Quilted Wallet a big hit...but?

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08-11-2012, 03:38 AM

#21

Sandygirl

Super Member

Join Date: Apr 2011

Location: Midwest

Posts: 5,051

Quote:

Originally Posted by LivelyLady

I would agree with the others.......$10 to $13 if your using scraps. That's a great buy for a handmade item.

I did not know that "scraps" are free... devils' advocate that I am! Why discount the value of scraps? You still paid good $$ to buy the fabric.
sandy

08-11-2012, 03:41 AM

#22

nygal

Super Member

Join Date: Jul 2012

Location: New York

Posts: 5,665

I say $15.00.

08-11-2012, 03:58 AM

#23

ghquilter53

Senior Member

Join Date: Jun 2011

Location: Michigan

Posts: 867

Pay yourself $10 an hour at least and calculate how long it takes to make.

08-11-2012, 04:14 AM

#24

coopah

Super Member

Join Date: Dec 2011

Location: Horse Country, FL

Posts: 7,341

Quote:

Originally Posted by moonwork42029

mmm...agreed... $10 seems very very reasonable...nice job by the way

Yep, with folks paying up to $6 for a cuppa joe, you should ask at least $10. If they want a specialized wallet (monogram, certain fabric, etc.) you could charge more.

08-11-2012, 04:24 AM

#25

joyce888

Power Poster

Join Date: Oct 2010

Location: Georgia

Posts: 11,189

I would tell them the prices start at $10, then offer embellishments for a certain price.

08-11-2012, 04:30 AM

#26

Spotty

Junior Member

Join Date: Feb 2012

Posts: 111

I would say $12.00 - $15.00. With the cost of materials going up and your time, $12.00 is more than fare and $15.00 if they want something special. Because the next thing your know, they will want one for there friends. At $5.00 it just isn't worth making a lot of them. Besides, it's hard to find something for $5.00 any more. Let alone if it's hand made.

08-11-2012, 04:41 AM

#27

Buckeye Rose

Super Member

Join Date: Jan 2011

Location: Monroe, IN

Posts: 2,283

Quote:

Originally Posted by BeckySt

Don't sell yourself short, I would go $15.00 and tell them if someone else wants one then they are $20.00

absolutely $20 and friends rate $15.....your materials will be at least $5....they are fun to make and won't take much time, but make some money while doing them or you will be expected to make things for next to nothing in the future

08-11-2012, 04:45 AM

#28

homebody323

Junior Member

Join Date: Dec 2010

Location: Rock Island, IL

Posts: 297

My rule of thumb is charge enough that it makes you happy to get another order. If you charge too little, people will be ordering them to give everyone on their list for xmas. Will you be happy if several of your friends think they are doing you a favor by ordering 6 or 10 each. Most people have no idea how much supplies cost and how much time goes into them. Just my thoughts on producing for others.

08-11-2012, 04:51 AM

#29

azwendyg

Super Member

Join Date: Jun 2010

Location: Flagstaff, AZ

Posts: 2,078

Anytime I need to price something, I figure cost of materials plus about $10 an hour for my labor, and I state it that way. I figure that's fair since none of them would work for less, and most earn a whole lot more. Then, like others have said, you won't regret getting more orders.

08-11-2012, 04:56 AM

#30

JenelTX

Senior Member

Join Date: Jan 2011

Location: Central Texas

Posts: 809

I would start by asking myself, "Do I really want to make these for a bunch of people?" If, in your gut, the answer is no, then either tell them no, or quote a price that would make your gut okay with it.

If they don't want to pay $20 for one of these, well, you didn't really want to make a bunch of them, anyway.