Don't OVERESTIMATE the digitizing learning curve
Date：2022-08-10 Browse：1177
Do you have questions about the custom apparel industry? Then you’re in luck – because Henry has the answers! Join Ricoma CEO Henry Ma for a very special episode of Apparel Academy as he answers questions submitted by our followers on social media. Click here to download your free trial of our Chroma digitizing software: https://ricoma.com/US/software/chroma
Check out this video to learn how to digitize 3D puff without any hassles: https://youtu.be/Vj_sWs7HbIo
Watch this video to learn more about Henry’s preferred pricing method: https://youtu.be/PuF5hAdYlNo
Check out this free webinar from Ricoma CEO Henry Ma to learn how to maximize your profitability: https://info.ricoma.com/the-number-on...
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00:00:00 – Introduction
00:01:09 – How hard is it to learn how to digitize?
00:03:41 – How do you go about tracking your expenses and revenue?
00:05:04 – How do you price patches?
The first question Henry tackles deals with digitizing and how difficult it is to learn. Many new embroiderers are hesitant to digitize their own designs because they believe it is too difficult. In this video, Henry unpacks this common misconception and explains why digitizing is no harder to learn than any other new skill. He also explains why learning to digitize is NOT a prerequisite to learning how to embroider. Next, Henry explores the best methods for tracking business expenses and revenue. He explains why decorators don’t necessarily need to use an accountant when starting out, plus the first step every new business owner needs to take to keep their finances organized. Finally, Henry explains how to properly price your embroidered patches. He explains why generic, one-size fits all approaches to pricing your embroidery – like the stitch-count rule – fail to account for the time and materials that go into every embroidery project. Afterwards, Henry shares his preferred pricing formula for maximizing profits on every embroidery project.
