Garment pricing is a very important aspect of the garment business where understanding of target pricing in a market needs to be understood in order to deliver cost effective garments. Otherwise the market will be lost. This is a major problem that Pakistani garment exporters face where their prices are unreasonable and they are not able to expand their market share. For instance it is important to understand that most of US has a target price of $10 for a certain type and $20 for a certain type and countries who can provide within this range are successful. Pakistani prices are outrageous and thus the market always shrinks and it is controlled by large manufacturers, Small manufacturing can make it competitive by understanding market demand. .
The idea is to create a course that trains in the pricing patterns of various garments in different countries and the ability to understand price components like material, labor, packaging, quality, shipping, advertising, marketing and financing. Also brings correspondents from various countries that are big garment importers to learn about the special pricing patterns in those countries and export opportunities special areas. Training will also be given about cost estimation of garments for various countries. The course will train in the special requirements of the garment export pricing and the legal and marketing aspects of pricing. Local experts in pricing estimation will be brought to offer new ideas on this area. There will be emphasis on laying down answers to the questions that women have about pricing of garment export business. The project is to create this program in a persuasive format..
It can affect 50% of the population by training them in one skill in a short time and empower them to use their time effectively for income augmentation..
Empowering a full section of society will create a huge financial growth in one sector..
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