Though patches
are simple to produce, they are only worth what someone is willing to pay for
them, and due to their typically small size, that tends to be on the lower end
of the profit scale. Therefore, you must
focus on setting parameters that ensure you can make a profit with patch
production.
It’s imperative
that you limit yourself to designs with low stitch counts and minimal
detail. For example, if you charge
$1.00/1000 stitches and the customer wants a 10,000 stitch logo on a 3X5 patch,
chances are he isn’t going to want to pay $10.00 (plus the cost of the patch
itself). Thus, you will need to avoid or
modify such jobs, unless the customer has an unlimited budget.
Of course, most
patch jobs are more likely to be in the $3.50 to $5.00 range. But considering
that the typical design is basic text and the emblems themselves are usually
under $0.50, they too can be profitable orders.
Bottom line, know
what it costs you to produce the job, then mark it up as high as the market
will allow above that cost.
And that concludes my discussion on patches and emblems.
Jimmy Lamb
The Z Dimension offers educational videos on a variety of subjects including Patches & Emblems.

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