[TheForge] how to price product

[Darrell]

In that case, go with the wholesale price.

Darrell

----- Original Message ----- 
From: "bill" <wfuter102957 at comcast.net>
To: "Sponsored by ABANA" <theforge at mailman.qth.net>
Sent: Wednesday, September 20, 2006 6:08 PM
Subject: Re: [TheForge] how to price product


> It is just a small sleigh runner about 20in. long overall that other 
> crafters use to make flower pot holders and such and the market is other 
> crafters.  I will eventually get a pic of it on the picture site.  not 
> much skill involved, you could say not a lick of blacksmithing is involved 
> in the making of this.  a piece of 4in. pipe is used for the front scroll 
> jig, and 2 bends on another piece for an 'upright' that has 2 holes to 
> screw into your sled body.
>
>
> ----- Original Message ----- 
> From: "Chris Worsley" <cpworsley at cox.net>
> To: "Sponsored by ABANA" <theforge at mailman.qth.net>
> Sent: Wednesday, September 20, 2006 7:36 PM
> Subject: Re: [TheForge] how to price product
>
>
>> Bill,
>>
>> There you go! I have been waiting to hear the answer to Dan's question.
>> What are you making, and what is the market?
>> Are you planning on selling to Main St. or Rodeo Dr.?
>>
>> How I priced things:
>> After a few years of practice practice practice and learning how to make 
>> metal do what I wanted it to do, my experience was making nicely designed 
>> and finished items, mostly one of a kind (Oh, let's say napkin rings or 
>> decorative fireplace pokers), and charging so much that most of the 
>> lookers at a show just admired (or not) and kept on walking.
>> BUT, there were customers out there who were aware of what I had in the 
>> way of quality in the marketplace and they paid what I was asking. 
>> Several became repeat customers.
>> I did not bother to figure in the cost of steel or coal or gas or shop 
>> time. I just put prices on the items that were what I thought the traffic 
>> would bear. Keep in mind that I am not making a living on blacksmithing 
>> alone.
>> It has only been part of the equation, except for the 3 years I worked at 
>> it full time for someone else's shop.
>>
>> I have been a professional artist for 44 years and treated all my art 
>> sales the same way.  If asked about a commission, whether it is an 
>> illustration, magazine cover, photography or a piece of copper or 
>> ironwork, I quote a price. I leave a little wiggle room with some people. 
>> After a while, you'll be able to tell when to do that.
>>
>> So, whatcha makin'?
>>
>> Chris
>>
>>
>> Dan Tull wrote:
>>
>>> OK, now tell us what the item is.
>>>
>>> Not K-mart , but Neiman-Marcus customers.
>>>
>>> ----- Original Message ----- From: "bill" <wfuter102957 at comcast.net>
>>> To: "Sponsored by ABANA" <theforge at mailman.qth.net>
>>> Sent: Tuesday, September 19, 2006 9:45 PM
>>> Subject: [TheForge] how to price product
>>>
>>>
>>>> I know this has been thrown around before, but I have a show coming up 
>>>> and I cant remember all your formulas that was given.
>>>>
>>>> my example is  23 items with $22 dollars of metal,  3 hours working 
>>>> time.
>>>>
>>>> any help would be appreciated.
>>>>
>>>> bill
>>>>
>>
>>
>>
>> _______________________________________________
>> Manage membership or unsubscribe at:
>> http://mailman.qth.net/mailman/listinfo/theforge
>> theforge mail list group photo site is
>> http://www.photoaccess.com
>> Login:  blacksmithblacksmith at hotmail.com
>> password:  anvil
>> ___________
>>
>>
>
> _______________________________________________
> Manage membership or unsubscribe at:
> http://mailman.qth.net/mailman/listinfo/theforge
> theforge mail list group photo site is
> http://www.photoaccess.com
> Login:  blacksmithblacksmith at hotmail.com
> password:  anvil
> ___________
>
>