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How To Price Handmade Items

10,785 views March 2, 2020 20:10

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ChannelZebrano Wood Craft

Description from the creator

How to price handmade items to sell online, at craft fairs, in person or anywhere you like. This video will show you two formulas to help you sell handmade products.

This video is for jewellery designers, ring makers, wood workers, wood turners, blacksmiths and crafty folk in general. It's impossible to come up with one size fits all a pricing strategy for handmade items but here's my best advice.

No matter which formula you use just ensure that your products are priced fairly to you, your customer and the market in general!

Formula 1:
Material and supply cost + Labour + Overheads + 100% Profit + Selling fees + postage.

Formula 2:
Cost + Labour + Overheads x2 = Wholesale
Wholesale x2 = Retail

Download my "Guide To Making Bent Wood Rings" here:
eepurl.com/btZpJv

If you're interested learning more about ring making then check out my course "Next Level Wooden Rings":
bit.ly/2rCxSue

Zebrano Wood Craft on Etsy:
etsy.com/uk/shop/ZebranoWoodCraft

About this tutorial

Zebrano Wood Craft published this 20:10 video tutorial on March 2, 2020. It has been watched 10,785 times on YouTube.

Duration
20:10
Published
March 2, 2020
Views
10,785
Likes
499

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