A Crafts Community For Craft Ideas & DIY Projects - Craftster.org
Help | About | Contact | Press | Advertise | Terms | Site Map
Welcome, Guest.
Please login or register.
Random Tip: If you see a project that you think is awesome and deserves to be a featured project, you can click the THIS ROCKS button to nominate it!
Total Members: 300,926
Currently Running With Scissors:
410 Guests and 2 Users
Home Craftster Community Crafting Articles Craft Tutorials My Craftster Crafting Calendar City Guides Craft Shop


Pages: [1]
Jump to page:
  Show Images Only     Send this topic  |  Print  |  Bookmark  
Topic: Pricing question  (Read 521 times)
Tags for this thread:  Add new tag
Share the love... Pin it Submit to reddit add to Wists
1+
 
Star217
« on: September 12, 2008 09:08:28 AM »

Hello there everyone, long time no post. Sorry about that been a busy gal.

Anywho I have a question that maybe you all could help me with. A contact has asked me to spin some yarn for a yarn shop that she is working with and she wants to know how much I charge per pound of fiber. What would you think is reasonable, this would be a wholesale order and I don't want to overcharge a friend but I also don't want to undercharge and not get a fair price. The fiber is a quality fiber with cashmere (which I would totally spin on my own) and I'm lost with regards to what to do.

Thanks for your help  Grin
THIS ROCKS   Logged

Unable to leave good enough alone!
My Store
http://stickyfingers.etsy.com

My Blog
http://stickyfingerscrafts.blogspot.com
mullerslanefarm
www.mullerslanefarm.com
Offline Offline

Posts: 2551
Joined: 02-Nov-2007

Fiber Enabler


View Profile WWW available for personal swaps
« Reply #1 on: September 12, 2008 09:41:43 AM »

Star,
There are various ways of pricing yarn.

One is to go by the cost of your fiber used (don't forget to include any shipping charges and a surcharge - usually 20% or more)  as a base cost.

From the base cost you can triple it for your time spent to spin it.

You could track your time spent spinning this yarn and charge by the hour and add it to your base cost.

You could start with your base cost and charge so much per yard (usually .15 - .20 or more per yard).  After all, it takes much longer to spin a pound of lace weight than it does to spin a pound of bulky)  If you use this method and you ply the yarn.  Take the charge on the length of your single and charge higher per yard.   
THIS ROCKS   Logged

Cyndi

http://www.mullerslanefarm.com
Our Lessons in Homesteading
Star217
« Reply #2 on: September 12, 2008 10:40:35 AM »

Ohh I should clarify. I will not be purchasing the fiber, it will be sent to me, I will spin it and send it back. I'm essentially only putting in labor/time as my resources. I will be spending no cash for this endeavor.
THIS ROCKS   Logged

Unable to leave good enough alone!
My Store
http://stickyfingers.etsy.com

My Blog
http://stickyfingerscrafts.blogspot.com
mullerslanefarm
www.mullerslanefarm.com
Offline Offline

Posts: 2551
Joined: 02-Nov-2007

Fiber Enabler


View Profile WWW available for personal swaps
« Reply #3 on: September 12, 2008 10:51:03 AM »

Then ignore the cost of the fiber ....

Charge by the time it takes you from start to finish, or charge by the yard.
THIS ROCKS   Logged

Cyndi

http://www.mullerslanefarm.com
Our Lessons in Homesteading
Star217
« Reply #4 on: September 12, 2008 11:32:34 AM »

But what would be a reasonable amount, I know how I price my individual skeins but this is a large order with no overhead. Would say 50 bucks a pound be way off?
THIS ROCKS   Logged

Unable to leave good enough alone!
My Store
http://stickyfingers.etsy.com

My Blog
http://stickyfingerscrafts.blogspot.com
natashafatale
Offline Offline

Posts: 393
Joined: 11-Nov-2004

HQ, my hat looks like a muffin. Over.


View Profile WWW
« Reply #5 on: September 12, 2008 12:23:23 PM »

That doesn't sound unreasonable as a starting point, but then again you haven't said how you plan to spin it. For a pound of bulky, you'd be getting paid well, but for a pound of laceweight, you'd be getting less than sweatshop wages.
THIS ROCKS   Logged

* * Gritty Knits! * *
Handspun yarn, spinning fiber, stitch markers & knitting accessories
Star217
« Reply #6 on: September 12, 2008 12:31:56 PM »

True, I think I should ask for more details before I set a price quote. Thanks for the input ladies, and if anyone else has anything to add please pipe up. I know money and wages are a taboo subject but if more people were open to discussing what's fair and what's honest then I think fiber artists would be better off.
THIS ROCKS   Logged

Unable to leave good enough alone!
My Store
http://stickyfingers.etsy.com

My Blog
http://stickyfingerscrafts.blogspot.com
Threads you might like:
Pages: [1] Jump to page:
  Send this topic  |  Print  |  Bookmark  
 
Jump to:  



FacebookTwitterPinterest
only results with images
include swap threads
advanced search



your ad could be here!

How-To Videos
How To Make a Memorial Vase Arrangement
How To Make a Bow Using Double Face Wired Ribbon
How To Make a Monument Saddle Arrangement
How To Decorate a Plain Ivy Swag
How To Make a Bow Using #40 Satin Ribbon
Latest Blog Articles
@Home This Weekend: Chalkboard Wine Glasses
Handmade Gift Ideas: Wooden Chain
Handmade Gift Ideas: Upcycled Car Trash Bag

Comparison Shopping




Support Craftster
Become a
Friend of Craftster

Buy Craftster Swag
Buy Craft Supplies
Comparison Shopping

Craftster heartily thanks the following peeps...
Moderators

Follow Craftster...






Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
SimplePortal 2.3.5 © 2008-2012, SimplePortal
Valid XHTML 1.0! Valid CSS!

Copyright ©2003-2014, Craftster.org an Internet Brands company.