🥰😘 thank you for sharing 😘🤗🤩 🤔I would like to see a video of “when to pay yourself as an owner ?”

[@SadityChynna]

What’s stopping me? FAILURE. I’m procrastinating because I’m scared to fail lol. I have literally everything written out for my plan I just have to put in into work but idkkkkk

[@LifeAsQuillaK]

I think you should do it I just started mines it’s slow but I won’t give up this time

[@cutiesandbeautiesapparel5019]

ann chynna go for it Queen! Fear will paralyze you if you let it, so don’t let it.

[@wenram3363]

I feel the same way girl...

[@kieracrutchfield5893]

Girl, gone ahead and do it! I read something that said “failure is not the opposite of success. Failure is a part of success!”

[@salfamahfirah1584]

fears aren’t facts! don’t let your fear of failure stop you, think of the best thing that can happen. you got this!!!

[@prissysadity]

This is sooooooo TRUE! I love how you said "price what you're worth" and how you used Nasty Gal as an example! Girl, you're so right all their cheap ass clothes are from the L.A. district, and they cost $100 for a white tee they bought for $2 I am sure! Ha! and definitely true about living in L.A. compared to someone else who does not and pays for the huge shipping fees (me) .. that is why I am not as cheap as other boutiques because I pay $100's in shipping! Great informative video!

[@JamieCharStyle]

I make handmade Jewelry and Headbands. I am factoring so many details when pricing. My pieces are one of a kind. The customer who values my work will purchase. Some people won't purchase no matter the price. I enjoy your videos.

[@Princessjl91]

Hi Jackie, Thanks for the information. I was scared and wanted to give my clients the best possible price but you are right a business is business. And if they don’t like it they can always go somewhere else. Thank you

[@amandaponce5999]

I literally don’t have a business but I loveee watching your videos girl!! You’re so humble so honest and I just love the vibe! 😘

[@bossmamajackie]

I love u for being here Amanda. thank you for supporting me despite it

[@mrspp2081]

'You didn't start a business to please everyone else'.#### or Tshirt logo for the brave! What a take home message! Love you mama God bless you and give you more wisdom to share 🙏

[@nicolehernandez11]

Thank God I just watched this. I was about to post a new Arrival that I knew was priced a little lower than it should be. I just changed that shit. Lol

[@bossmamajackie]

lmfao yasssss!!!!!!!!

[@JanisMollineau]

Update?

[@nicolehernandez11]

@@JanisMollineau Hey, she recently did a new video about pricing that is also helpful. Pricing product for me was hard at first, because it takes time for people to care and it makes you feel like you have ugly clothes. lol The truth is your new and people don't know if they can trust you yet. Its easy to just lower the price to get a sale, it takes time to develop a relationship with your customers. Highly recommend to stick to the proper price point and slowly but surely your group will find you. It took a a year of me consistently showing up and it has all worked out. pricing really determines the type of following you will have too, plus branding is everything. here is my stores IG @ShopStCole

[@brendamatafahi7834]

lmao!!!

[@sharonmariecastaneda3741]

Nicole Hernandez. Heyyy Girl how did you get started? any tips would help. By the way love you website everything is cute love it. I didn’t know Jackie was offering the service where she can help you out for $99

[@courtneyharvey4330]

Thank you so much for always dropping knowledge! I will be launching my online boutique next week and I have literally watched all of your videos. You are amazing ❤️

[@shqipe86]

Thank you so much for this. I'm launching my boutique this August and was concerned on overpricing. This video is very empowering, & I now will take this on with a new viewpoint and more confidence in my business. Thank you again!

[@bossmamajackie]

have faith in what u do

[@TheMaxineHearts]

I'm studying business right now and your vlog is very informative for a project. Thanks!

[@SteezyDollIsabel]

Im back because omg pricing and doing the math is so important someone literally couponed a top from me they only paid for shipping. I double checked all my math to make sure It doesnt happen. Those discounts and sales are so important👏🏼 I learned my lesson. Thank you Jackie😭💕 My business will only grow with your advice.

[@justine4652]

I never plan on having a boutique, but I just love watching your videos!

[@bossmamajackie]

and that's love

[@kikicool01]

I love your videos! They are so helpful and motivating, my best friend and I finally decided to start our online boutique after I have been wanting to for the past 6 years! Your videos have been such a push to finally start. Thanks for all your amazing advice it’s so helpful❤️

[@vinceandbrittney]

Kyeria Morgan Thats so Awesome. It so rewarding to have something you created. I love it. Best wishes- Britt

[@yeseniaflores4729]

You are such an inspiration honestly I was going through a tough week and the fact that you are so positive and inspiring you definitely make a difference! God Bless xoxo

[@salady738]

Wow I was shopping online Wonder about pricing came to KZbin without typing anything in your video was waiting for me 🙏🏾 prayers answered 💜💜💜💜💜💜💜

[@amayaburnsxx]

I just wanted to let you know how incredibly helpful all of your videos have been for helping me start my boutique. Like thank you so much because you did not have to share your knowledge with us at all but you did so I salute you for that.

[@foreverART88]

Love you Jackie!!! This is the hardest part for me 😫 I know my value as a business owner and I need to more more confident ! Thank you for the amazing content 💛

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@hoperomine2915]

Thank you for this video!! I just placed my first wholesale order for online selling. I’m new at this and appreciate all your knowledge and help. ❤️

[@Ms.Bosstastik]

You are a whole MOOD😍😍😍😍🙏🙏🙏getting prepared to launch my business and i must say I'm glad i discovered your page tonight. I've been watching your videos since like 9pm and it's 2:17am here in New York...nuff love from this Jamaican 🇯🇲 bosslady!!!!!!!!

[@islandgyol1045]

Did you launch your company as yet?

[@Ms.Bosstastik]

@@islandgyol1045 no I haven’t mamma.Working on it queen.You can follow me on Instagram @msbossstastik to follow up with when I’m about to.Nuff love queen

[@foxtail803]

Hi Jackie Jacqueline from Australia Just found your channel and your insights are guiding me to set up business. Back home in my home country. Your readiness to be real is wonderful.Its empowering

[@dejonnaekidd9403]

Hello Jackie I have been watching your videos for the past few days and I have learned a lot from yourself and other KZbinrs. I just want to say thank you again for posting these videos and I want to share where I am in starting my business. I am taking a class on how to start a business as well as getting my seller's permit and then after that I am working on web business cards and kind of looking through vendors to see what I want to sell for fall-winter season. It's a lot and eventually I will keep you posted after I move forward with that head ache lol JK.

[@nicolavalchandler4265]

Hi, I'm just getting started and I'm almost ready to go live with my Shopify store. Your video is what I've been looking for! Thank you :)

[@julissacab_]

This was so helpful! My first batch of inventory is coming in soon and I’ve been doing research on how to price my products. Thank you so much ❤️

[@jocelynamoody]

Just set up my Shopify and my domain name today!! Onto the next tasks tomorrow, I'm excited!!!

[@eclecticdragonflycreations4287]

I love your videos. My husband and I have had a furniture business for the last 3 years but I'm just starting a gifts/boutique with my daughter. We've only been doing this 3 months....so new to this!

[@Ayohima]

Is your furniture business successful? Was it hard to make profit? Was it immediate?

[@desiraerubio2192]

SO helpful thank you for always keeping it 100% real in managing a business 😭💕

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@KarenOrtiz-555]

Still don't have a business I'm so indecisive but I really appreciate your content. You are so transparent.

[@todaywithteedieschildspiri1367]

You are definitely my inspiration and motivation. I love all of your videos and it is because of you that gave me the motivation to start my online boutique💜

[@vickeevee5118]

Omg THANK YOU! I've been struggling and going back and forth with where to price my items and figuring out my margin. Your formula was so helpful!!

[@bossmamajackie]

[@kiaranoelia1521]

This video helped me so much. this changed my mindset, deff looking at my prices more and more now!

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@msjessi2011]

i just started my small business last week! i’m excited bc very hopeful that it will do well. thank you for your helpful tips! i had not considered the future sales/discounts when i priced the few items that i have. you’re info is so valuable thanks for sharing!

[@MsGvill]

Just curious on how your business is going. I want to open up a boutique store, but I’m terrified!

[@msjessi2011]

@@MsGvill It was going really well! but then i got really busy with school and haven’t been as active as i was with socials. but ill be getting back on my game asap. going to pop up events always went well so i would definitely recommend attending if possible (: best of luck with your business!!

[@TRIPLEMLUXE]

Thank God your here on this platform to help us future girl bosses! The legal part & deciding whether I should do my own designs with a manufacturer or wholesale are the following keeping me from starting. My goal is to start by this month! 🤞🏽

[@wm396]

@Jenni Soto do the wholesale first to save the money. When you cn afford to manufacture then do it

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@merlyvasquez7295]

Thank you for sharing this information. I am now in the process of setting prices and taking photos to launch the buz. Love love your videos!

[@cnataliec1]

I love how real all your videos are! 💯💕

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@supervendors]

Love your content and how real you get. This was very helpful to us in pricing wholesale for our preticular items.

[@PumpernickelCoconut]

Jackie!!! LOVE your obliteration sounds effects!!! Lol. Ty for uploading constantly!

[@According2Lili]

I have been so intimidated to start my business but your videos have been very inspiring. I can’t wait to launch my own soon 🙏🏽🙏🏽

[@lydiadoesitbest2328]

I just discovered you and a queeeeen you are indeed thanks for all your knowledge! definitely will be applying this hope to open my online boutique by Jan 2020!

[@LivingSimplyyAstrology]

I'm thinking of starting my business in two or three months. I'm making my business plan, still have my branding and website to do, making sure about the products and stuff... so yeah im in the conceptual phase. Im also saving money to start investing a little. Not too much but i still need some money to start. Thanks for the content !

[@kathybeas4377]

Love your videos, thanks for sharing your knowledge. Very inspiring.

[@Kanesha]

Always love your videos! Been here since you first started lol I now have a girl boss/entrepreneurship series 🙌🏾💕

[@TRIPLEMLUXE]

Kanesha I see you girl! About to check out your videos!

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@melaniehaynes8619]

I love your videos!! It has helped me so much in starting my boutique and now my channel😊❤🙋🏽‍♀️

[@bossmamajackie]

YAY!!!

[@tamikadixon2011]

thank you so much. You helped me keep my confidence and common sense in tact!

[@SteezyDollIsabel]

Thank you I was about to price my items wrong. I was looking at like wait a min😂 Lol Life saver!!!😊

[@queenjay6645]

I love you so much girl you inspired me and I’m happy that I took a big step in life ❤️

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@christianstrickland5232]

Your videos have helped me so much trying to start my dream business!!

[@tamaragreen1307]

More videos like this please! Extremely helpful! .... Thank you Jackie!

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@jessymairena7483]

I don't know if you'll see this comment but from the bottom of my heart I thank you for helping out my business that is about to launch!!! Thank you for mentor me 🙏🙏🙏 God provides abundance to you ♥️

[@bossmamajackie]

Happy to help!

[@trishxo]

This was soooo helpful girl! Thank you!

[@angelafulwood8337]

I am trying to be sure i target the right market. I don't want to over reach when i start.

[@ginginandmaynemayne]

Amazing thank you a million times Jackie !!!!! 🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼

[@mymonahalkhalaf9992]

thank you! you gave me the confidence that i was looking for ❤️

[@chasitysavannah7903]

I love your videos, you have truly inspired me.

[@judyp2923]

This was so informative! Thank you!! Good job!

[@beatrizmoreno3410]

I loved this !!! thank you for sharing this information

[@dbaby9361]

I agree price what u think ur worth and your product because brands like free people selling a graphic tee for $80.00 when we all know it’s just a basic tee u can get for $25.00 don’t under sell your self u be surprised what people are willing to spend

[@xbhkluvr13]

Love your vids! Thank you for all the tips and info

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@DamselInAllure]

I have learned so much from you. Thank you

[@TheLalaDoll90]

Thank you so much for this!! I’m configuring my prices now and I was shorting myself

[@LeahRoe]

Thanks for info. Love your glasses!

[@edwardhelb1139]

Great video Jackie 😘🤗🔥🔥💯

[@msnanama11]

You're just amazing. I.should have seen this video months ago

[@ChicHulaGirl86]

Thank you for this video!!! It was so helpful!

[@brookelynpafalani3910]

Love your videos!!! ♥️

[@ryanrenae]

This is so helpful... I have started my business and stopped currently trying to restart. My biggest problem is finding the quality products that I want

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@RhazCastillon]

so far the best

[@brooke.gringa]

failure and just saving as of now! learning as much as I can before I start buying licenses, supplies and inventory!

[@andrea_billings61]

I am thankful for your videos I am almost ready to launch I am just so nervous. But your videos do help

[@lexbrionna6009]

Girrrl thanks so much for this video!🙌🏾❤️

[@Wifeysmitty]

You need to do a Skillshare class girl ! I definitely plan on booking a coaching session with you. Love your videos .

[@jacque2317]

Wow just wow Jackie! LOVE your videos always watch or listen to them! I am selling on Postmark used items and Mark them really low and STILL get no takers haha like what but I'm just trying to make a little extra on the side.

[@bossmamajackie]

mark high.. later offer low

[@bossmamajackie]

give urself wiggle room

[@jacque2317]

You're right because I get likes on items but can't afford to offer them a discount on the item or shipping!

[@GlowWithD]

This was very helpful. Thanks for sharing ❤️

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@yourstrulyfash7916]

Thank you so much for these vidoes😭 I literally have some clothing that fashion nova has for not even half and is not selling to I down priced and still not selling . I’m putting my website on hold and work on marketing the clothes and pictures 🥺

[@Itsqueendom]

I’m at the scouting products stage cuz my budget is non existent right now 😭 I’m tryna get a second job to save more

[@adreanahchandriel290]

I’ve Learned So Much From Your Videos Thank You So Much I’m Launching My Business Spring 2021.

[@bossmamajackie]

Congratulations gf

[@adreanahchandriel290]

BOSSMAMAJACKIE Thank You Beautiful.

[@meganfair2451]

getting educated haven't event started the 10 step process thanks for all your tips

[@Feliciatik24]

Omg you are the best,i do online,sales ,with you your videos iam very motivated to open a womans clothe store,but iam in tj.but the sad is that alot of peolple bring clothe from L A . Wich i do to but here the lady dont value the labor they get any shit out of it,o wold like info in good vendors, thakyou godbless you always please i need ideas .

[@nicolehernandez11]

I definitely want to book an appointment for in October.

[@marissarbd]

Thank you Jackie!!! 💕

[@karinaduarte7177]

Love this, thank you!!

[@carmenrivera2543]

You are awesome and very helpful 😘

[@kokochanel1427]

Fantastic video!!! 💕💖👍🏻

[@jazminemorales9324]

Really enjoy watching your videos, they’re very informative. Right now I’m in the process of taking pictures to start my website. Very excited to launch my online store.

[@bossmamajackie]

Get it girrrlll

[@nirvana476]

Very intelligent. Very helpful thanks

[@dabycabrera444]

Best video!!🥰

[@specialmama.x3]

Part of me feels like I’m over charging, but I’m also strictly online, have to ship, and I include tax in the price. Shipping supplies add up fast. My profit for my first launch should be about $1,000 after buying start up supplies and putting back 20% for taxes. I plan on putting most of that back into the boutique for more inventory. Launching is tough stuff!

[@babysi5427]

If you’re having a problem figuring out what name you want to use, try looking at street names, Like hollister, nice beach style clothing brand but it’s also the name of a street in California.

[@desadior5785]

Money that's whats stopping me but I'm slowly getting the money I need. I've planned everything and I'm mentally prepared

[@shannonbanner3265]

I started my online boutique a week and a half ago and I am placing my 2nd order.

[@carolmichelle6450]

You go girl !! I’m still trying to promote to sell my first batch of inventory . I’m Not losing hope though. ✊🏼🙂

[@shannonbanner3265]

@@carolmichelle6450, girl don’t give up. I don’t even have inventory. I contact the wholesale companies to see if I can use their pics. I post their pics on my Facebook group page and people order from there and then I order. I didn’t have any capital to buy a bunch of inventory. So I order as I go. The customers don’t seem to mind. And I don’t place someone’s order till they have paid. Now the lashes, cosmetics, and skincare all have to be ordered when the customer places those orders with me as well. I am actually going to open a baby/kids boutique and a man’s boutique. At that time I will most definitely need some help. Lol!! Right now I am just doing it by myself. I have thought about opening a brick and mortar location but not 100% on that one yet. You can email me at [e-mail] if you ever have any questions. I researched it for months before I opened it up. I really enjoy it. Now if my husband and my adult son would realize it really is a job.

[@aliahassan8076]

I love you videos, do you have any videos in regards to bookkeeping and what software you use for a small business just starting off?

[@angiesegura5998]

Love the intro Lol! 🤣🤣🤣

[@bridgetteleineweber]

50% mark up is if it costs $1 then you sell it for $1.50. Not $2. $2 would be a 100% mark up

[@sueb7462]

Exactly!!!

[@bluntbaby7399]

50% markup is barely making it

[@threethirty608]

Yeah that's what I was thinking. Now I don't know what she means.

[@elainehuie2925]

I am a new boutique owner. Not launch yet. I am sourcing inventory.

[@newjourney010]

thank you. i thought i was going crazy trying to recalculate my math after what she just said!

[@harshalmore5394]

Thank you for your awareness 👌👌👍👍

[@23theshadowgirl]

Pricing is so hard. I feel like I am losing money when I buy inventory.

[@user-ns9je3mj5o]

hello this is Candy, a wholesale supplier, plz join my facebook wholesale group if you do not mind, many latest items updated there every day. My group link is:facebook.com/groups/candychenwholesale

[@intuitivelyredray9670]

I literally just need my sellers permit to be legit but I'm just being patient researching more

[@Mimi19988]

Hey girl how is it going now? I’m a new business owner and I’m curious to see where you are 3 months later 💜

[@OmariJay]

I have finally purchased my sellers permit but I am so nervous on how much i should purchase from my vendors. Also how much do i pay myself versus what I put back into the business from my sales?

[@alisonortiz16]

Hey boo in one of your videos you mentioned when buying inventory at the very beginning start with 1 pack of each item. How do you go about it When marketing your items for Instagram without using your small inventory? Either I wear it to promote it or have friends to help me I obviously don’t wanna use the small inventory I have or I would lose $$$

[@lavinaabaonza4802]

When applying for a seller permit it’s asks for projected monthly sales & taxables sales what do you put if you haven’t made any sales yet or started the business ?

[@cindytrimblr]

Create a sales forecast for the first year and base your numbers on that. I'm still learning how to do it myself. I'm in the research mode right now.

[@monikaespinoza8837]

Hola Jackie! 🤗 una pregunta como o que se ase si nesesito relaunch mi online store?? & thank you for your amazing videos..