A Crafts Community For Craft Ideas & DIY Projects - Craftster.org
Help | About | Contact | Press | Advertise | Cookie Policy | Terms | Site Map
Welcome, Guest.
Please login or register.
November 17 News: WOW!  Congratulate the winner of DIY Halloween Costumes 2015!
Total Members: 303,794
Currently Running With Scissors:
423 Guests and 3 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: Labour costs?  (Read 1314 times)
Tags for this thread:  Add new tag
Share the love... Pin it Submit to reddit add to Wists
Offline Offline

Posts: 332
Joined: 18-Jun-2011

Professional viking-tamer & bear-wrangler.

View Profile WWW
« on: January 28, 2012 10:43:35 AM »

Afternoon fellow crafty bods.
My apologies if this has been addressed elsewhere, but I need to pick your brains.
Last year I made a plushy pillow monster based loosely on the Mystery Critter pattern for a friend's toddler. His mum and dad loved it (as did the small personage), and now they've come to me with a proposition. Small personage's dad is a camp director at the summer camp I used to work at. His co-directors (and the majority owners of the camp) have decided that they want to give teddybears to the youngest campers this summer, and have asked if I would be interested in making 100 plushies.  I'm beyond stoked at this prospect. However, I have no clue how to put a value on my time. The plushies are pretty easy to make, and the materials are fairly inexpensive (fleece, felt, thread, fiberfill and reclaimed cotton knit from camp T-shirts), however, they're fiddly and time consuming as I machine embroider and applique all the critter's features. I haven't figured out how much time is invested in each one, but I would estimate around 1 - 1 1/2 hours.
This is basically a long-winded way of saying, how much is my time worth? I really don't know how to put a number on that, and would be interested to hear from other craftsters how much they figure their time to be worth when working out selling prices.
Thanks for sharing your wisdom and experience!

Global Moderator
Crafty Business Advice Moderator

Tutorial Contributor

Friend of Craftster Friend of Craftster

I'm a portmanteau.
Offline Offline

Posts: 18675
Joined: 17-Jun-2004

Former Full-time Craftster-er

View Profile WWW
« Reply #1 on: January 30, 2012 02:29:30 PM »

There are a few different pricing options here:

But as far as how much your time is worth, if you have a full-time job, why not price it at the amount you get paid per hour there? If you don't feel like you get paid enough, raise it! 100 plushies is a LOT and you want to make sure you're getting paid enough so that the knowledge of the money you're making outweighs the boredom of making 100 of the same thing. Wink

Offline Offline

Posts: 21
Joined: 13-Sep-2011

The Mad Mage of the Mountains

View Profile WWW
« Reply #2 on: January 31, 2012 01:34:28 PM »

Imagine someone was hiring you to work in a teddy bear factory.  What would you expect them to pay you?  At least minimum wage, for sure, and probably a good deal more.  You ARE highly skilled, after all.  And like jungrrl said, you want to make enough to stay motivated.  It sucks to be halfway through a project thinking you deserve more than what you charged.

Offline Offline

Posts: 2898
Joined: 26-Jun-2005

Am I retired yet?

View Profile WWW
« Reply #3 on: February 03, 2012 01:12:26 AM »

As the biz owner you work on salary, not an hourly wage. You have to set a price for a bear you can live with, then slash it for a bulk discount of 100. Whatever the end price, you're going to make a profit off 100 bears. And of course get your customer to agree to it and pay half up front.

Chris in VT
« Reply #4 on: February 03, 2012 04:00:49 AM »

Definitely half up front. And the remainder upon delivery.
Make up a simple contract as to what is going to happn. You are going to manufacture 100 bears for a total price of x. You are to receive 50% down payment upon signing, and the balance will be due upon delivery. And you must agree to a delivery date.
And both of you sign it and each keep a copy.

There's NOTHING at a craft show, or on Etsy, anybody NEEDS. NOTHING.
« Reply #5 on: March 28, 2012 07:09:43 AM »

I am a professional seamstress for a small company that does concerts etc like lady gaga, and when I did a side job my mother in law told me to charge what I make at Atomic. I make $12 an hour in the state of PA which is pretty decent for seam stressing so I would recommend trying to find a local seamstress and finding out what they charge.

Find everything and anything of whimsy in my etsy
Use code ODDBALL for 15% off!
Threads you might like:
Pages: [1] Jump to page:
  Send this topic  |  Print  |  Bookmark  
Jump to:  

only results with images
include swap threads
advanced search

your ad could be here!

How-To Videos
How to Make Creole Brown Roux Part 5/5
How to Make Creole Brown Roux Part 3/5
How to Make Creole Brown Roux Part 2/5
How to Make Creole Brown Roux Part 1/5
How to Make Homemade Jambalaya
Latest Blog Articles
Handmade Holiday Gift Guide: Kindling Bundle
Handmade Holiday Gift Guide: Kitty Coasters
@Home This Weekend: Rustic Wreath

Comparison Shopping

Support Craftster
Become a
Friend of Craftster

Buy Craftster Swag
Buy Craft Supplies
Comparison Shopping

Craftster heartily thanks the following peeps...

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 ©2003-2015, Craftster.org an Internet Brands company.