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Topic: How much should I charge for this hairbow?  (Read 2054 times)
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pharmgirl
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« on: October 05, 2009 02:51:48 PM »

I just started making hair bows.  I've been making them for friend's little girls to test out for me.  But, now I am getting orders from moms and don't know how to price them.  This is a monogrammed bow made with 1.5" ribbon and measures about 4.5" wide.  One mom told me she would pay $7.00 for one, which I think is great.  What do you think?  Thanks for your input.
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lorizathm
« Reply #1 on: October 05, 2009 08:22:56 PM »

Well, I think they're adorable. This is how I normally price stuff which may not work for everyone. I think about how much it took me to make the item (materials) and make sure that factors into my final price. Plus, labor. Sometimes it might take me two hours to make something and when you add materials to it, the final product ends up being too much money. I mean, I wouldn't spend twenty dollars for a pin cushion, ya know? So, I try to figure out how many I need to make in order to reach that price point I want.  

 I would recommend this article over at etsy, it can explain things much better than me. In fact, I've been looking over all their articles and such lately. Even if you don't sell there, they're very informative.

The pricing articles are here: http://www.etsy.com/storque/search/tags/art-of-pricing/

Hope that helps some. Smiley

Edited to add: So, I guess I didn't answer your question. I would pay $7 for that but I like the added monogram and such...I would probably pay as much as $12 for it. I have a little girl myself so cute hair bows ...yeah, they're a must. lol I guess it all depends on what feels good to you, ya know?

One more thing: I like the packaging or the polka dotted thing the hair bow is on, so that plays into things. It looks more professional and such.
« Last Edit: October 05, 2009 08:35:36 PM by lorizathm » THIS ROCKS   Logged

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Lo{ve}
« Reply #2 on: October 05, 2009 08:35:14 PM »

Well i just did a quick search and these are the first three sites i came up with for monogrammed hair bows. they range in price from 10-15 depending on size/retailers. i think around this would work nicely!

http://cutiepiebows.com/catalog.php?item=1027&catid=46&ret=catalog.php%3Fpage%3D1%26category%3D46

http://www.pictureperfecthairbows.com/monogrammedbows.htm

http://www.abbedesigns.com/home1.html
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