Messages From beadingaholics

 


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#27128 Feb 26 6:07 PM

Ah yes...that age old question and there are no easy answers!I came

across some interesting information.

You need to have your basic information down in order to determinine

the price point. You will need all of the figures - how long did it

take to produce the piece; how are you going to advertise or market

this piece and what are the costs associated with that; operation

overhead - what does it cost to keep your workspace up and running;

materials overhead - what are costs associated with your materials;

etc.

It is fairly painless to test price points at art festivals. If you

see that the goods aren't moving you usually have a second day to re-

work your prices and if they are to low you will have nothing to sell

the second day!!!!

Here are a couple of links with great info:

---Links-Are-Forbidden--- .com/borisat/ nenam/ajm- pricing.htm

---Links-Are-Forbidden--- g.about.com/ od/basicbizinfo/ a/120505. htm

Robyn Hawk


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