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| Phyllis Serbes |
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How to Price Your Crochet ItemsRead this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Selling Your Crochet and other Crochet topics. How to Price Your Crochet ItemsIf you've decided to take the plunge and sell your crochet, one of the first things you want to think about is how to price your items. You don't want to price them too high so that buyers are scared off, but you shouldn't price them too low either (after all, you are trying to start a business and should be compensated for your skill and creativity). You should do some searching to see if others are selling similar items and how much they are charging, but a rough way to calculate how much to charge is to add up the costs of all of the supplies that you used to create the item and multiple by 3. This will give you a good starting point from which to adjust up or down depending on the market for your goods. Comments7/6/2010 1:45:49 PMpattie holliday said: This is exactly how I price my items. I didnt know other people used that rule. I didnt wont to price things to high so this worked out about right. 10/30/2010 7:46:44 AM Renee said: Was looking for an Idea how to price my afghans' I want to sell at craft shows.Think I found my answer.Thank-you. 2/19/2011 11:01:42 AM Lia said: I dont think this will work for my doily granny square project. The crochet thread is inexpensive but there is a lot of labor that has gone into this piece! Response: Good point Lia! Sometimes there are going to be projects that need to be specially priced to account for the painstaking time, effort and design that went into it. 3/1/2011 11:02:58 PM greg said: I am making a king sized blanket with some red heart soft yarn it is double crocheted i am using three colors jeweltone goulash and a red when it is said and done i will have $150 alone in the yarn will i be able to sell it for triple that Response: Well, it's worth a try, all you have to do is find one customer for it! I'd suggest doing some research into how much handmade king-sized blankets sell for and see how yours compares. Good luck! 6/17/2011 8:34:25 PM martie said: i never knew how to price my stuff...i get a million compliments on my stuff and very few buyers. so i guess im pricing too high...:S Response: I hope this helps! 8/23/2011 1:04:50 PM groovycrochet said: Another way I price blankets, doilies, or other "flat" items is by the square inch x 0.05. This works great for me as it usually costs me about 0.01 or 0.02 for the materials. Response: Great tip, thank you! 8/24/2011 2:12:24 AM azlady13 said: I use the x3 rule and then up it or down it according to the degree of difficulty of the pattern. Response: Yes, that's a great approach as well, thanks. 9/21/2011 11:53:57 AM Kevin said: I have sold some of my items and the price were good. But the blankets that I make I want to be fair in the price. I will try and use the x3 rule and see if it works. 1/8/2012 12:58:57 PM E.J. said: I have been crocheting for years and have sold some of my doilies but have used them mostly for gifts. You mentioned to Lia that sometime you need to adjust the price. I heard from someone who said that a hand crochet doily should be priced a a dollar per inch. For example an 18 inch doily would be $18.00. Response: That's a great rule of thumb. It's also worth doing a little research to see how similar products are priced; if yours is really unique, then you have a lot of flexibility in deciding how to price! 2/5/2012 1:09:49 AM Sunshine Harralson said: i just hate when people say some stuff is to high but they dont understand all the time that goes into each item, the supplies part is not that bad but sitting down and taking the time to make something is what cost (i crochet 12-14hrs a day) Response: You said it!! 4/17/2012 11:01:07 PM Brandi said: I absolutely agree with Sunshine! I don't want to break people's wallets but I spend a lot of my time creating these pieces. I don't want to shortchange myself but I want to be fair. Pricing is where I struggle most, but my husband told me not to worry about it so much since I'm really only doing it as a hobby and for a little extra money. So, I'm really only needing to cover my materials plus make a little profit. I really do enjoy doing it... response: Brandi, your husband gave you good advice! Just try to remember -- We crochet because we love it. And that's where we get taken advantage of! If we can cover costs and make a little extra, then that's not too bad; but, it is still so frustrating ... |
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