Market help pls

I really want to do a market but I don’t know how to price my items and I also don’t know how to find somewhere to do it can someone help me :folded_hands::pleading_face:

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Can we have pics and/or sizes of the items?

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i would suggest making a post of the items (with pictures of them) and then the community can help you! feel free to tag me in that post, as i can provide some insight as well.

additionally, some crocheters use a formula to price their crochet! you can find a ton of videos about this on youtube.

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There are many factors to consider when pricing your products.

The very first thing to consider, in my opinion, is your skill level.

If you are a beginner crocheter and it shows in your products, (ie: tension issues, holes, lopsided faces, arms, legs etc) you need to price accordingly.

If however you are an experienced crocheter and make ‘near perfect’ products, you can price a lot higher.

You need to be honest with yourself here. I’ve seen so many crocheters on this platform state they are advanced crocheters, when in actual fact they are still a beginner.

  1. Expenses: This is how much you spent on yarn, safety eyes, stuffing, etc.

  2. Labour: This is still a part of your expenses, however, is calculated differently. When it comes to labour, how much you charge will depend on how experienced you are. So for example, a beginner might charge $5 per hour whereas an experience crocheter could charge $20 per hour and higher.

  3. Profit Margin: This is how much money you actually made after you deduct all your expenses. You can add it either as a flat $ rate (ie: $2) or as a percentage (ie: 10%).

The price you charge is generally calculated as follows:

Expenses + Labour + Profit Margin = Sell Price

Here’s an example:

If your yarn, safety eyes and stuffing for 1 product was $5, and it took you 1 hour to make and you’re a beginner crocheter charging $5 per hour for labour, and you wanted to make $2 of profit, (also equal to 20%) you would calculate it as follows:

$5 + $5 + $2 = $12 for product

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Thanks I’ll probably make a post then and I’ll tag you if I remember :blush:

Now that you say that I’m not sure of my level and I don’t know what I paid for my supplies but thank you :blush:

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If you show us some photos of your makes, it will give us a better chance of helping you with pricing.

Ok I’ll make a post once I have an example of everything I plan to sell :blush:

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Most market organizers actually advertise on Facebook. You could also watch out for market signs in your area and Check them out . Maybe chat with the market organizer for future markets, Another great way to find markets is checking out your local farmers market if there is one.
As of pricing it can make anyone confused because there are so many formulas out there. Here’s a good link that makes sense.

I’ve been doing markets a long time and as you go along you may find you change things up. Good luck

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Thank you :blush: