Members Fullmetalsam Posted February 6, 2014 Members Report Posted February 6, 2014 It 's a pretty nice bag - very well executed ! On pricing, while I agree with what Electrathon said, unless you've got 10 of those limed up right now for you to "test the waters" and come up with the "real price" people will be willing to pay for this item... I say, pricing based on man-hour is a pretty good start point. At least, you know you're paying yourself adequately for the work that you've put in. If you do me more and get better at it, or acquire some new tools/machine and shave a little or a lot from the time required to make that first bag... just keep the price the same. If you've done more bags, it's because they are selling and if they are selling them people are willing to buy them at that price point... it's a no brainer - reducing costs should mean more money in your pockets. If it's not selling at all, the this become a whole other question - but regardles, I'm of the ones that believe you shouldn't undersell your work... ever! You're creating or "feeding" expectations that everything can be acquired cheap even if it's quality work. That's a perception we all have to work against if we want to make our craft "worth it" money-wise. Quote Etsy Shop: http://www.dalamor.com
Members MonicaJacobson Posted February 6, 2014 Author Members Report Posted February 6, 2014 Thanks Chris! Thanks also, FMSam! That's what my husband thought. You sell it for as much as you can, and when you really get the process down and you can make it faster and better, you call that profit. And that extra padding can help average things out if you loose money somewhere else, which frequently happens. Quote http://monicajacobson.com/ https://www.etsy.com/shop/TrimGoTrix?ref=si_shop
Members SLudlow Posted February 6, 2014 Members Report Posted February 6, 2014 The only critique I'll ever give another leathercrafter is selling too low. Stick to your guns, price it at what it's worth, and you can always lower the price in the future if it doesn't sell. As others have mentioned, it's much easier to lower prices rather than to increase them. That and, just by looking at it, it's very, very nice!!! Quote Ludlow Leather Supply Co. www.LudlowLeather.com Call us at 317-213-9437 for all your leather supply needs. Ritza25 Thread 500m Rolls Now In Stock! John James 002 & 004 Harness Needles - Packs of 25 Also in Stock: 60" Grade A Straps, 25-30sq/ft 4/5oz Economy VegTan Hides
Members OdinUK Posted February 7, 2014 Members Report Posted February 7, 2014 That's a very nice bag. Yep, you must charge for your time if doing it to make money. I tend to give the first few of anything I make as gifts to friends and family and as a result other people have asked me to commission some projects. But now I will charge for my time to the general public even though its a hobby and not my day job. Quote Lord Of Leather
Members MonicaJacobson Posted February 7, 2014 Author Members Report Posted February 7, 2014 Thanks very much, for both the compliments and the advice, SLudlow and Odin! Quote http://monicajacobson.com/ https://www.etsy.com/shop/TrimGoTrix?ref=si_shop
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