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By William T Lasley, About.com Guide to Arts / Crafts Business since 1997

Pricing Your Crafts

Sunday September 9, 2007
When you are calculating your prices, make sure you always include paying yourself! Many newbies and even some veteran craft sellers forget this important part of pricing. If you simply make enough money to cover your materials and do not allow for things like labor, marketing (show fees, Web site, etc.) you may sell lots of crafts, however you will be losing money and hurting your long term growth.

Comments

September 20, 2007 at 7:26 am
(1) Dave Penman says:

The way I determine my selling price is to 1) determine how much per hour my time is worth to me, 2)keep close time by the minute as to how long it takes to make the product, 3)develop a spreadsheet to include production time, material cost, shop overhead, and a % factor to cover miscellaneous matters. Add it up and see if the resulting price makes sense in your marketplace. If not, don’t make the product. I have a form that I use and will be happy to share it.

September 20, 2007 at 11:32 am
(2) Judy Olvera says:

I would love to see that form you use. Can I get you to email it to judyrents05@cox.net.
Thanks a bunch. Pricing has always been my problem area;-)

September 20, 2007 at 11:47 am
(3) Barbara Scicluna says:

would like to see your form could you e-mail it tome @ bscicluna@yahoo.com thank you

September 20, 2007 at 2:30 pm
(4) Marilyn says:

I would like to see your form. Could you email it to: mjdavis@dixie-net.com? Thanks Marilyn

September 20, 2007 at 2:49 pm
(5) Perry Bondhus says:

I would also like to see the form, could you pls e-mail it to me also, Thanks, Perry “The Wooden Eagle” pls e-mail to pjbondhus@yahoo.com www.thewoodeneagle.com

September 20, 2007 at 4:23 pm
(6) Pam says:

Hi! Please email your form to me as well! NiceNRG@aol.com
I’m glad to know that I’m not the only one out here who has problems with valuing my time and products!
This might also help my comedian husband as well, since we create his CD’s and DVD’s that he sells after his shows.
Thanks for sharing your idea/form with us! :)

September 20, 2007 at 9:30 pm
(7) Donna says:

I, too, would love to see the form. My email address is: rbbrstmper@aol.co
It’s so nice of you to share this with others………..thanks!
Donna

September 21, 2007 at 12:39 am
(8) Catherine says:

I would really appreciate a copy of the form you use to calculate pricing. It is very nice of you to make this available to others. My email address is: clawson84@comcast.net
Thanks, Catherine

September 21, 2007 at 1:10 am
(9) Brenda says:

Hi Dave .I would like to recieve a copy of the form also.My email is bkzerby1935@verizon.net
Thank you very much!

September 21, 2007 at 8:46 am
(10) Deborah says:

Hi Dave! Me too! Please email your form to mywomanfromtokyo@earthlink.net.
Thanks!

September 22, 2007 at 2:25 am
(11) Jolin says:

Hi Dave!

I’d like to have the form, too!

Thanks! =)

fresh_moments@hotmail.com

September 23, 2007 at 9:55 am
(12) michelle says:

I’m jumping on the wagon too. Can I please get a copy of your form? please email to sscreations@newnorth.net
Thank you so much!!
Michelle

September 24, 2007 at 2:34 pm
(13) Anesha says:

Dave, Pass the form to me, too!
Thanks
captivating@hotmail.com

September 24, 2007 at 3:36 pm
(14) otter says:

I too would love to have that helpful tip e-mailed to me.

Thank you in advance.
Otter
cheapandproudofit@hotmail.com

September 29, 2007 at 2:30 pm
(15) Jim says:

Dave, I appreciate you making this form available to everyone. Very kind of you. If you would, please send me a copy as well. jemiddaugh@yahoo.com . Thank you very much.
Jim

October 1, 2007 at 8:21 pm
(16) Joy says:

You can chalk me up as another one who love to get a copy of your form. Please e-mail it to bleufyre23@yahoo.com. Thanks so much for sharing! May you have resounding success in all you do!

Joy

October 1, 2007 at 9:13 pm
(17) Jessica says:

dave, can you please send me the form also? my email is bella-leababy@hotmail.com.
thanks for sharing!
jessica

October 28, 2007 at 11:16 pm
(18) Terri says:

Dave, I would also appreciate a copy of your pricing form. My e-mail is tcopher1@peoplep.com

October 28, 2007 at 11:18 pm
(19) Terri says:

Oops, my correct e-mail is tcopher1@peoplepc.com Thanks in advance.

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