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761: Window Treatment Friday: Pricing Window Treatments: How to Ballpark the Numbers on the Fly

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Sinopsis

Today with Vita Vygovska Welcome to A Well-Designed Business! Today is Window Treatment Friday, and we are debuting part 2 of our Pricing Window Treatment Series. Vita is back with some great tools that she has learned to use when pricing a window treatment to a consumer.  Vita and I understand the challenges with pricing, that it isn’t cutthroat and that there are so many variables that go into a window treatment. Tune in to learn the general pricing guidelines for a designer, and also how you can uplevel your conversations with your client by knowing how to ballpark the price within minutes of the consultation. Pick It Apart:  [5:59] Vita and LuAnn reflect on why you as a designer need to understand the numbers behind the formulas. [11:30] Vita breaks down what markup is and how to calculate yours.  [17:36] Vita shares insight on the multiplier—an often misunderstood part of the equation. [27:50] Vita walks us through margins and the formula behind them.  [38:40] LuAnn highlights how you and the wi