Now my craft fairs are out of the way I am starting to focus on the next issue of UKHandmade (getting in early!) and I am going to write an article on 'how to price your goods'. I have a formula for pricing my goods and am wondering how you price yours?
I know some people are very private about their pricing so I am asking if you would like to reply if you could send me a private message here. All replies will be in the strictest confidence and will only be used in the article if permission is given.
If you use a formula then examples of how you reached your price would be great. Do you have a wholesale and retail price? How are your prices received when you try and sell in shops/craft fairs, do you have a target market...and anything else you want to talk about?
I have never asked this question of so many people at one time so am very interested to see what answers I get.
Thank you in advance!!