Sprite Stitch Board!

HI guys,

I made the monkey in the picture below and posted the pics to my facebook. And I have now had several people asking to buy one. Usually I don't sell my crafts, I just make them for people I like

What seems like a fair price to charge? It is about $30 in supplies (can be lowered by using acrylic yarn) and about 30 hours (this is an estimate I didn't keep track) to make the monkey. I was thinking supplies plus some hourly rate.

What do you guys think?

This is a thing many of us struggle with - how to price. I'm just setting up my etsy shop and so have been reading all the help and stuff available on this subject!
One of the things that stood out from the etsy stuff for me was the fact that crafters tend to undervalue themselves and their wares.
If someone really likes and wants to buy your item, they will most likely buy it at whatever price you quote (within reason). If you make the price too cheap, they may feel like the item isn't of the best quality.
The thing that I remember the most from the stuff I read is that you should set a price you're a tiny bit uncomfortable with (as in, slightly higher than you feel happy about, lol) - if your buyers really want your item they will feel happy about paying for it!

With regards to your actual pricing, maybe try your supplies + your time + a few extra bucks?

Hope that's of some help! ^^

Don't sell yourself or your work short!!!!! Love the monkey its incredible! Nice work! No wonder so many people want one!

natalielowen wrote: Usually I don't sell my crafts, I just make them for people I like

I am the same way I never sell anything, I just make things for people I like. I have thought about selling things before but can never decide what to price stuff at either. Another problem I have with selling things is getting stuff done in a timely fashion as I hate to feel rushed as that takes the fun out of the craft for me. Thats great that your getting people that want to buy your monkeys as they are very cute. Sorry I don't have any advice on what to charge. Good luck figuring things out.

Thanks for the advice guys. I'm thinking $125 + shipping and extra if they want any customizations or anything that will make it take longer.

That is still only about $3 an hour, but I'd be crafting anyways, why not make a bit of money off of it to buy more supplies!