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Topic: Am I undercutting?  (Read 701 times)
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eat_agar
« on: September 24, 2008 06:21:23 PM »

I have an etsy shop where I sell my handspun yarn (mostly art yarns) and a few hanknit things. I'm new and I'm not in it to quit my day job or anything, just to be able to buy more fiber and fund my habit. I've been thinking about using a formula to price my yarn and I've seen other spinners charge things like $16 for the labor plus materials, but these are pros. Is it fair to classify myself as an amateur? What would you charge, but also what is your cringe point for the price of yarn?

(Also, how's my site look?)
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CraftyChef
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« Reply #1 on: October 05, 2008 05:14:49 AM »

I'm a believer in charging by skill level, but the idea is not to STAY there. As your skills go up, so should the money you make.

'Fraid I don't know the value of yarn. My daughter The Precioussss, though, has recently been yearning for expensive hand spun/dyed. When she can eventually afford it, she will pay whatever price she has to. The thing is, when you buy expensive yarn for something you sell, your product price should reflect that, so for a commercial purpose I don't see a problem.
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« Reply #2 on: November 06, 2008 01:31:06 PM »

How long does it take for you to spin (think that's the right word?) yarn, and/or dye or paint it?  How much do you make an hour at your day job (estimate, if you're salaried!).  Take those numbers into account when you're pricing stuff!
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