[TheForge] pricing

GRAF adveniam at att.net
Wed Mar 26 10:21:56 EST 2008


One system that works for me even if it is a new process.
Make it, then ask; "Now that I know how to do it how long would it take 
me to make the third one?"
That gives me one more for practice.
Then I charge for the time on the theoretical third one and count the 
extra time/cost as tuition.

Mike Graf

dan tull wrote:
> As a beginner, if you are slow(tenative), lack tools(power hammer),and 
> lack education(experience), it will take you longer to make a widget. 
> So, at $50/hr, you will have to charge more for it than I would. That 
> doesn't seem right( but if it does sell,you will make gas money), so 
> just give widgets away 'til you get fast and good.
> Pricing- always figure what it is worth, then double it, then multiply 
> by"what the market will bear" factor.
> Neiman-Marcus not K-mart customers.
>
>
> I try to bill $50 an hour.
> I have heard Dan say many times (seeing if I quote him right), either
> charge enough for it or give it as a gift.
>
>
> I still have problems knowing what to charge for what I make.  I want
> to be fair to myself and to the person buying it. Also in my case I
> feel like I have some responsibility to other blacksmiths. If they are
> selling it for $30 and I am selling for $10 then that is not fair to
> the rest of you.   So I am still trying to learn what is the right
> price.  Get really bad at it if it is art work.
>
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