Pricing Your Homemade Gifts...Any Suggestions?
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|Tue, 08-14-2012 - 9:30pm|
First time posting on here but I figured if I've got a question about homemade gifts, I should ask people who are crafty. I've recently started to dive into the world of selling my crafts but now I'm lost at the pricing part of it.
Right now I am working on making coasters in the college and NFL team themes since football season is starting back up. I'm looking to start making theme related coasters out of the bathroom tiles and scrapbook paper but haven't been able to start that up yet. For now I am using plastic canvas and yarn to create a set of 4 coasters. If I work hard, I can usually get two sets of 4 done in one day while working on other household chores.
My question is how much should I charge for a set of 4 coasters? I've had some people tell me 7 or 8 dollars and then others say one dollar (which I would never charge for how much work I put into these!). But part of me feels bad for charging 8 dollars, but at the same time I think it may be a fair price for something homemade.
I am open for any comments or pricing suggestions because I am honestly lost.
Thanks in advance to anyone who replies!