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Topic: Pricing - Supplies from stash  (Read 261 times)
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DncingDreamer
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music is what feelings sound like


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« on: September 20, 2019 07:56:32 AM »

I'm trying to reopen my Etsy shop and figure out pricing. The problem is all of the formulas I'm finding involve cost of product. I make 90% of my stuff from stash that I've had for quite awhile. Any suggestions for pricing when "buying" supplies from stash?
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hat-and-bag-lady
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Too lazy 2 work, too honest 2 steal, jst rt to sew


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« Reply #1 on: November 17, 2019 12:31:52 PM »

I'm going to just make suggestions. I don't have any shop, or sales experience for selling my handmade products.
For my "price list " (because people ask), I calculate time spent from 1st cut to last stitch. So my smaller bags are 6-8 hours --ish. Then I multiply that by minimum wage for my province (currently $12-something) ($96 for time) then, add costs of fabric ($40-60). Sometimes, I'll round up to the next $10, other times, I've just arbitrarily decided on a price. My prices are my prices. No, I don't bring them down for family, neighbours, or friends. Seniors, I'll give 10% off.

But, you asked about "shopping from your stash". I think you could find out what the current price of your items are. (In my case, a metre of quilting cotton goes for $10-12/metre.) Suppose, I have some cotton print from 10 years ago: I use a metre, and when asked, I just used the current price. 10 years ago, it din't cost me $10/M, but it's out of print, now. However, I keep track (kind of) the current prices.

I hope this helps, and hasn't confused you.
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A.T. Morel
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