When asking for guidance on how to price my baskets, another crafter on this site (sorry, forget who) said the standard is to triple your cost.
I have to say that perhaps craft buyers from other places are more generous than around here but at triple my cost I can guarantee I would never sell a basket! Although I think that advice seems to be exactly what many crafters attempt to do, so it was sound advice.
But for a quilt? The king size quilt I made a few years back, was asked to make as a gift, came in at a hair under $500. That was the cost. That was zero for my months of time/work. I don't know who can pay $1500 for a quilt? I sure couldn't! I wouldn't! I would not even feel right charging someone that much.
But I do like making quilts and am kicking around the idea of taking on commissioned quilts, but I have no idea what the market would bear.
I figure fabric and taking a quilt to a long arm quilter, to have the quilting done, runs between $300 and $400 dollars for a queen size. That is paying myself ZERO for several months of work. Do you think tacking on $200 for labour would be too much? I think it is. Yet, when it coes down to an hourly wage, $200 comes in at a wage that no one else would work for. Not to mention the driving around I do delivering and picking the quilt up from the long arm.
(if I were to quilt one by hand, forget it, not going to happen. Will add a year to the time it takes to make a quilt)
Is this a pointless question because therea re just too few people willing to spend $600 on a quilt? And I can't blame them! But when you consider that over half of that is the cost of amaterials and the wage is merely a token gesture... Maybe this is stupid to even think about. Wisdom?
I have to say that perhaps craft buyers from other places are more generous than around here but at triple my cost I can guarantee I would never sell a basket! Although I think that advice seems to be exactly what many crafters attempt to do, so it was sound advice.
But for a quilt? The king size quilt I made a few years back, was asked to make as a gift, came in at a hair under $500. That was the cost. That was zero for my months of time/work. I don't know who can pay $1500 for a quilt? I sure couldn't! I wouldn't! I would not even feel right charging someone that much.
But I do like making quilts and am kicking around the idea of taking on commissioned quilts, but I have no idea what the market would bear.
I figure fabric and taking a quilt to a long arm quilter, to have the quilting done, runs between $300 and $400 dollars for a queen size. That is paying myself ZERO for several months of work. Do you think tacking on $200 for labour would be too much? I think it is. Yet, when it coes down to an hourly wage, $200 comes in at a wage that no one else would work for. Not to mention the driving around I do delivering and picking the quilt up from the long arm.
(if I were to quilt one by hand, forget it, not going to happen. Will add a year to the time it takes to make a quilt)
Is this a pointless question because therea re just too few people willing to spend $600 on a quilt? And I can't blame them! But when you consider that over half of that is the cost of amaterials and the wage is merely a token gesture... Maybe this is stupid to even think about. Wisdom?