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Thread: Cost of purse from 2 FQ's

  1. #1
    Super Member burnsk's Avatar
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    I bought this cute pattern from LQS. It is made from 2 FQ's. Thought it might be something cute to make and a friend said she could sell them at craft shows (but we didn't discuss price yet).

    I figured the cost to make as follows:
    2 FQ's: 2.50
    Binding: 2.00
    Batting: .50
    At this point, I'm at $5 in cost. If I make handles from the FQ material there is no additional cost but I would have to piece them. For my first one I bought some chain from the hardware store and it cost me over $6 for 3 feet (it was brass). I wove fabric between the chain links (that was a chore). Now I have to buy velcro to sew on for closures and then 2 buttons.

    I am stuck because I don't know how to price them. My first one I would probably charge $20-$25 (depending on the buttons) and there is no way I would pay that if I were a customer. I'll just enjoy using this first one myself.

    So, if I use buttons from my collection and just add the price of velcro, I'm guessing $12-$15. I can't post pics of the bag/purse now but will tomorrow. Too dark to take pictures.

    I'm wondering how to figure out pricing.

  2. #2
    Moderator tlrnhi's Avatar
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    I'm thinking no less than $15. Buttons can get expensive even if you are using them from your collection

  3. #3
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    trust me, too costly to sell,,,AND did you read the disclosure on that pattern..you might not be able to sell items made from it in the first place without asking the designer for permission!
    The other thing, does it need to be velro...I would not buy a velcro purse/bag/tote...unless it was for a kid and then I would not pay more than $8-$10 for it....

  4. #4
    Power Poster sueisallaboutquilts's Avatar
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    I thought copyright laws only apply to the pattern itself???

  5. #5
    Moderator tlrnhi's Avatar
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    It can apply to the pattern AND can apply to selling it. Have to read the fine print

  6. #6
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    Quote Originally Posted by sueisallaboutquilts
    I thought copyright laws only apply to the pattern itself???
    NoPE these days the designers have claim to what you do with what you make using their design...don't get me started...BUT you do have to read the fine print on every pattern, or err to the designer and write for permission...or try going to their website, some have it listed there....some are bucking the trend and proudly stating do what you want, but others are kicking and screaming...honestly....going to stop now...and pack orders, I love selling stuff!

  7. #7
    Super Member trif's Avatar
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    If you do end up making them and selling them you must charge for your buttons, at some point you purchased them even if not bought for this particular project. I agree that often I make things and think no one would pay so much for an item, but they are paying for your talent as well. So basically don't sell too cheap, I'm sure your purse is worth it's full value.

  8. #8
    Super Member burnsk's Avatar
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    I thought about the magnet closures but those get expensive too. Drat.

  9. #9
    Super Member burnsk's Avatar
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    Quote Originally Posted by tlrnhi
    I'm thinking no less than $15. Buttons can get expensive even if you are using them from your collection
    That's true because most of my buttons are old and I inherited them. Some are still on the original "Kerns's" and "Kresge" store cards plus those cut off of old clothing. I thought about having some of them checked out but don't know where to go to do that. Bought a book on "Old Buttons" and got totally confused. I know some of these buttons would be worth more than the purses. Sold a few buttons 5 years ago for $25. Another topic for discussion. Guess I should buy new for the purses.

  10. #10
    Super Member burnsk's Avatar
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    Took some pictures today of the purse.

    The inside center
    Name:  Attachment-176787.jpe
Views: 191
Size:  58.7 KB

    The front of the purse. I used a decorative stitch to attach the binding
    Name:  Attachment-176788.jpe
Views: 180
Size:  58.4 KB

    The other side
    Name:  Attachment-176790.jpe
Views: 178
Size:  65.0 KB

    The flaps on each side open to side pockets
    Name:  Attachment-176794.jpe
Views: 194
Size:  75.1 KB

    The chain handle
    Name:  Attachment-176796.jpe
Views: 207
Size:  72.9 KB

    The Pattern: Three Pocket Tote by Karen Montgomery. From The Quilt Company
    Name:  Attachment-176805.jpe
Views: 294
Size:  58.0 KB

  11. #11
    Super Member wolph33's Avatar
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    that is really cute.you did a great job.

  12. #12
    Bottle Blonde's Avatar
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    This is a very general rule to determine a price. Total cost of ALL materials and supplies used in the project --- times 3. So if you have invested $5 in making the purse -- you should charge at least $15 for the finished product. I hope this helps ----- I know several crafters that use this guideline ---- they all think it is a fair profit margin for themselves and reasonable for the customers, too.

  13. #13
    Super Member burnsk's Avatar
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    I suppose I could save money by making my own binding and making a cloth handle. That would keep it under $5. The pattern recommends a cloth handle but they put cotton cording inside the handle. Or I could use decorative cording.

    There is no 'fine print' or a disclosure on the pattern.

  14. #14
    Super Member burnsk's Avatar
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    Quote Originally Posted by wolph33
    that is really cute.you did a great job.
    Thank you. You changed your Avatar. I like your furry friend.

  15. #15
    Super Member deranged_damsel's Avatar
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    do you know how to crochet a chain stitch? it is not hard and would look GREAT for a strap :D you could even crochet out of matching fabric :D
    depending on WHERE you are selling I would ask from 15$ to 20$ for one.

  16. #16
    Super Member burnsk's Avatar
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    OOO - I like that idea. I do know how to crochet. I'll have to try that. Thank you for that suggestion. I have some thin black nylon cord that would work, too. I used it to crochet belts. Now you've got my mind going in some new directions.

  17. #17
    Super Member deranged_damsel's Avatar
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    Quote Originally Posted by burnsk
    OOO - I like that idea. I do know how to crochet. I'll have to try that. Thank you for that suggestion. I have some thin black nylon cord that would work, too. I used it to crochet belts. Now you've got my mind going in some new directions.
    Chain stitch is really easy! anyone can do it, the nylon cord would be great! hey! you could even make a button, or knot type closure with the cord... that would look awesome :D :D :D

  18. #18
    Google Goddess craftybear's Avatar
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    I like your purse you made, very cute

  19. #19
    Super Member Rose L's Avatar
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    To price handmade objects for resale, I use a percentage based on my personal feelings of self worth and the quality of my work. Usually a 100% mark up over the cost of materials if just selling from my home. If I have to pay for a table, booth or website listing then 150% above the materials cost. The idea here is to make a profit. Don't sell yourself short!

  20. #20
    Super Member tjradj's Avatar
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    That's a really cute pattern! If you're going to make several of them, you might want to just buy yardage instead of FQ's. In some cases, it works out less expensive. Also - look to thrift stores and repurpose clasps and buckles etc from old purses and belts.

  21. #21
    Super Member Lori S's Avatar
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    I would not use a magnet type closure , it deactivates the magnetic strip on credit cards, any thing close to the magnet would be affected. Voice of experience.

  22. #22
    Super Member Scissor Queen's Avatar
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    Quote Originally Posted by jaciqltznok
    Quote Originally Posted by sueisallaboutquilts
    I thought copyright laws only apply to the pattern itself???
    NoPE these days the designers have claim to what you do with what you make using their design...don't get me started...BUT you do have to read the fine print on every pattern, or err to the designer and write for permission...or try going to their website, some have it listed there....some are bucking the trend and proudly stating do what you want, but others are kicking and screaming...honestly....going to stop now...and pack orders, I love selling stuff!
    The federal laws have not changed. Designers can't make up laws to suit themselves.

  23. #23
    Super Member Rose L's Avatar
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    Quote Originally Posted by Scissor Queen
    Quote Originally Posted by jaciqltznok
    Quote Originally Posted by sueisallaboutquilts
    I thought copyright laws only apply to the pattern itself???
    NoPE these days the designers have claim to what you do with what you make using their design...don't get me started...BUT you do have to read the fine print on every pattern, or err to the designer and write for permission...or try going to their website, some have it listed there....some are bucking the trend and proudly stating do what you want, but others are kicking and screaming...honestly....going to stop now...and pack orders, I love selling stuff!
    The federal laws have not changed. Designers can't make up laws to suit themselves.
    Here here! If you have to post it, back it up with a Law link.

  24. #24
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    It is very cute!
    $15 is reasonable for it!

  25. #25
    Super Member burnsk's Avatar
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    Thank you all for your suggestions/recommendations. I am going to crochet my handles for a couple of the bags. I tried velcro dots for closures and they work really well. Also, I was thinking, with a 50% coupon from JoAnn's I could buy pre-quilted fabric ($10 on discount), I could get 4 bags ($2.50 ea.) out of a yard. Add on the cost of Velcro, binding, decorative button and handle. I could sell them for $12 - $15 and at least double my money. Don't want to get rich - just support my habit :lol: and have fun doing it.

    I checked the pattern and there is no 'fine print' or a disclosure on the pattern. Also, since I bought the pattern, I have found 2 free tutorials on the internet for these very same bags. So I'm OK there. I should have looked on-line first and saved myself the cost of the pattern. Oh well, it was an impulse buy when I saw the purse in LQS. But that's OK - I'm glad I did. Motivated me to make one right away.

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