| View previous topic :: View next topic |
| Author |
Message |
Gareth

Joined: 07 Mar 2007 Posts: 3471
Location: Norwich, Norfolk, UK.
|
Posted: Wed Oct 28, 2009 10:46 pm Post subject: I need some advice/guidance. please |
|
|
I need some advice and guidance regarding the pricing of one or two craft items that I have been asked to make and submit to my Church's up and coming Christmas fair.
Normally the stuff that I make and donate goes into the raffle. but this year the fund raising committee are insisiting that I sell my hand-made wares for a fair price.
I have produced almost enough stuff to warrant a stall dedicated to just my craftwork alone, which includes; Baby quilts, present sacks, Lavender bags, and some of my matchstick items.
It is these that I am having the troble assigning a fair price to, and so I was hoping for a little advice and guidance from my fellow OTGer's., without pricing myself out of the market.
Matchstick Crucifix; 125 match matchsticks, approx 9cm, X 4cm, and about 5 hours work over 6 days... ... ... £££ppp?:
[img] [/img]
Screw top matchstick pencil case; 670 matchsticks, 20cm high x 7.5 cm diametre, approx 30 hours work over 2 weeks, and £1 coin holders; 225 matchsticks, 10 cm high and about 11 hours work over 1 week ... .... ....££pp?:
[img] [/img]
all advice welcome. _________________ In Lust, In Like, In Love.
Gareth
"It’s going to take time, a whole lot of precious time. It’s going to take patience and time; to do it right." |
|
| Back to top |
|
 |
kaz Site Admin

Joined: 09 Feb 2007 Posts: 9404
Location: North Wales
|
Posted: Wed Oct 28, 2009 10:54 pm Post subject: |
|
|
I wouldn't have a clue at pricing hand made items like those - the final price never seems to reflect the hours of work put into an item  _________________
 |
|
| Back to top |
|
 |
Bazzer

Joined: 12 Feb 2007 Posts: 12056
Location: North of the Thames, South of the Crouch
|
Posted: Thu Oct 29, 2009 7:39 am Post subject: |
|
|
Why not price by size?
Small £5
Medium £7.50
Large £10
Bearing in mind the price does not reflect profit for you but a donation to the cause. _________________ Still at the Bar, still on me own, still moaning and still a miserable Old Git.
http://www.helpforheroes.org.uk/ |
|
| Back to top |
|
 |
BorderReiver

Joined: 27 Aug 2007 Posts: 314
Location: Norfolk
|
Posted: Thu Oct 29, 2009 5:57 pm Post subject: |
|
|
Time x minimum wage? _________________ Mike
The more I see of my fellow man the better I like my dogs. |
|
| Back to top |
|
 |
Gareth

Joined: 07 Mar 2007 Posts: 3471
Location: Norwich, Norfolk, UK.
|
Posted: Thu Oct 29, 2009 7:08 pm Post subject: |
|
|
| BorderReiver wrote: | | Time x minimum wage? |
Yeah, I have thought about that, but it prices me well out of the market place ..... ..... ..... and I usually charge £35 per hour for my labour.
Have thought about charging £1 per hour for these craft items, when they are on the fund raiser stall. So a Crucifix is £5, and a pencil case £30, which I think is a real bargin. _________________ In Lust, In Like, In Love.
Gareth
"It’s going to take time, a whole lot of precious time. It’s going to take patience and time; to do it right." |
|
| Back to top |
|
 |
Eschra

Joined: 15 Jan 2008 Posts: 973
Location: West Yorkshire
|
Posted: Thu Oct 29, 2009 10:09 pm Post subject: |
|
|
Don't forget to ensure whatever you prices also is realistic to the amount you also spend on materials.
You don't want to make less than you paid to make it - yes I have seen it done
You can go on that then add a sensible percentage on top as an alternative method - often the bigger the item the less profit level I expect if that makes any sense?!
For instance if something small cost £3 to make it wouldn't be unreasonable to ask £4.50 (50 percent profit) but £7.50 (150% profit would be a little cheeky)  _________________ Real smallholders wear out rather than burn out; rusting away is negotiable. |
|
| Back to top |
|
 |
Bazzer

Joined: 12 Feb 2007 Posts: 12056
Location: North of the Thames, South of the Crouch
|
Posted: Fri Oct 30, 2009 6:37 am Post subject: |
|
|
Only problem I see in an Hours/Materials related costing is would the average punter at a Church Fayre shell out thirty squids for a pencil case, excellant as it is? _________________ Still at the Bar, still on me own, still moaning and still a miserable Old Git.
http://www.helpforheroes.org.uk/ |
|
| Back to top |
|
 |
green man Moderator
Joined: 19 Jun 2007 Posts: 6089
Location: Herefordshire
|
Posted: Fri Oct 30, 2009 1:39 pm Post subject: |
|
|
I fear you are right Bazzer, the 'match stick made' is a skill from the past and seldom appreciated by anyone these days. Like most things involving skill India/China have the labour and ingenuity to out strip us all.
Better ask yourself what would I buy if I had thirty pounds spare, afraid pencil case wont be on the top of many lists.
How about you turn it into a raffle stall, spread the liability that way, and the table will be cleared at the end of the day!  _________________ What you give in wishes you receive 7 fold .
What is in your heart will grow there. |
|
| Back to top |
|
 |
BorderReiver

Joined: 27 Aug 2007 Posts: 314
Location: Norfolk
|
Posted: Fri Oct 30, 2009 7:47 pm Post subject: |
|
|
| green man wrote: | I fear you are right Bazzer, the 'match stick made' is a skill from the past and seldom appreciated by anyone these days. Like most things involving skill India/China have the labour and ingenuity to out strip us all.
Better ask yourself what would I buy if I had thirty pounds spare, afraid pencil case wont be on the top of many lists.
How about you turn it into a raffle stall, spread the liability that way, and the table will be cleared at the end of the day!  |
That's why we're in the financial mess we're in, skills are no longer valued.
Engineers have no social standing and industries using manual skills aren't "sexy" in modern Britain.  _________________ Mike
The more I see of my fellow man the better I like my dogs. |
|
| Back to top |
|
 |
jinxy
Joined: 12 Nov 2009 Posts: 7
Location: S.Wales
|
Posted: Thu Nov 12, 2009 11:31 pm Post subject: |
|
|
you cannot place a modern profit margin type cost on hand crafted items (material cost +labour+energy ) leave that to mass production
You have to look at what you have created and decide what you think its worth and what you lose in monetary gain can be made up with look in the eye of the buyer and the knowledge that your hand crafted piece will be appreciated and cherished  |
|
| Back to top |
|
 |
|