Make it or break it decision: Going into production

Posted by MakersValley on 5/11/17 2:34 PM

In Working with Your Manufacturer, Democratize Manufacturing

Wouldn’t you like to learn how to simplify the process of manufacturing by taking advantage of MakersValley services?
What if I said that every designer, boutique owner, or fashion entrepreneur that wants to break into the fashion industry has faced the same problem?
Better yet, what if I showed you how to leverage the manufacturing process by making it as simple as possible?

 

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Private Label to Profitability

Let’s start by talking about money, yes, I know, one of the biggest concerns you may have is not knowing if you will be able to finance the production costs. That's why before you commit into going to production you  have to make sure that you are not going over your budget;  you don’t want to end up investing money if it will not be profitable. Some business have failed just because they went into production when they still weren't ready.

At MakersValley, we offer the opportunity to create your own private label, without breaking the bank!

We enable you to access highly experienced factories across the globe to create your unique products at a fair and transparent price with low minimum orders. We try to make the process as simple as possible for you; thats why after you pay your invoices on our platform, we take care of paying all of the factories and vendors in the entire supply chain process for you, allowing you to focus 100% on your business.  

Our pricing is always broken down by unit with all setup costs built into the cost, this way it will be easier for you to set your retail price. By having your own private label through MakersValley, you'll also enjoy higher profit margins since you will be paying the actual manufacturer cost with no added markups,  and your customers will be happy since they will be getting a high quality product that lasts for years. 

The production costs will vary depending on the design you want to produce. Typical production costs include:

  • Fabric
  • Labor costs to cut & sew your garment
  • Accessories / Trims (buttons, zippers…)
  • Printing
  • Labels on the garment
  • Shipping

   

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How to choose the right manufacturer?

Choosing the right manufacturing partner for your business is a critical decision and this partnership is essential for the future of your business. You should take your time when choosing a manufacturer, since they will be responsible for creating your collection; it's a make it or break it decision. 

At MakersValley, we offer the opportunity to create your own unique collection, not only by connecting you with high-end Italian manufacturers, but by giving you personalized guidance throught the entire production process, from the moment you contact us until the end of production when your garments arrive at your doorstep. We handle all of the communication between you and the manufacturer, that way you will be able to focus 100% on designing and on your business.

With MakersValley, you won't have to worry about searching for a manufacturer because as part of our services, we match your garment design directly with a factory. This means that we use the information you provide us about your project to find a manufacturer that has been producing your product for decades and wants to work with you.

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Minimum Orders

You may be familiar with this term because most manufacturers require a minimum order quantity (MOQ). A MOQ is not helpful to startup designers who are unable to finance high minimum order quantities at an early stage.

At MakersValley, we aim to help designers and entrepreneurs grow in the fashion industry, which is why we give them the opportunity to create their private label with no minimum order quantities for cut & sew. Yes! You heard right, with MakersValley you can start your collection by producing a small batch; this way you won’t invest your money in a production that won’t sell or gain you any profits.

We enable you to create your private label at a fair price, with no minimum orders. Guaranteeing not only a low risk for the designer, but also a new horizion of opportunity to develop and test new ideas.

 

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Fabric Sourcing

It's important that you know that choosing the wrong fabric for your design could negatively impact your entire collection, so this is a make it or break It desicion - don't rush it.  

How do you choose the right fabric for your design? It might be an overwhelming task if your are not familiar with the difference between fabrics because there are many options for you to choose from. 

If you are not a fabric guru, don't worry, MakersValley can help you. With us, you don't need to know the exact fabric, but at least have an idea of the fabric you want; and we will take care of the rest. 

How do we source our fabrics at MakersValley?

  • The factory will need from you a physical fabric sample (a swatch) of the fabric you would like them to source for you.
  • The Italian factory will do their best to source for you the closest available fabric.
  • In some cases, the factory will prepare for you a swatch book of fabrics that are the closest match to your sample.
  • The factory will not start sourcing the fabric until they have clear instructions about the fabric you are looking for and a fabric sample from you in their hands.
  • If you aren't quite sure about the fabric you need, don't worry - we offer you the Premium subscription plan, in which we help you choose the right fabric.  First, you'll need to send us a garment sample, pattern, or tech pack, and the factory will pick the best fabric for your design. Along with your first prototype, we will mail you a fabric swatch book with several options that you can touch and choose from for production. 
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 Source: http://www.usfashionindustry.com

I hope this article has motivated you to start creating your own private label.

Lets get you started with your production process! 

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