How much should you charge for your crafts?

by Jen (October 14, 2008)

If you’re a crafter who’s thinking about selling your wares (which I think is an awesome idea), check out this post from Pink Chalk Studios on how to price them so you’ll make money:

Irene mentioned Wholesale vs. Retail costs on materials. I run my pricing model using retail cost. I was truly amazed the first time I actually sat down and calculated this for a project. Before I did the calculation I kept thinking “I have to figure out a way to buy wholesale in order to make this thing work” or “I need to buy fabric on clearance to keep my costs low”.

This is a really detailed post with some fairly technical (but easy to follow) concepts. The writer found that she could actually afford to use better quality materials and buy at retail prices (wholesale being not that easy to get hold of for many crafters) and still make money.

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