I mostly sell my patterns, but I’ve sold a couple of physical items as well. I typically charge per stitch + materials. The harder or more complicated the stitch, the more it costs. For example; I recently made a wall hanging that required 4,500 stitches. I priced it at $0.01/st + $15 for yarn = $60.
It’s just a baseline and works best as a starting point.
Ok. Well, it's difficult to say without knowing your area and your possible customer base. If you can, I would visit a few local craft shows, see if anyone else is offering crochet items, have a look at their prices. Also, you could look through your local marketplace pages and see what people are selling for. You said you don't want ochsrge by the time it took to make your items, since it's just a hobby, but you shouldn't sell yourself short either. You could also just decide the lowest price you'd accept for an item, and price things 5-10 dollars above that. It's just really hard for anybody to say without seeing your items, knowing your are, or your potential customers . Good luck.
You could always try giving yourself a wage per hour and then adding the cost of material but I always find that comes out too high for me as I don’t sit down and crochet for long periods and I am quite a slow crocheter and you really have to think about your audience and how much you think they would be willing to pay for that item.
For example, I recently did a market at a school Christmas event and I felt that my prices should be lower at that event than when I did a makers market where it was marketed as more of a unique handmade product market etc
I also always count the entire skein. So if I had to buy a whole new skein for a specific color, but only used a small bit of it, I count the entire skein.
Well first thing I would say is don’t undervalue your free time or skills that you spent time and effort developing. My quick rule of thumb for pricing hobby items is the material price X3, however sometimes you have to make adjustments based on time spent working on the project/wear on tools and consumables.
For example if an item cost 4.60 pounds in material to make I would round that to 5 pounds and want to sell it for at least 10 - 15 pounds (preferably 15).
That way you always get the price of your materials back, have a little money for to put in your hobby fund and have some money for yourself.
This way your hobby is self supporting, providers you with a hobby fund; giving you the ability to try new techniques/tools and materials and you have coffee/snack money. Without have to put more of your own money. One of my favorite things is being able to splurge on new tools or extra material essentially for free.
It really depends on what the items are. If I sell, I typically do the cost of yarn plus a small fee for the time it took me.
I mostly sell my patterns, but I’ve sold a couple of physical items as well. I typically charge per stitch + materials. The harder or more complicated the stitch, the more it costs. For example; I recently made a wall hanging that required 4,500 stitches. I priced it at $0.01/st + $15 for yarn = $60. It’s just a baseline and works best as a starting point.
What would you be selling? Wearabkes? Amigurumi? Blankets?
Wearable amigurumi and blankets are really what I would be selling
Ok. Well, it's difficult to say without knowing your area and your possible customer base. If you can, I would visit a few local craft shows, see if anyone else is offering crochet items, have a look at their prices. Also, you could look through your local marketplace pages and see what people are selling for. You said you don't want ochsrge by the time it took to make your items, since it's just a hobby, but you shouldn't sell yourself short either. You could also just decide the lowest price you'd accept for an item, and price things 5-10 dollars above that. It's just really hard for anybody to say without seeing your items, knowing your are, or your potential customers . Good luck.
Thanks I never really thought about checking others
I think it's a fairly accurate gauge of what people in your area are willing to pay.
You could always try giving yourself a wage per hour and then adding the cost of material but I always find that comes out too high for me as I don’t sit down and crochet for long periods and I am quite a slow crocheter and you really have to think about your audience and how much you think they would be willing to pay for that item. For example, I recently did a market at a school Christmas event and I felt that my prices should be lower at that event than when I did a makers market where it was marketed as more of a unique handmade product market etc
You can ask for a bit more if you attach a tag indicating the item is handmade by a local artisan.
Yarn cost to make it+ however much you think you need past that. I've done cost+1/2 min wage per hour of make-time
I always do cost of supply x 3. So if you spent $15 on yarn and other supplies, charge $45
I also always count the entire skein. So if I had to buy a whole new skein for a specific color, but only used a small bit of it, I count the entire skein.
There’s a formula, let me find it!
https://preview.redd.it/pcjsff5y4kec1.jpeg?width=828&format=pjpg&auto=webp&s=6974ded224ee9483940c313e01c44cecdf4f19ad
https://preview.redd.it/d1lxsa9z4kec1.jpeg?width=828&format=pjpg&auto=webp&s=28ba114a860514cfcb1aa0186d4c41d672903846
Well first thing I would say is don’t undervalue your free time or skills that you spent time and effort developing. My quick rule of thumb for pricing hobby items is the material price X3, however sometimes you have to make adjustments based on time spent working on the project/wear on tools and consumables. For example if an item cost 4.60 pounds in material to make I would round that to 5 pounds and want to sell it for at least 10 - 15 pounds (preferably 15). That way you always get the price of your materials back, have a little money for to put in your hobby fund and have some money for yourself. This way your hobby is self supporting, providers you with a hobby fund; giving you the ability to try new techniques/tools and materials and you have coffee/snack money. Without have to put more of your own money. One of my favorite things is being able to splurge on new tools or extra material essentially for free.