Originally Posted by
costumegirl
I'm in the process of making a few items for our guild's show's boutique and I am still not sure what to charge. Forty percent of the price is given to the guild's guest speaker fund and 60% goes back to the maker. I do not mind giving the sale money to the guild since we need it but I don't want to lose on the material costs either.
I'm finding it hard to estimate what crafters/quilters will possibly be willing to pay for an item. If the item is priced too high it won't sell. If it is priced too low, with the cost of fabric lately, I won't be able to recoup the materials cost.
I am making snap bags, tissue holders, needlecases, children's summer hats, a few purses and totes and a few mug rugs made to match a coffee mug which will be packaged together and sold as a gift set .
*What are some of the prices that you have seen on boutique items?
Any other suggestions for other boutique items?
Decide how much your supplies cost, how much margin you need to make and then add 40% for the speaker fee.
If you spent $10 on an item, and you want to double that-------$20, then add $8 (40%) Adjust as to how much you feel you need to profit.