Fashion · Photography

PARSONS X TEEN VOGUE ASSIGNMENTS.

Hey Everyone!

This is an assignment post for my course.

  1. Production Costs

IMG_5905

For the assignment “Production Costs”, I needed to determine how much it cost to produce my bracelet from the “Your Ideas” assignment. I figured out how much it would costs to produce it, the profit I can get and the estimated retail price when the materials are bought Individually and as wholesale items.

PRODUCTION COST FOR INDIVIDUAL PIECE

7.5” Rope

AED6

Hook and Eye clasp

AED5

Dried purple flower

AED5

0.3 hours @ AED 45

AED13.5

Total Production Cost

AED29.5

15% Profit

AED4.425

Total cost plus profit

AED33.925

Estimated retail price

AED35

PRODUCTION COST FOR BULK PRODUCTION

7.5” Rope

AED5

Hook and Eye clasp

AED3.5

Dried purple flower

AED3

0.2 hours @ AED 45

AED9

Total Production Cost

AED20.5

15% Profit

AED3.075

Total cost plus profit

AED23.575

Estimated retail price

AED35

I learned from this assignment that buying materials in bulk is cheaper.

2. Production Standards

jackets.jpg

Different sizes from different stores tend to fit everyone. I personally found that jackets/blazers from Zara fit me in a bigger size than Mango.

Once again I learned the value the of doing proper research before buying products. It is always best to stay well informed about different sizes that fit you from stores you usually shop at.

3. Your Mockup

IMG_5804.JPG

For the mock up of my signature bag, I made it out of an inside out paper bag. My signature bag is a front flap closure bag which is made of 3 different coloured materials.

PRODUCTION COSTS

Faux Suede 1 yard ( 0.60 chocolate brown, 0.20 deep brown and 0.20 beige)

AED25

100% polyester lining 0.5 yard

AED2

Fabric Glue

AED25

Magnetic Snaps

AED10

Hard Cardboard

AED10

2 hours @ 50 AED

AED100

Total Production Cost

AED172

15% Profit

AED25.8

Total Cost plus Profit

AED197.8

Retail Price

AED220

4. Your Product

IMG_5769.JPG

While constructing my signature bag, I needed few more materials than expected. Therefore, estimated retail price of the bag slightly increased.

PRODUCTION COSTS

Faux Suede 1 yard ( 0.60 chocolate brown, 0.20 deep brown and 0.20 beige)

AED25

100% polyester lining 1 yard

AED4

Plastic bauble with small stones

AED7

Sewing pins

AED5

Staples

AED10

Fabric scissors

AED20

Fabric Glue

AED25

Magnetic Snaps

AED10

Hard Cardboard

AED10

2 hours @ 50 AED

AED100

Total Production Cost

AED216

15% Profit

AED32.4

Total Cost plus Profit

AED248.4

Retail Price

AED265

5. Your Audience

Screen Shot 2017-03-09 at 11.48.31 AM

Screen Shot 2017-03-09 at 11.48.44 AM

I started blogging in June 2016 and time has flown by so fast! During this time I have had support and love from many of you amazing followers! I would like to thank you all who take the time to stop by!

During the month of February 2017, many fellow bloggers have visited by blog from countries including U.S., U.K., U.A.E and many more. I would say award posts are one of the most popular ones.

6. Retail Marketing

IMG_0050.JPG

Store: Ted Baker

Ted Baker is one of those stores, which never fail to draw my attention. Everything about the store’s design is attractive and classy. Their choice of colours on the front display always make sense together. Moreover, the store’s layout is not very simple, but it is fun and easy to scan. The store usually has one floor. It is divided into men’s and women’s section, however, there is not a clear boundary between the two. Both sections include accessories as well as bags. The store usually has two entrances, and in front of both entrances is usually the accessories section including bags, shoes and wallets. The counter area is usually not near the entrance and has belts and perfumes on near display.

Thanks for stopping by.

Until next time!

 

 

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6 thoughts on “PARSONS X TEEN VOGUE ASSIGNMENTS.

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