I need thoughts. There are only two things keeping me from opening an Etsy for my trees; firstly, I need to figure out shipping, but secondly (and most importantly,) I've got no clue what to charge.
Originally, I had decided on $35, but the boything, much to my general blah, pointed out that if I did that, I would be shortchanging myself. I would
(
Read more... )
Comments 9
A friend of a friend's business was not doing so well, and she hired a business consultant to give her advice. They told her to double her prices. She did. Business is booming :-o The explanation is that people do not value things that come with a cheap price tag.
Reply
I just have to break that stigma that work should be work. I've heard someone else say to double it and add shipping into it, market it as free shipping as the hook.
Doubling would bring it to 70 and with shipping it'd be around 85-90.
Reply
Reply
I did the math out by your suggestions and it came out to 158 doing it that way. I can't even imagine! It would definitely help tremendously and would be amazing if I could sell them for that, but I had a problem trying to wrap my head around 35!
My brain keeps telling me that's way too much, but it's definitely something to consider and I know I should keep in mind that I can always lower prices if I price too high.
Reply
I knit, so here's how I do it. Materials+10%. Then, keep track of the time it takes to make one. (Don't be anal about it just keep a scrap of paper by your work. Every time you sit down, write down the time, when you get up, write time again. Only do this once, not for every tree. Unless you like nit-picky book work, then; knock yourself out. *G*) Charge at least $2 per hour for your time. More if you don't feel that will knock your price 'out of the park'. Good luck.
Also, if someone asks you to do something you don't want to do, add $100 irritation factor to the job. Most people will crawl away.
Reply
Ha! Irritation factor price! I love it!
Reply
Reply
I won't do custom work. I make what I think looks good. I can take requests of inspiration, like Hogwarts houses, but I don't think I'll ever let someone be all, "THIS IS EXACTLY WHAT I WANT!"
Reply
Leave a comment