Selling custom blankets is a great way to start or grow a small business. If you have an 80 by 60-inch custom blanket, you might be wondering: how much profit should I resell a custom blanket 80×60?
In this blog, I will explain how to figure out the right profit margin, what costs to include, and how to price your blankets so you can make money and keep customers happy.
What Is a Custom Blanket 80×60?
An 80×60 blanket is a medium-sized blanket. It’s big enough to cover a person on the couch or to use as a cozy throw. When it is custom, it means you can add special designs, names, or pictures that customers like.
People buy custom blankets for gifts, home decor, or personal use. Because they are special, customers expect a fair price but also good quality.
Why Is Knowing Your Profit Important?
Profit is the money you make after paying all the costs of your product. If you don’t make enough profit, you won’t earn money or grow your business.
To find your profit, subtract the total cost from your selling price:
Profit = Selling Price – Total Cost
If you sell your blanket for $50 and it costs you $30, your profit is $20.
What Costs Should You Count?
Before deciding your price, think about all the costs you pay. This is important so you don’t lose money. The costs can include:
- The price of buying or making the blanket
- Costs of printing or embroidering the custom design
- Shipping fees to send the blanket to customers
- Packaging materials like boxes or wrapping
- Fees for online payment processing
- Advertising or marketing expenses
If you forget to include one cost, your profit will be less than you expect.
What Profit Margin Should You Use?
A good rule for selling custom products is to aim for a profit margin between 30% and 50%. This means your profit is 30 to 50 percent of your total cost.
For example, if your total cost is $40:
- 30% profit margin: $40 + (0.30 × $40) = $52
- 50% profit margin: $40 + (0.50 × $40) = $60
So, you should price your blanket between $52 and $60 to make a good profit.
Don’t Price Too High or Too Low
If you price too high, customers may not buy because they think it’s too expensive. If you price too low, you might sell more, but your profit will be very small or negative.
Try to find a price that customers feel is fair and that also helps you earn money.
Look at What Others Are Charging
Check websites, online stores, or local shops to see how much other sellers charge for similar custom blankets. This helps you know if your price is competitive.
If most sellers charge $45 to $65, price your blanket in that range. If you offer something special, like better material or faster delivery, you can charge more.
How to Add More Value and Profit
To increase your profit, try to add value for your customers. Some ideas are:
- Use softer or warmer fabric
- Offer free shipping for orders over a certain price
- Include a personalized gift note or wrapping
- Give a discount for buying more than one blanket
Customers will pay more when they feel they get extra benefits.
Example: Calculating Profit for Your Blanket
Let’s say your costs are:
- Blanket cost: $20
- Custom printing: $12
- Packaging: $5
- Shipping: $8
- Payment fees: $3
Total cost = $48
If you want a 40% profit margin:
Profit = 40% × $48 = $19.20
Selling price = Cost + Profit = $48 + $19.20 = $67.20
You could round the price to $67 or $68.
Tips to Keep Profit High
- Buy materials in bulk to save money
- Use efficient methods for customizing blankets
- Avoid unnecessary spending on packaging or ads
- Keep good records to track costs and profits
- Offer good customer service to get repeat buyers
Final Words
So, how much profit should you resell a custom blanket 80×60? A good starting point is 30% to 50% profit margin over your total costs. Make sure to include every cost when you calculate.
Pricing your blankets right helps you earn money and keep your customers coming back. Selling custom blankets can be a fun and profitable business if you plan well.
