Quilted Wallet a big hit...but?
08-11-2012, 07:09 AM
#41
Junior Member
Join Date: Feb 2011
Location: Hampshire, Illinois
Posts: 212
I agree with BeckSt, don't sell yourself cheap, at least $20 for friends and $25 for others. As others have said, your time is valuable, so are friends. If you think you can't charge this amount say no and the perhaps make one as a gift for a birthday, holiday or special occasion.
08-11-2012, 07:16 AM
#42
Senior Member
Join Date: Dec 2010
Posts: 446
Ever since I made my first quilted wallet, so many of my friends want one now...how much do I charge? I was thinking $5, but is that too little? It still takes a lot of time, as the fabric has to be quilted and the wallet is finished by binding it. It is so hard to charge for something that I love to do... anyone else have this problem?
08-11-2012, 07:25 AM
#43
Power Poster
Join Date: May 2008
Location: MN
Posts: 24,476
People have no idea the amount of time and work in something hand made. Just go to a store and price the Vera Bradley line of purses, wallets, etc. Extremely expensive and I think the quality of the cotton used leaves a lot to be desired. I would charge $15 for friends and $25 for others. Granted, you are using scraps but nevertheless, figure in the cost of the velcro and other things and you still aren't compensated for your time.
08-11-2012, 08:08 AM
#46
Power Poster
Join Date: May 2008
Location: MN
Posts: 24,476
08-11-2012, 08:40 AM
#47
Super Member
Join Date: Oct 2010
Location: Fox Valley Wisconsin
Posts: 1,920
$5.00 definitely sounds too low. Maybe time yourself the next time you make one. You should be able to get AT LEAST minimum wage for your time...or as I usually try to get is $10.00 per hour if I am going to make something for someone else. If I can't get at least that, it isn't worth my time...I can be doing something else I really want to be doing.
08-11-2012, 09:57 AM
#49
Senior Member
Join Date: May 2012
Location: leland nc
Posts: 443
if i remember correctly, there is an equation for handmade items: amount paid for the supplies times 3. so, if you used $3 to purchase the supplies, you would charge about $9. that said, i think the market could bear about $15 or so.
Ever since I made my first quilted wallet, so many of my friends want one now...how much do I charge? I was thinking $5, but is that too little? It still takes a lot of time, as the fabric has to be quilted and the wallet is finished by binding it. It is so hard to charge for something that I love to do... anyone else have this problem?
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