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pricing

kragbotra | Posted in General Discussion on

I am making some handbags and purses, which are uniquely designed and handcrafted by me. I want to sell my handbags and purses at the arts and crafts fair, but I don’t know how to price them. Is there anyone who can help me in pricing them.

I will appreciate this help.

Replies

  1. NansiM | | #1

    When I was doing this sort of thing, the general rule was to take your materials cost and multiple times 3-4, depending on you market.  Have you been to any fairs like the one you're doing to see what else is out there?  It really helps to know what other crafters are doing esp. at the one you'll be in.  When you see what kinds of prices they're charging (and are they getting it?) it' should give you a better idea.  There are different markets and prices vary more than you might imagine, even for unusual and unique items.  Best way to get your feet wet is to jump in!  Have fun and good luck at the fair.  Let us know how you did.  Around here, there have been some really good ones lately, but still some that have been a complete bust, with only other crafters buying from each other.

    1. kragbotra | | #2

      Thank You Nansi for helping me out with pricing. I will definately go at the fair and check the prices. I will also talk with other participating members. I will definately let you know how the fair was and whether I was able to sell something or not.

      will write you later.

      bye

  2. Jean | | #3

    Why don't you post some pictures of what you are making?
    I'd love to see them and I'll bet others would too.

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