I attended a workshop to learn how to price handmade products last week. The workshop was led by Ryan, one of the BIG sellers of the ORIGINATOR of the scrabble tile necklaces on Etsy. Get to know Ryan a little better in this interview from Handmade Success.
Pricing Handmade Creations
Have you ever wondered what formula to apply when trying to set a price on your handmade creations? Turns out there’s more to consider than you might think. See another blog post about pricing handmade creations.
For example, do you add ‘Production Overhead’? If you work at home, as I, then one must figure in electricity, heating, and workspace into the costs. For our math, let’s use $14.00
Here’s a formula love note based on random numbers.
This handy and easy-to-use calculation form available from Chris Parry is probably the best $7.71 I’ve EVER invested. I encourage you to download it today!
Click the photo
The other big bonus enjoyed from attending the workshop was the opportunity to meet other local Artisans and see their work. It is my pleasure to share with you links to introduce you to these people and their crafts. Just click on the photos and enjoy!
Maureen of Bamba’s Jewelry Realm
Lea from Sophisticated Beads
Ryan from Littleput Books