Pick a directory
- Accounting and Bookkeeping (15)
- Administrative (16)
- Advertise Your Craft Business (19)
- Advertising: Ads on Your Site (9)
- Arts and Crafts Magazines (21)
- Blogs and Blogging (27)
- Build a Website (28)
- Business Materials (11)
- Business Opportunities (9)
- Business Resources (17)
- Copyright (29)
- CPSIA and Child Products Law (10)
- Craft Councils and Related Organizations (32)
- Craft Fairs and Trade Shows (20)
- Directories (5)
- Etsy Tools (21)
- Forums (14)
- Free Tools (15)
- Funding (7)
- Google Analytics (17)
- Handmade Online Market Places (28)
- Insurance (18)
- Interviews (28)
- Legal (9)
- Legislation (6)
- Marketing and PR (35)
- Miscellaneous (14)
- Payment (9)
- Photography (33)
- Pricing (26)
- Resources (3)
- Selling Online (29)
- Selling Tips and Advice (5)
- SEO (11)
- Shipping, Postage and Handling (18)
- Shows for Crafters (2)
- Snark Sites (7)
- Social Networking Tips and Tools (24)
- Software (20)
- Starting a New Business (28)
- Tax (15)
- Video Tutorials (17)
- Wholesale (14)
Pricing Strategy for Handmade Craft Business Products
Getting your pricing strategy right is one of the keys to running a successful craft business - yet this is also one of the most difficult things to achieve. Happily, there is a lot of help and advice available.
Many craft makers will at some time encounter the difficulty of developing a pricing strategy for their products, even if they don't regularly sell their goods.
Obviously there is the desire to earn a reasonable wage from the time spent on the products, taking into account the cost of materials also, however there is also the fear that if the pricing strategy is set too high, potential customers will be discouraged from buying.
There are no straightforward answers as to what a craft business owner should charge, as each business is different, but fortunately there is some good general advice that can at least ensure that a pricing strategy is developed using a rational formula that takes into account all the different aspects that go into the production of handmade goods.
See Accounting for more information about accounting and book keeping.
Pricing Handspun Yarns +tab
If you are thinking about selling handspun yarns, then here are some tips for for pricing
Pricing Handmade Artisan Jewelry +tab
A jewelry maker's insight into pricing artisan jewelry
Maximize Your Price +tab
How to maximize the price that you charge for your handmade items
Sell Value, Not Price! by Don Hutson +tab
Advice on selling value to customers - free to view online or as paid for pdf.
The Art of Pricing: Three Helpful Pricing Exercises +tab
How do you know if you're pricing your handmade work correctly? From Etsy but applies to any online store.
Bead cost calculator by Eni Oken - +tab
A neat little system that allows you to calculate the cost of a bead - essential for accurate pricing.
How to Price Your Handcrafted Jewelry - Deciding Cost, Money, Profit +tab
Tips for deciding what prices to ask for your pieces.
