I hope Iām posting this in the right channel. I struggle to decipher when And where something should be posted
Iām just waiting to see what everybody else thinks about my price :-). Iāve had a few mixed feedback from my family and in person friends saying that I am charging too much or too little and so I wanted to see what everybody here thanks. Each pattern I make takes anywhere from one week to a month before I even put out for testing as well as the trial and error of making it before I start writing it out. Each pattern is original it comes from doodles/sketches that I create before giving them life ina form of a pattern.
I want to ensure my patterns are priced fairly for both customers and myself. Any constructive tips tricks and opinions are Welcome, thank you so much for taking the time to read and help me :-)
these seem like a fair price to me! donāt listen to those people saying that theyāre overpriced, youāve worked pretty hard on these beautiful patterns, and youāre time and effort on them are most certainly worth something in return. if youād like to lower them, thatās totally fine! you do you! i feel like people would buy them either way.
I think your prices are fair and pretty standard for the market. You can price them however you want, there will be a customer base for you.
Iāll tell you how I price things and you are more than welcome to use the ideas/tips? as you want:
I have a ābaseā price for all patterns, the lowest amount I would be willing to sale a pattern at and have the fees make sense. That for me is $3 USD, if I donāt think a pattern I made is worth that, Iāll make it free.
I increase the price (usually in increments of 50 cents) based on complexity, size, how difficult the techniques used are, it is no/low sew, how unique it is, etc.
Then I ask honestly myself what I would be willing to pay for a pattern like mine, thinking back to my other purchases and adjust the price as I see fit.
Now I price my patterns on what I would consider on the lower end of things, but I also rarely ever have sales, Iāve only had one sale in year+ I have been making patterns, and I donāt have plans to do many sales in the furture. So to me this makes sense to be priced a little lower so that they are still more accessible. But thatās me and my thoughts.
I think it depends on what youāre wanting. Your prices arenāt unfair for the work that goes into the patterns. But if your goal is to sell as many as possible, you could put them on sale every once and awhile. 40% your whole shop or something like that. Getting more sales at lower prices per sale can sometimes add up to more income overall compared to potentially fewer sales at a higher price. Which would mean making more off of the pattern even if each person is paying less. I hope that makes sense? Idk itās a weird balance that Iām trying to figure out what I want to do as I gradually build my shop up too. It might take some experimenting to figure out the ideal price that actually makes you the most money overall. Once a pattern is out there, the income is mostly passive. Itās not unreasonable to expect that someday youāll have made $100 off of one pattern. But will that be because 20 people bought it at $5? Or 30 bought it at $3.33? Uhh idk if Iāve over explained at this pointā¦ Iām basically just trying to say think of both the bigger picture long term and also what the pattern is worth on the market per sale. None of this is to say you have to lower prices. Just things to think about if youāre not making as much as youād like rn
