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Showing posts with the label Pricing for Profit

Pricing Handmade Products: What I Wish I Knew Earlier

When I first started selling my handmade products, pricing felt like a guessing game. I wanted my items to be affordable, but I also knew I needed to cover my costs and actually make a profit.  Fast forward to today, and I can confidently say I’ve learned A LOT about pricing —mostly the hard way. 😅 If you’re a fellow maker struggling to price your work, here’s what I wish someone had told me sooner. 1. Your Time Has Value (Charge for It!) In the beginning, I priced my tumblers based on materials alone. Big mistake. I wasn’t factoring in the time it took to design, prep, apply, package, and ship each order. If you’re not charging for your time , you’re essentially working for free. And last time I checked, exposure doesn’t pay the bills. 💡 Lesson: Calculate how much time it actually takes to make each item and include that in your pricing. Your skills are valuable! 2. Stop Worrying About Being “Too Expensive” One of the hardest lessons to learn? Not everyone is your cus...