help with pricing

hey! i’m going to start selling to a local store and i’m having some trouble figuring out a pricing model. i don’t know what to charge for the mid-sized pieces that use up a lot of material and take a lot of time and effort for me to make. any suggestions?




11 Likes

They’re really cute! People tell me that I don’t charge enough when I sell my stuff, so I cant really help in that front :sweat_smile:

2 Likes

I don’t charge off of size, so I’m not sure on that front.
The way I price stuff is time + materials + sales tax.
I try to charge at least minimum wage but I do go lower or higher sometimes

3 Likes

Hi! I’ve seen many different ways of pricing, so it really comes down to what makes you most comfortable!
Lately for example I heard of a method that I think made a lot of sense: the person talking about it charged 0.01€/$ (so basically a cent in their currency) for each stitch, so by calculating the total number of stitches they would have the base price; then they would add the cost of materials and extras (like 1-2€) depending on complexity, and, lastly, taxes. I don’t sell myself but I would love to one day and I think I would use this method!
Another method is to charge by time spent on a given item, so usually it’s minimum wage per hour spent; I find this one a little trickier because tracking time is not always that easy and crocheting speed is not always consistent in time. :slight_smile:
Hope this was helpful!

4 Likes

Just a suggestion, but I would probably land around $25-30! I usually go on Etsy and look at the prices of similar products and thats what I tend to find

3 Likes

Let me just start by saying that octopus is sick as hell! But I’d say for the first two probably $10-$15 and then the last couple $15-$20+. If you notice you aren’t selling tho maybe drop a couple dollars or like say they’re discounted or include small freebies!

1 Like

yes i was thinking $25-$35 for these ones, but they’re smaller since the yarn is thinner and sometimes people are iffy spending that much on smaller polishes even though it’s just the gauge that’s different!

3 Likes

15$ for the first two and 25$ for the second two! But I prob have a dif currency than you

2 Likes