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Topic: Price advice?  (Read 845 times)
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CheshireNat
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Most days I just want to have adventures.


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« on: April 15, 2010 09:26:30 AM »

I need some definitive advice about the prices for my wallets in my Etsy shop: http://CheshireNat.etsy.com

I've had friends (and customers!) tell me that I should raise my prices because of my craftsmanship, but a lot of my competition charges far less than I do (though, for wallets with fewer pockets, no ID slot etc.) and I've noticed that the items I put on sale have been selling like hotcakes.

So, should I raise my prices? Lower them a little bit? Keep them the same? How much would you all pay for one of my items?

Any advice would be incredibly helpful!!
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CheshireNat Designs: excelling at cuteness since 1983
http://cheshirenat.etsy.com
imera
« Reply #1 on: May 14, 2010 02:38:28 PM »

I love the idea of duct tape wallets, don't think I would buy any because I have loads of them, my family seem to think I need one every year.

I think your craftsmanship is pretty good, but I try to stay realistic, it is duct tape, it's cheap, but of course it takes time to make the wallet. You could try and go up 5 $ and see if they sell, or even more. If it takes a longer time to sell or they stay in the shop then just add the tag "SALE!" everyone loves sale.
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crafty gurll
« Reply #2 on: May 21, 2010 10:22:57 PM »

If they are selling, that's a great sign.  Sell a few, get a client base going, then raise a few bucks and see what happens.

And I'm lovin' the Bret wallet!   Wink
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