How to Price your Work

This is something I’ve been struggling with since starting out selling my knitted and felted creations last year.

Knitting is by its nature a time consuming business, not to mention all the thought that goes into the design and pattern beforehand, and then all the finishing. One of my knitted bags can easily take 15 hours to make.

I tend to put my prices far too low for the time, thought and expense that’s gone into my work, and I know there are lots of other makers out there that do the same. It’s an easy trap to fall into

At a craft fair before Christmas I was reminded of this by a very inspiring maker I met for the first time, Kirsten Miller of Quernus Crafts.

So 2012 is the time to get your pricing right. I found this useful article on the Creative Choice website about how to price your work as a good starting point.

So that is where I shall begin.

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