Re: Pricing eye-opener


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Posted by Trisha on October 25, 2002 at 20:52:35:

In Reply to: Pricing eye-opener posted by Sherrill on October 25, 2002 at 16:48:30:

: While on another forum, the thread was on pricing, the hardest issue we folks debate. In my reply, I set out an example of pricing that I use: (materials + labor) x 2.5 = retail price. The person who answered me said that my formula result seemed just a tad over what should be wholesale and suggested I come to this site for a better discussion and understanding of the subject. Yeowser!

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Hi Sherrill,
What I had said, was that the formula you presented, was a bit more than *I* do for wholesale.

You are absolutely correct, this being one of the hardest issues! Glad you made your way over here too, John has loads of wonderful info!

Trisha
"Art is not a thing; it is a way."-Elbert Hubbard (whoever he is)

: Just so you know what my slant on art is: I create distincive beaded jewelry, adornments and beaded artworks.

: I think I'll stay with the prices I've already marked things, and for any new things, I will take (materials + labor) X 4 to see what the numbers bring. Either that or I'll re-shuffle the whole works for 2003.

: Interesting, too, was the discussion on wholesale shows....

: I think I'm going to do a lot of thinking in the few months remaining of 2002.

: Thank you, John, for this wonderful site; the forum, your articles, and the willingness of everyone to share information.

: Wherever you go take joy!
: Blessings, Sherrill




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