Thread: Pricing quilts?
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Old 06-21-2007, 09:13 AM
  #52  
Virginia H. Cunningham
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Join Date: Jun 2007
Posts: 39
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I THINK this is the way it goes. The shop gets a 30% share of what they sell the item for. So you set a price and add 30%. That way you get your price and the shop gets a share too.The 30% has been standard for a long time; so I guess it could have gone up. That percentage may well vary from area to another. That's one of the things I have to research. This system prevents the shop from marking the item up so high that it doesn't sell. The artist and shop usually have an agreement about the length of time the shop will have the item. This would protect the shop from an artist who brings in an item, and then takes it back to sell it cheaper to a customer who doesn't want to pay the shop. (In a small town like mine, where everyone knows everyone, the wouldn't be an unusual request from a customer.) The shop has to has some guarantees too. I think I would want all of the above in a written agreement, so there would be no uncetainly on either part about the terms.
Virginia
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