Yes if I have a fixed expense then you are right. But in real life if the trash increases by 40% so as bobbins backings employee expenses and most important of all cost of living.. which at that point that 2 cents per thousand stitch it becomes very painful.
Doing the math doesn't make it any easier for some of the little guys, since they need the money, first, to get enough of the materials before seeing the profits. The price hikes affect the really small businesses, start-ups and/or hobbyists, who used to be able to allocate enough money to purchase, say, 20 cones/colors, but now can only afford to purchase 8-10 of them. Yes, the profits are still there to make; it's just getting the cones, to start being able to see those profits. We don't EMB yet, but this goes for any industry.
I absolutely agree for basic colors yes, the cost is justifiable but if you run a multi head and have one off customers who want unique or rarely used colors it adds up to be a substantial burden fast. Thread goes bad and having to buy 6 cones at ten dollars a piece plus shipping eats the entire profit of the job. Colors like pink rarely move in our shop.
Love the way you broke it down so we don’t worry BUT 🤫 keep it down, these manufacturers & suppliers will find another reason to bring it up in price per cone with your figures given to the public like that 😂 sooooo shhhhhhhhhhhhhh please!!!!
Excellent content. Your other video on how to price your embroidery is the best out there. It has helped me to reassess my process and pricing. I bought my Ricoma MT 1501 one year ago. I love this machine! My investment was made for the future potential not for current business as I’m just getting started and learning. I appreciate all your tips and sharing your knowledge. My future goal is to grow my business to get a 2 or 3 head machine from Ricoma. Support is the best and the machine was very easy to learn. Thank you so much!
Hi! We are so happy that our content is helping you and your business! Please let us know if you have any suggestions for any future episodes. We hope that your machine is treating you well :)
buenas... alguien sabe la diferencia de las RICOMA RCM-1201TC de la 7s a la 8s? ademas de la pantalla cambia tambien el software? tienen mas opciones de trabajo? un saludo y gracias----good... does anyone know the difference between the RICOMA RCM-1201TC from the 7s to the 8s? In addition to the screen, does the software also change? Do you have other job options? Greetings and thank you
HI Henry, I just watched your video and noticed as well an offer from Otto for embroidery thread at a 1.75 dollars less than ISacord of mdeyra. My question is, how can we better integrate these suppliers into Chroma Lux? I looked up Otto on the color chart and it is not there…. Can i request this feature?
What are your thoughts in regards to the increasing price of thread? Let us know in the comments below!
Yes if I have a fixed expense then you are right. But in real life if the trash increases by 40% so as bobbins backings employee expenses and most important of all cost of living.. which at that point that 2 cents per thousand stitch it becomes very painful.
Thanks for your feedback!
Doing the math doesn't make it any easier for some of the little guys, since they need the money, first, to get enough of the materials before seeing the profits. The price hikes affect the really small businesses, start-ups and/or hobbyists, who used to be able to allocate enough money to purchase, say, 20 cones/colors, but now can only afford to purchase 8-10 of them. Yes, the profits are still there to make; it's just getting the cones, to start being able to see those profits. We don't EMB yet, but this goes for any industry.
Thanks for the feedback, we will be sure to pass this down!
I absolutely agree for basic colors yes, the cost is justifiable but if you run a multi head and have one off customers who want unique or rarely used colors it adds up to be a substantial burden fast. Thread goes bad and having to buy 6 cones at ten dollars a piece plus shipping eats the entire profit of the job. Colors like pink rarely move in our shop.
That’s why we charge a premium for speciality color jobs
Love the way you broke it down so we don’t worry BUT 🤫 keep it down, these manufacturers & suppliers will find another reason to bring it up in price per cone with your figures given to the public like that 😂 sooooo shhhhhhhhhhhhhh please!!!!
Thanks for watching! We just wanted our customers to have some piece of mind when it came to this.
Excellent content. Your other video on how to price your embroidery is the best out there. It has helped me to reassess my process and pricing. I bought my Ricoma MT 1501 one year ago. I love this machine! My investment was made for the future potential not for current business as I’m just getting started and learning. I appreciate all your tips and sharing your knowledge. My future goal is to grow my business to get a 2 or 3 head machine from Ricoma. Support is the best and the machine was very easy to learn. Thank you so much!
Hi! We are so happy that our content is helping you and your business! Please let us know if you have any suggestions for any future episodes. We hope that your machine is treating you well :)
Thank you
Welcome! Glad this video was helpful!
buenas... alguien sabe la diferencia de las RICOMA RCM-1201TC de la 7s a la 8s? ademas de la pantalla cambia tambien el software? tienen mas opciones de trabajo? un saludo y gracias----good... does anyone know the difference between the RICOMA RCM-1201TC from the 7s to the 8s? In addition to the screen, does the software also change? Do you have other job options? Greetings and thank you
Hi! For more information please be sure to submit a request with the team so we can further help ----> ricoma.com/US/contact-us
HI Henry, I just watched your video and noticed as well an offer from Otto for embroidery thread at a 1.75 dollars less than ISacord of mdeyra. My question is, how can we better integrate these suppliers into Chroma Lux? I looked up Otto on the color chart and it is not there…. Can i request this feature?
Hi Willy! Great suggestion, we will be sure to send this over to the team!
I hate math 😝
Hi! Luckily, we created a profit calculator that will do all the math for you! ----> ricoma.com/US/profit-calculator