How do i figure out a price for crafts that i make?
I make wood hang up items. I cut the item out on my scroll saw, sand it, paint it, and finish it with a clear coat. I spend many hours making sure each project is perfect. My problem is that i don’t know how much to charge people for the items they want. I don’t want to over charge like most craft items usually are but i don’t want to rip myself off either!!! I can’t figure it out by how much the materials cost cause i buy 10′ boards, and bottles of paint…..which i can make numerous items out of each. PLEASE HELP ME soon cause i have my first craft show coming up!!!!!!
Thank You!!
I understand your dilemma, first of all you need to figure out how many items you can make out of 1 10′ board, then how much does the board cost you, next take the sand paper and paint and do the same thing, you will be able to get your base price from that. Once you’ve reached that then take an amount of money for your time, base it on like 2-3 dollars per hour you worked on each project some might be more than other but should still be very reasonable to the consumer, I love crafts and homemade items but your right some people over charge and it discourages me from buying. I want to wish you luck and hope everything works out for you.
admin on August 29th 2009 in wood craft projects
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