


After looking at what other people were selling their items for I am starting to wonder if im pricing my stuff too cheaply...I noticed one stall was selling a necklace using a charm that was on one of my necklaces but mine actually had two charms on it but they'd marked theirs at $20 and mine was only at $15. I am crap at the business side of stuff and really have no clue what I should be pricing at and normally make up a price on the spot ha that's terrible. I should really be keeping a record of how much im spending of materials so I can work out cost+labour for a reasonable sale amount. I have a feeling I am possibly losing money... I know im putting way more money into materials than what im getting back in sales :/ I just love the process of creating things though so I almost don't really care about the profit.
The other thing I picked up on was people are more interested in the more pricey items (sterling silver necklaces etc.) so im wondering if I should shift focus on creating higher ticket items using quality materials - only risk with that is not selling anything... Suppose I could always try out one or two items and see what happens and if noone bites keep them for myself.
I have reduced my ebay spending a LOT recently.. I was spending way too much and with the NZ dollar being so weak against the US it was getting ridiculous. I did however succumb to buying a few things I just couldn't resist...
3 comments:
oh thank you for popping the picture of the hedgehog up I hope your enjoying him. I used to be just the same- but now (only recently) am attempting to be far more business savvy. Hence the $20 necklaces hehe. liv x
Hi!
I love my Japanese stickers!
I have used a few on some layouts and projects already:)
Come have a lil' looksie:):)
xx.
My hedgehog is fantastic, so cute! Next time I am definitely getting an owl to match :) and yep that was me who made the typewriter necklaces, I had heaps of problems getting them to stay waterproof though :( Yours didn't run at all did it? I hope not! I finally found a decent craft sealant/vanish so might make some new designs up as they were really popular.
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