Posted 26 June 2006 - 08:46 PM
Does anyone have a suggestion of how to determine how to price things to sell them?
I am considering trying to sell some purses like mine because so many people have commented on it and asked how to make it. I know about how much I have put into them for materials but not sure how much to charge. Kenn is going to try to sell them for me. I'm starting very small - only making two to begin in case they do not sell.
The only thing I can think of is to ask some people how much they would be willing to pay for one but I have to make a profit (more than paying for the materials) so not sure. I tend to underprice because to me it is easy to make the things I make so I guess I misjudge their worth.
Posted 27 June 2006 - 12:01 AM
But I've heard that people figure what they want to be paid per hour....then they add in this amount for how many hours it takes to make the item. This is in addition to the cost of materials.
I guess it depends on the prices of purses in your area, too.
Posted 06 August 2006 - 01:11 AM
Posted 06 August 2006 - 07:53 AM
I've deicded to let it go. If it happens ok, if not - well I am well supported by my husband and less work for me.
I do have at least one person ask me every week where I got my purse and say that they like it and have never seen one like it. I think there is potential unless they are expecting them to be cheap.
They can't be. The materials alone cost me about $30. A lady yesterday asked if I sell them. I said that I wanted to but didn't have anyway to advertise them. She suggested Harvest festival - get a booth. But I dont' want to risk that kind of money. I'd have to make a lot and pay for a table and if they don't sell, I'm stuck with a bunch of purses and out the money for the booth.
So I guess unless God makes it happen, I am out of business before I start. I am just not a sales person. I never could sell anything.
I think when Kenn asked about it he didn't realize how much time it would take to make each one. Thought I could mass produce them but that is why they'd have to be expensive. They take a lot of time and materials.
Thanks for your interest.
Posted 06 August 2006 - 09:21 PM
Posted 07 August 2006 - 07:23 AM
Posted 19 December 2011 - 05:37 AM
Posted 20 December 2011 - 05:17 PM
Ive struggled so much with pricing of my jewellery and most of the time underprice. I dont know if one could ever recover the cost for the time spent making their product. Still a very enjoyable craft, which I thank GOD for leading me into.
Cleo, how long does it take you to complete a necklace? I think crafts like that are very relaxing. I have made alot of beaded Christmas ornaments and enjoyed doing it. Have so many that I haven't done any last year or this year! Sometimes I give some away...like today to the young lady that brings my mom her Meals on Wheels.
Posted 16 January 2012 - 02:45 AM
Posted 17 January 2012 - 04:15 PM
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