Pricing help.

[Sparkey]

What would you sell this bowl for? It is made of pine. It is 14.5 inches in diameter.

[amazingkevin]

What would you sell this bowl for? It is made of pine. It is 14.5 inches in diameter.

What a beauty,No idea, sorry

[amazingkevin]

What would you sell this bowl for? It is made of pine. It is 14.5 inches in diameter.

What a beauty,No idea, sorry

[Lucky2]

Rusty, you probably will end up selling it for not near what it's worth. I found that this type of bowl gets lots of attention, but, they are very poor sellers.

Len

[JTTHECLOCKMAN]

Have you sold other things?? If so compare it to those. Time wise and material. I am sure you know by now every one is different in location and venue. 

[LarryEA]

Rusty, I'd sell it for a sonnet...

I don't know. I cut one that still sits. I priced mine (two different wood) at $25

One thought is to add it  as a bonus, IE: "Customer buys something for $50 and they get bowl as a bonus"

[Phantom Scroller]

I sell mine for £12 in ply at least £15-20 for real wood. Roly

[hawkeye10]

What would you sell this bowl for? It is made of pine. It is 14.5 inches in diameter.

I can't answer your question but I would think pricing would have to do with the quality of the craft fair you are at. In other words if you were at a craft fair that everyone was selling their wares for a high price you could to.

[WayneMahler]

Pricing work has always been an issue. Great job cutting and assembling the bowl. I'm sure from experience that you'll not get what it's true value is. A lot of people don't understand what time is involved in creating items. 

[DWSUDEKUM]

A lot will depend upon where you are going to try to sell that and how much competition you have from other vendors that sell handmade wooden bowls and baskets, however in general $ 25 or there about would be a good starting place.  You can always adjust the price if need be.

 

DW

[Jim Finn]

I sell a lot of scrolled items and my opinion on pricing is this: 

 

      It all depends on why you want to sell it.  If you want to sell it to make room for your next project, (like I do) price it to move quickly.  If the reason to sell an item is to be able to take pride in your skill and think of how well you did, price it high.  (Stay under $100 though.)

     What ever price the market will bare. The buyer usually does not care how long it takes to make an item.

[ike]

I made 2 , 2 or 3 years ago and sold 1 last week for $3.50, a give away.

IKE

[munzieb]

This a really interesting topic! After reading your posting I decided to do some searching on the web. There are a lot of topics on craft pricing with various formulas.

The question is this a hobby and are off setting your cost of what you make or are you trying to make a living income from your hobby? The general consensus, from what I've read, is that in most cases, crafters underpay themselves for their time. The average, over various sites, is somewhere between $10-$20 an hour.  Add in the cost of materials plus 10-15% for incidentals (booth space, displays, travel etc.) They then identify wholesale price as twice the cost and retail cost, twice that number! If you are not off setting your costs... its a hobby. I don't necessarily subscribe to that formula but in almost every case these articles have been written by people who have turned their craft or hobby into a successful business. They all offered up that it will depend on the venue where the product is being sold, flea markets, craft fairs, gift shops or online but stress that the seller needs to up sell on the products uniqueness or quality or detail. Many suggested adding a card with the makers bio and material used to enhance the perceived value of the product. Rather than it being just a novelty, it is viewed more as an heirloom to be treasured.

I am far from an expert on this topic but it's important to understand that research and talking to successful crafters of similar arts will give you the best information on pricing and selling your products.

Happy Scrolling!

[ike]

I try to price what the area will pat some times I only made $5 per Hour but on other i make $20 per hour . if I make something that a customer wants wheather I make $5  or $20 per I am happy

IKE

[Lucky2]

Rusty, for a bowl like this, I would price it out at $25-$30. If I can't get what I want for an item, it will be set aside and used as a gift by my wife later on. She's always getting invited to parties, and she likes it that she doesn't have to shop for a gift. She hasn't had anyone who didn't just love their gift, people around here place a high value on anything that is handmade.

Len

[heppnerguy]

For me the wood would be of no cost asi get a lot of my wood for free. Then around a quarter for the blade to cut it. Probably another Dollar for sand paper, glue and finish. So cost I under $2.00. So I would put about $15 on mine. If they sold well I would keep them there because that seems like a good mark up that works. If it did not sell, I just wouldn't mess with them. That is my philosophy. Only thing different would be if I wasselling it on my Facebook page I would price it at $23 to pay for the postage.

 

 

Dick

heppner

[jamminjack]

Hey Rusty

 

This is a very sore subject to say the least.  First of all your bowl is very professional looking and shows your craftsmanship. Well done my friend.  As many villagers have stated before me the venue sets the pace. That being said here is my 2 cents worth. Never forget that this piece and all of our works are HAND CRAFTED

[jamminjack]

Sorry I hit the wrong button and didn't finish what I wanted to say. 

Again they are Hand Crafted, and  special in their own right.  It is true that it is so hard to get what they are truly worth but don't sell yourself short. Below is a quote that

I saw on the Internet by a accomplished wood worker.  He hung this sign up in his booth and he swears by it. It has stopped the haggling of prices, and educated the buyers

at just what goes into our craft.  It reads as follows:

 

" When you buy something from a wood worker you are buying more than an object,

 

you are buying hundreds of hours of errors and experimentation.

You are buying years of frustration and moments of pure joy

You are not buying just one thing, You are buying a piece of a heart,

and a small piece of someone else's life.

 

I personally like this saying, I feel we all sell ourselves a little short when we price our work. True it is a fine line of selling and pricing right. But lets all remember

for the most part, the item you are selling you are not going to go down to the local Wal-Mart and buy.  Its one of a kind, its hand crafted, and you are not going to

find it anywhere but at a craft show.

 

That's my 2 cents worth. 

Have a blessed day

Jack

[JTTHECLOCKMAN]

That is true Jack and it is part of my selling speech as I do my shows. Some people get it and others not so much. They just see the bottom dollar. I have been doing it for over 35 years now and just have a feel for prices and I do not look at hours to make or materials in general. But look at the item as a whole and price it. At one time some 20 years ago crafts were the norm and going to craft shows was the way to sell. Not so much any more. It is a tougher market but we all need to sell things to keep our addiction fed. Good luck to all. 

[Sparkey]

Thanks for all the replys. I am going to give one to a friend for her silent auction for Relay for Life and see what one goes for there.