Originally Posted by MargeD
And then there are the very expensive quilts, however, in that area of NH there are some expensive homes with wealthy people, so they will probably get $1000 for a quilt easily. A lot just depends on your market area and what they are willing to pay.
The seller sets the price for the quilts sold at Keepsake Quilting and the store adds their commission on top. The quilts come from all over the country so the sellers really have no idea at all what the local market will bear. These quilts are sold online, thus the market they are selling to is actually worldwide, not local at all. Their in-store client base is also extremely broad. They are far, very far, from aiming at the local market (which is not nearly as extravagant as you seem to think).
But yes, in normal situations, price setting should certainly take market location and conditions into consideration.