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Anyone sell purses? What do you charge?
Just curious. Each year our Guild has a booth at a handmade craft show. Members sell their items at this event and this year I thought I would make a few batik purses to sell. It takes about 6 hours to make one. There is probably $30 in materials at "retail" but I have a nice stash of batiks that did not cost me a dime so my cost is minimal . I buy the fusible fleece by the bolt using the famous "coupon" .
Those of you who have sold purses, what has been your experience with pricing them? Thank you! Sandy |
I sell the LazyGirl Designs "Margo" Bag. I increase the size by 1, 2 and 3 inches. I sell the original and 1 inch for $45.00. The 2 and 3 inch larger ones I sell for $70. I also include a beaded (handmade by me) zipper pull for that price.
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Originally Posted by sahansen44
(Post 5510700)
I sell the LazyGirl Designs "Margo" Bag. I increase the size by 1, 2 and 3 inches. I sell the original and 1 inch for $45.00. The 2 and 3 inch larger ones I sell for $70. I also include a beaded (handmade by me) zipper pull for that price.
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I sell Bow Tucks for $35..They cost me about $10 to make and 2-3 hours to make..I usually can cut the time, by making multiples at a time
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Originally Posted by Pat625
(Post 5510757)
I sell Bow Tucks for $35..They cost me about $10 to make and 2-3 hours to make..I usually can cut the time, by making multiples at a time
Wow! You are fast! Sandy |
Not nearly enough. I've tried selling at craft shows and people don't want to pay a reasonable price. The standard is 3X the cost of materials. I've had better luck just selling to friends. Most of them supply everything and then I charge a small amount for my time. I love to make them so that is the fun part. The ones I have sold have usually ranged in the $30 area for a decent size bag with zipper.
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I will have a booth in The World's Largest Christmas Bazaar this year and was also wondering what to charge, so I am also following this thread
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Pattypurple is absolutely right...many people just don't want to pay a fair price for handmade goods. I usually figure my prices at 3 times the actual costs of materials (fabric, notions, etc.), but sometimes you have to lower your prices for your market. I always try to get at least double my costs, less than that and you're giving away your time and talent. I try to buy materials on sale to maximize my profits.
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$30 seems pretty low for 2-3 hours of work, plus fabric, since fabric is so high now. I agree that people just don't want to pay a proper price for handmade items. However, they will pay big bucks for a factory-made NOT one-of-a-kind purse in the store. Go figure..............
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I meant $35 for 2-3 hours work plus fabric (sorry)
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