03/09/2026
Episode 10.
STOP COPYING OTHER TAILORS’ PRICES
The tailor next door charges ₦30,000.
You charge ₦70,000.
Does that automatically mean you’re too expensive?
No.
Maybe your finishing is different.
Maybe your experience is different.
Maybe your location is different.
Maybe your service is better.
Maybe your turnaround time is faster.
Maybe your customer service is better.
Maybe your overhead is higher.
Maybe your target customers are different.
You cannot build a serious business by constantly looking over your shoulder to see what another tailor is charging.
Study the market, yes.
But understand your own numbers.
Your price must make sense for your business.
Don’t become the cheapest tailor just because you’re afraid of competition.
There will always be somebody cheaper.
The question is:
What makes somebody willing to pay YOU?