stevenhuff
Member
I am trying to figure out how to price pens for sale. Does anyone have a formula they use or suggestions? I would appreciate any thoughts.
I have a spreadsheet that takes all costs into account and then calculates total cost of pen with labor and markup, I usually go by that depending on where I am selling. As stated above, locations change pricing.
PM me your e-mail address and I can send you a copy.
Chris
I couldn't agree with you more. If one doesn't value their time, then they can't expect someone else to either. I've sold about 10 pens so far, all through word of mouth and face to face interaction. I have a long way to go to perfect selling them face to face. But I can't compete with the low ball prices that people are asking on Etsy. I am currently posting them on there just so I have a place I can point people to so they can buy them. It should streamline the process. That's my hope anyway. I just hope they don't see the competitors' prices and choose buy from them instead.An artist should always get paid for his art along with the cost of the material to produce that art. Some pen turners aren't artist to begin with but as their skills and knowledge increases the true talent begins to come forward. What price does an artist ask for when selling one of his works of art is something that only the artist can decide.
If you begin to consider yourself a pen turning artist then you need to get paid for the art you produce. I have been making pens for a couple years off and on and have at this time made about 100 pens. My skills and knowledge has increased to that point where I'm not giving my pens away anymore to every one that stops by and visits. If those same visitors want a pen I will tell them the price and expect to get that price before they carry the pen home.
Now if Mother stops by and raves over one of my latest creations she is special enough that she gets to carry it home!:smile-big:
Is the suggested pricing at PSI online realistic?