What are the most common pricing models for embroidery?

Keystone pricing: The end price is set at double the wholesale price.

Time and materials: The pricing here accurately represents the use of your equipment and resources. This is typically used for large jobs.

Cost-plus pricing: This is a more complex strategy in which the selling price is determined by adding a specific profit margin or markup on top of the unit costs of the goods sold.

Price to market: This is the process of asking around, shopping competitors, asking your potential customers, and determining the going rates for various jobs.

—ColDesi