Pricing your work

Probably the hardest thing about selling your handmade products is pricing them. You don't want your prices too high but you don't want them too low either. I have read several blogs, and articles on how to price your work, I just recently realized I am making nothing probably going in the hole actually:( this was very hard news for me to hear and see.

This time on ETSY I have made several sales both online and off, I began researching how to make my business official and begin keeping books, it was only then that I figured out I was not making as much as I thought I was

I want to give an example
For my scrabble tiles I had listed them for $5.95
Expenses to make the tile--$2.18
Fees to sell the tiles-- $1.50
Shipping fees--$2.82
Total cost to make --$6.50

Wow that brings me to negative 0.55

I found this formula to price your work

Labor cost+ materials+ expenses x 2.5= retail value

For my scrabble tiles it would be

3.50+ 6.50(I have already added the materials and expenses together) x2.5= $25.00

That is a little too steep but that is what it retails for I am selling the for $8.50 for a regular tile and 12.00 for a custom photo pendant

I really didn't want to increase my prices but in order to make a profit I have to. At 8.50 please realize I only bring in $2.00 per tile sold

Until next time
Happy Crafting
Danielle C

Staying busy

So I am amazed at how much Creative Corner has become so popular at the local salon and some local shops

I walked in to get my nails done and received 15 orders yeah that is right 15 orders I came straight home and began working on this massive order





When I dropped the order off I received 4 more orders and many requested my cards! Wow I cannot hardly believe it

I am now looking at some e-commerce options to gain a bigger customer base, stay tuned for some exciting things at creative corner


Until next time
Happy crafting
Danielle