Thursday, November 4, 2010

Prices Tips - what you charge for your crafts

Now you want to sell your crafts, your decision is as big as you do a lot for a fee. There are many formulas, such as guidelines, but remember, ultimately it is up to you how much you want to pay.

A formula that I use is as follows:

1. Decide how much you paid per hour of work to do if your "job".

2. Then multiply that hourly rate by the number of hours per week to devote this "job"

3. Take note of thisFIG. This will be your weekly wage. So if you have 10 dollars per hour must work 40 hours per week labor costs would be $ 400th

4. Now you have to make the total cost of care is necessary to create a finished product to be calculated.

5. Then see how many products you can make in a week.

6. So multiply the cost of supplies per unit for the number of products make in a week. (If the material cost per unit is $ 2 and a possible 100 productsWeek, the figure would be $ 200.00)

7. Now add the number to his weekly wage. (In our example, that would be $ 400 + $ 200 = $ 600.00

8. Now divide this number by the number of products that are produced in a week. So $ 600.00 labor / materials to finished products divided by 100 a week will be € 6.00 per piece.

9. If the wholesale product, you then multiply the number of two per side. This would then give a sale price of $ 12.00 perPiece.

If the resulting price you get is more than a similar product on the market, you need it, reducing the price per hour. It is possible, using less expensive materials or less, a total perfectionist, and it increases the production time. This concept goes both ways. If you see that your price is much less than similar products, which do you increase the price.

Just a little advice:

Suppose you make a handmade greeting card. If youUse tape to keep your card together, remember that you do not need the entire 1000 tablets for a card that you do, you need to calculate how many cards you need and divide by the total cost of the package tab 1000. This also applies to the embossing powder, how many hand-made greeting cards can be done with a container of powdered relief, the same goes for stamping pens, glitter, etc.

* And the final cost for each piece that we found it was only for work andMaterials. You may also consider in this price, the cost of marketing the product. This may indicate a price for your craft, online sales, web pages, etc.

With all the price information that was only for a split, just remember:

Have a great day and do not forget to leave time job!

No comments:

Post a Comment