johnnynorman3Man, those are a heck of a lot of assumptions. If I merely derive my answer from your hypothesis, the answer would be $250. Your assumptions are wrong in many areas. 1] You hypothecate that a business should carry what is, in most cases, hundreds of thousands of dollars of slow-turning fabric inventory and then sell it without markup. Any business which would do this would be an out-of-business pretty darn quickly. 2] You propose that the only difference in making a shirt of 200's vs. 100's is the difference in cost of the fabric. Nothing could be farther from the truth. Most 100's have a high degree of inherent dimensional stability. Additionally, the yarns are quite large and strong. Finally, their greater strength and the concomitant additional strain which can be called for in the weaving process allows for the fabric to be woven straighter and with a more regular repeat. None of these characteristics are inherent in the 200's. They are hard to sew. They tend to develop 'pulls' quite easily. Smaller needle sizes are required. They are about as dimensionally stable as melted butter. The pattern 'repeats' across the fabric are not proportional and regular. Hence, parts which need matching must be cut at the same depth in from the selvedge. As I've analogized previously, a Rolls Royce may be only 20% better than a Jag ... but it may cost twice as much to make that 20% quality increase.Both and More.?. MORE: You are not factoring in the simple fact that the labor force of those with the talent to work at the top levels of the bespoke trades is dwindling from year to year. Therefore, increases in the cost of bespoke goods must also account for a nebulous factor - the salary demands of those capable of performing at the top level. A myriad of factors sway this cost ... including ones negotiation skills. This is a very difficult factor to factor. BOTH: Inflation is a domestic indicator when used in this instance. It must be accounted for as it influences everything from rent to the cost of electricity. Not a difficult degree of figuring if you have a base price: Base x inflation = new base. The cost of fabric, an international, currency exchange rate dependent factor, must also be weighed quite heavily. Thankfully, this is the easiest of the three factors. Cost + markup = selling price. All of the above is what kept me from bothering to change my prices from 1998 to 2004. It is really a great deal of effort.
Quote:For example, assume that it takes an equal amount of time to make a shirt with a 200s fabric as it does a 100s fabric. Assume that the cost for the requisite fabric (i.e. the amount needed to make the shirt) in the 100s is $50. Assume further that the cost for the requisite amount of 200s fabric is $150. Assume further that you charge $150 for the finished product for the 100s shirt ($100 of labor charge). What do you think the proper total charge for the 200s shirt should be?
Quote:Alex, on that score, do you think that the labor charge for tailoring should track inflation, or should it track the cost of the fabric.