So hello to the person reading this C:
I've been thinking recently about my Etsy store and my pricing.
I usually browse around and see some prices that I think whoa.... people would pay that much?
And end up self reflecting on my prices, and how I've set them.
I've got more detail in my blog post here: [link]
But in short, if I use the 'recommended' calculations for pricing my creations
My Totoro bottle should cost:
With the articles taken off google randomly after searching "pricing on handmade goods"
I've currently listed my bottle at $15.( Although I'm sure many people don't follow that recommendation exactly)
So what now? I've thought about this before starting my Etsy, but then I always go back to "How much would I pay for this?"
And that is $15 max.
Am I being too cheap on myself? I honestly don't know what my creations should sell for.
Would people pay $20 USD for it? But then including shipping, thats an extra $10 USD = $30 USD for this tiny 4cm glass bottle with clay inside it.
So what I'm asking is:
- What is the max you would pay for something like my " ______ in a glass bottle" creations
- Do you think I'm pricing my bottles too cheap?
- What to do now?
I'm nearing the end of the first term of school so I'll be thinking more about this in depth, but I just want some feedback as this has been bothering me lately...
Thanks for reading this far!