Haven't yet but have been tossing around the idea of making Quilts for sale, and need some input on pricing, as we know this all depends on the local market and buyers knowledge of the work that goes into creating something original, with the chance could come out not looking like the vision you had in your head,(not that that would ever happen :-D )
So what would the opinion be of pricing by the square inch of a finished project? Would lean towards not too time consuming patterns, but pretty, with meander quilting, and sewn finish.
Example: Baby Q 50x60 3000 inches .03 sqi = 75.00
lap/nap 60x72 4320 inches .03 sqi = 129.60
twin 68x90 6120 inches .0325sqi = 198.90
full 80x90 7200 inches .0350sqi = 252.00
Queen 90x96 8640 inches .04sqi = 345.60
king 90x108 9720 inches .0450sqi = 437.40
too high too low what do you think ?? if course some variation in size would be there, but as base pricing, couldn't/wouldn't commit to a fabric source other than cottons inside and out.
Can you find fabrics that are reasonably priced, consistently, to support your asking prices?
I think you're in line with the going rate...but you *do* have to look honestly at yourself and your skills and ask...are my skills on par with what others are doing? If you've got a lot of room for improvement, you can't really ask the same rates as someone who would be considered a master quilter, kwim?
And, you've gotta understand what the market will bear. I saw this AWESOME red and white quilt at Kohl's the other day by Chaps. Very vintage looking. Very doable for many quilters' experience level. And they were charging $200 for a queen, kwim?
I think you're way too low! Even if you buy your supplies at wholesale, you're not going to make a darn thing per hour with those prices.
Pretty much HALF of your price would cover the cost to edge to edge quilt each size. Is the other half enough to cover fabric, thread, batting, wear and tear on your equipment, equipment cost? No... and you haven't even paid yourself yet.
Figure out what you need to make a profit, then find the MARKET for your price range.
you thought about selling on etsy? Or you could just look on there and see what is selling and base your prices on that. Then you wouldn't have to sell just locally.
I would keep the prices like that, or maybe a bit higher. Look what people charge to have a quilt quilted. It's not cheap. It doesn't matter what you can get at the store, look at etsy and search their quilts there. That's how I try to base my prices. I try to not go too cheap, but not to high either. These are handmade quilts...not some imported cr@$.
Are you talking JUST the quilting or making the quilt itself, too??? Around here it costs $45.00 just for the quilting on a baby quilt!
My rule of thumb, in this market, is 5 x's cost of fabric. For a king, that usually works out to $125. therabouts. So I would charge $625.00 but could come down to $550.00. Always leave room to back down. You can't compare your prices with store bought, they buy cloth in huge quantities at low prices and use sweatshop labor to produce them overseas.
$550 for a king size quilt IS sweat shop labor. I think perhaps no one is really considering the time involved, the cost of materials and equipment.
Thanks, this is the type of input I need to consider, thats why I ask here. Can Quilt my own have a machine on frame etc. and prefer to meander, not LA but works well for space available. Have looked on ETSY, pages and pages, just seem like an incredible amount published. With the prices all over the place.