What would you charge
12-26-2012, 06:37 AM
#62
Super Member
Join Date: Oct 2007
Location: Ashdown, AR
Posts: 9,238
Your quilt is beautiful. Have you tried looking at other places that handle hand made quilts? I would put a $200.00 price tag on it and see if it sells. If it doesn't then you could "put it on sale". If it goes quickly, then I'd price the next one a little higher. If you are putting two or more in the shop, make them different prices. You will soon see what sells and how much to ask for them.
12-26-2012, 07:15 AM
#64
Senior Member
Join Date: Apr 2010
Location: West Michigan
Posts: 533
Originally Posted by nance-ell
$150 sounds really low to me. However, you have consider your market. What kind of customer comes to the shop? Is the shop in an affluent area where price isn't an obstacle for her customers? I would probably put a higher price... even as high as $300 (rule of thumb - double your material cost) and if a after numerous attempts to close a sale, no one bites, your MIL could discount 20 or 25%. Buyers always love buying an item "on sale". It's just psychology! In the end, your customers will drive the price point you can reach ... then you can decide if it's worth your effort. Good luck to your MIL... I envision myself doing something similar in about 10-15 years :-)
12-26-2012, 07:22 AM
#65
Senior Member
Join Date: Mar 2011
Location: Michigan
Posts: 757
Melody, here is a link to a chart that shows how to figure the value of your craft! I pinned it on Pinterest.
Good luck!
http://tolmema.wordpress.com/2012/01...made-products/
Good luck!
http://tolmema.wordpress.com/2012/01...made-products/
12-26-2012, 07:56 AM
#66
Super Member
Join Date: Jan 2009
Location: PA
Posts: 2,879
I'm sure you will find this thread many times here, but the answer is mostly always the same. DO NOT UNDERVALUE YOUR WORK just because people say a handmade quilt should be inexpensive. Not only the supplies and work you put into it TODAY, but the years of practice you need to have to get your skills to be good and marketable. Isn't that what other professionals say- the years of schooling, office furniture, equipment etc, goes into the pricing. Do you think a plumber or electrician only charges triple for the cost of a part? Of course not! Their skills are valuable and so are yours!
12-26-2012, 11:24 AM
#69
Senior Member
Join Date: Jun 2010
Location: Galloway,Ohio
Posts: 616
I often get requests to make quilts for co workers. I found a flier that a local quilter made and posted it on the bulletin board. For a twin bed tee shirt quilt it around 300 . Her prices go up to 600. I send them to the flyer when I get requests. A very nice young lady asked me to make 2 quilts for her. I said I would help her make them but I had enough work of my own . I went to Joanns with her explained colour selection and how to pick the fabric for the project. She first spent 400 when it was all done. She did a great job on her sons tee shirt quilts. It meant more because she did it. She is a natural quilter. She has gotten the quilting bug. She made several Christmas tree skirts. I love teaching those who want to learn.
Last edited by skothing; 12-26-2012 at 11:42 AM.
12-26-2012, 03:18 PM
#70
Senior Member
Join Date: Jul 2007
Location: New England
Posts: 821
Originally Posted by melodyg
Thank you all for the input. I am really not looking to get into making the quilts to sell. This is the fifth quilt I have made. I mostly make them as gifts for family. This will be the first one I " put a price " on, and as stated it is more as a favor for my mother in law.
piney
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