Comments on: What are good tips for pricing my home made crafts and beaded jewelry?

By: Bead Collector

Bead Collector — Mon, 01 Jun 2009 11:00:59 +0000

Depends how long it takes your time, and material cost. Than calculate them together. Check on internet , how much ppl want to buy for it. That most important!
References :
http://www.mybeadpoint.com

By: PiggiePants

PiggiePants — Mon, 01 Jun 2009 10:25:59 +0000

If you want to break even, you have to charge at least the cost of supplies to make the item. If you want to make a profit, you have to add the cost of your labor in making the item. So if supplies cost 5 dollars and you spent two hours making something, and you want to get at least 5 dollars an hour for your time, then you have to charge 15 dollars. Of course, items with more expensive components, and those that take longer to make will cost more, and may not sell as easily.
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By: t-shirt guy

t-shirt guy — Mon, 01 Jun 2009 09:45:59 +0000

You could always just price as the same as the competition but since they are hand crafted you want to really promote that. Take the cost of materials and your time to make a piece (example $2. for material and $5. for your time to make the piece) depending on how you will sell it you will have to put a percentage on as the cost of doing business. rent on line website etc.
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By: Whit

Whit — Mon, 01 Jun 2009 09:39:59 +0000

Well, if you didnt make them and you were buying them, how much would you be willing to pay for them? Think about how much people will be willing to spend on them. From there, think about how much you are willing to sell them for in order for you to make a decent profit.
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By: Kay.

Kay. — Mon, 01 Jun 2009 09:11:59 +0000

See if you can get a stand at a festival or something like that. Its almost summer there will be a lot of those
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