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Topic: Pricing advice needed *updated with pics*  (Read 924 times)
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« on: October 02, 2012 01:48:24 AM »

Hi everyone
First of all I am hoping I put this in the right place. If not, can admin please advise me of where it needs to be?

So my question today is in relation to how to price my items to put in my Etsy store. I have had items in the store in the past (last year) which managed to get quite a few views, but never managed to sell anything. I am now starting up again, as I am soon going to be off work with a baby, so will have more crafting time, and really need to make some more room to make more crafts Smiley

I have read a lot of articles on pricing, and one of the things I seem to see in all of them is work out your supplies cost, your labor cost and then add what you would like your profit to be on top of that.

My question mainly relates to the supplies cost. I am often able to find materials at very good prices as I shop sales and discount stores. The problem is my supplies are never constant. Although I could make a bracelet now for approximately $2 in supplies, if I had to remake something similar and get the items straight away, the same piece could cost $5 to make.

Which should I base my prices on? And will basing prices on low stock costs make my items seem like they are too cheap to be quality?

Here are a couple of pics of some of the things I have been making, I would love to know what you would want to pay for them

Some of the items grouped together

Any advice would be appreciated Smiley
« Last Edit: October 06, 2012 05:34:44 AM by blackabbey » THIS ROCKS   Logged
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« Reply #1 on: October 03, 2012 02:31:00 PM »

Price to the highest end of your supplies!  I'm gonna move this to the Get Product and Website Opinions board so go ahead and just post your pictures here in this thread if you want! Smiley
« Last Edit: October 03, 2012 02:31:15 PM by jungrrl » THIS ROCKS   Logged

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« Reply #2 on: October 07, 2012 09:12:26 AM »

I see similar stuff on etsy going for $15-25. Depends on the perception of the quality of materials, I think. Stuff with string or ribbon looks cheaper than those with chain. Price accordingly. Forget "hours worked" - you're self-employed, we all work 24/7.

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