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Topic: Pricing help on batik  (Read 960 times)
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xTroublex
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« on: May 20, 2012 04:18:23 PM »

Hey there!  I made a few pieces of batik for donation, and I've been asked to include a price as a basis for a silent auction.  So I'd like some opinions, whether actually calculated or what you would pay.  Either would be helpful.

Materials:
4 pk Flour Sack Towels (38 in x 32 in) - $9.99
4 pk Dylon - $11.96
2 bottles Elmers Glue - $1.98



And a close up of one of the lotus flowers



There are three more, in varying colors not yet washed.  They are all 38 in x 32 in and cotton.

Thanks for looking!


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Onyxnox
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« Reply #1 on: May 20, 2012 06:30:42 PM »

Can't help with the pricing, but those are so pretty!
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« Reply #2 on: May 20, 2012 07:55:36 PM »

In addition to your materials, you need to get paid for your labor.  Decide on an hourly rate and multiply that by how long it took you to make the towels.

So for example:  You decide your time is worth $10 an hour.  You spent 30 minutes perfecting the design, an hour and a half applying the resist to four towels, 30 minutes dyeing and rinsing, and another 30 minutes drying and ironing.  That's a total of three hours work, making $30 for your labor.  Add the cost of your materials (don't forget the tax you paid, but for this example let's just round up the marked prices), $10+12+2 = $14.  The total value of the finished towels would be $44.00  (Many professionals will also double the cost of their supplies, though I'd be more inclined to pay myself a higher wage: I think majority of value is in the creative time, effort, and skill it took to create the item.)
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Subee
« Reply #3 on: May 21, 2012 05:44:20 AM »

That's not strictly true. If it was, I'd have to charge about $800 for my Mayan calender.
Ultimately it comes down to what you think it's worth and what you think others will pay for it. 
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« Reply #4 on: May 27, 2012 08:50:19 AM »

Are you selling them separate, or as a set? You'll never get full price, but people are usually willing to plunk down at least $20 for just about anything at these auctions. Your goal, then, is to price each or the set high enough to get back $25 and still give the donors an idea they're getting an incredible bargain. A single can be priced at $45 and a set can be priced at $75-80 with minimum bids at $20. The rule of donation giving is that you don't want to spend too much making anything because there's no guaranty people will be generous.
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