How do you go about pricing your crafts?
When you create something to sell do you charge by the hour? How much do you charge? Do you feel as though you don't charge enough?
I charge for a craft by how long (hours) it takes me to make it and by the cost of the materials I made it with. My charge is usually low around $3.00 hour. I find if I charge more it may not sell. Sometimes It does feel like it's not enough if it is something difficult to craft..
I take into consideration how much time i put into it, the materials i used, then i try to gauge it against other similar stuff i see for sale. Sometimes i charge more, sometimes less than other things but i think there are a lot of factors that go into pricing.
I also go by how much everything costs and how long it takes to make. Sometimes I do feel like I don't charge enough but if I didn't sell it at all then I would be losing money, so I am Lenient when it comes to pricing my crafts.
Here is a great article on how to price your crafts. http://magneticmoon.com/blog/2012/02/07 … ted-items/
@myawn-Would you work for $3.00 hr in the work world. Then why would you only charge that to do your crafts. You are worth at least minimum wage!
I myself charge $20.00 an hour for my sewing projects. That is the going rate for a seamstress in my area. Some charge more.
I do Victorian clothing reproductions, and I get the money I ask for, or I don't sell it. I am not selling myself short...otherwise, I am not really making any money.
www.thorntonsquare.com is my website, if you would like to check it out.
I charge by what it's worth to the consumer, and by what other similar pieces are selling for.
Of course I forgot to use the make a Hub about it button, but I wrote a hub about this topic.
http://randomcreative.hubpages.com/hub/ … -Wholesale
I think about 20-40 % of the total amount you spend on the materials. For more info and supplies go to http://corkboardsheets.com
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