tag:blogger.com,1999:blog-7032468301507136728.post8818900198795227114..comments2024-02-19T14:17:44.484-08:00Comments on SF Bay Area Etsy Street Team: Dear Miss Mignonette - The Price is RightRebeccahttp://www.blogger.com/profile/11391087587413372659noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7032468301507136728.post-81631310103765452932010-12-13T19:52:55.680-08:002010-12-13T19:52:55.680-08:00This is a really cool post. Thanks for writing it!...This is a really cool post. Thanks for writing it! I,ve had problems with pricing my work and this really helps me out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7032468301507136728.post-66709771142697458832010-12-03T12:21:54.969-08:002010-12-03T12:21:54.969-08:00Thanks for the great advice on the math. Can you s...Thanks for the great advice on the math. Can you speak to attitude and appearance as it related to sales? I have been doing fairs for years (20)and my sales sored when I took the time to psych myself up with visualization and mediation before the show.Anonymoushttps://www.blogger.com/profile/11809318861413240591noreply@blogger.comtag:blogger.com,1999:blog-7032468301507136728.post-3690731197183678322010-12-02T18:35:36.633-08:002010-12-02T18:35:36.633-08:00Thank you! I think I need to really go through my ...Thank you! I think I need to really go through my pricing since my products take a long time for me to make and I feel like I'm not even making minimum wage. :)Anonymoushttps://www.blogger.com/profile/13263377593930822015noreply@blogger.comtag:blogger.com,1999:blog-7032468301507136728.post-25177693460721329002010-12-02T15:19:10.558-08:002010-12-02T15:19:10.558-08:00Thanks Miss Mignonette,
http://www.rolbe.com/ets...Thanks Miss Mignonette, <br /><br />http://www.rolbe.com/etsy.htm is a great tool for this too, once you know your COG.<br /><br />I charge $15 felt Narwhallets (narwhal wallets) and think it's a fair price. I'd love to be able to charge more but they just don't sell as well at $20. <br /><br />COST PER WALLET<br />felt = 15c <br />thread = 5c (estimate, i don't use a lot and get my thread at a discount)<br />velcro 10c<br />Materials = 30c<br /><br />Time spent = .5 hours<br />SF Min wage = $9.79<br />Labor costs = .5 x 9.79 = 4.90<br /><br />ADDED COSTS<br />Shipping = $4.90 (paid for by customer)<br />Listing and photos = .16 hr x $9.79 = $1.63<br />Etsy fee = .73<br />PayPal fee = .74<br />Added costs= $3.10<br /><br />TOTAL COST PER WALLET = $8.30<br /><br />There are also 62 results for "felt wallet billfold" (1,414 for just felt wallet" on Etsy. I am the only one selling Narwhal Wallets (which is awesome). <br /><br />$20 would be a nice price but I sell more at $15. Any comments/ideas?heathered handmadehttps://www.blogger.com/profile/00777025898426809854noreply@blogger.com