How to Price Your Handmades
There are some debates about pricing handmades among our fellow crocheters in the Philippines. Some are mad that others are selling at a very low price. Some say they don't know the value of their hard work. Some are mad that others are selling at a very high price. They say that they are pricing their handmades too much. What exactly is the formula for pricing handmades? That's a difficult question to answer but let me break down all the things we need to consider when pricing your precious crocheted/knitted items. Let me ask you questions: What are your expertise? In which project are you good at? Is it enough to show people how good you are? Or are you confident enough to make one? If yes, how much money are you willing to invest in this business of doing handmades? Materials you need to buy-Are the Yarns affordable or the premium Yarns-the high quality ones? Labor cost: How much work can you give that values your hardwork? Who are your target buy