Do you struggle with pricing your handmade goods?
Trust me – you are NOT alone.
Pricing is one of the hardest parts of starting and running a handmade business – and if you’re selling on Etsy, even more so, if you’re comparing your prices directly to other people selling similar things.
Goodness knows my pricing was atrocious when I started!
SO many makers (if not all) drastically under-price their work – especially in the beginning.
Today I’m going to take you through the basics of pricing – not only giving you a few formulas, but explaining WHY they exist and what they are taking into account.
I hope you have a revelation on pricing after you watch this one!
✨ If you need more help with your pricing, don’t miss my upcoming LIVE online workshop: The Art & Science of Pricing.
This workshop will teach you how to price your handmade goods.
In it, I outline a 2-step process to pricing.
First, pricing with the ‘Head’ – this is the scientific part, which means crunching the numbers to see what you need to be charging in order to cover all your costs and make at least some profit.
Then, pricing with the ‘Heart’ – this is the artistic part, using research, emotion and brand positioning to arrive at a final number.
I know that pricing is one of the hardest parts of running a handmade business – and it’s also something we need to revisit on a regular basis as our businesses and our skill level grows.
You should walk away from this workshop with a solid grasp of the pricing process, and how to apply it to your unique items.
⏰ Live Online Workshop: Thursday the 28th of October at 10:00am Brisbane time (AEST – NOT Sydney/Melbourne time).
If you’re already a Thriver Circle Member, you can RSVP here: https://www.facebook.com/events/1009398562964220
Not a member?
Join the Circle here to participate in this workshop: https://thrivercircle.com/join-the-circle/
If you’re watching this after October 2021 – no worries!
The workshop will be recorded and will be available inside the Thriver Circle in the Resource Library.
You can listen to this podcast below, or on your fave podcast app – or you can watch it on youtube!
Watch on YouTube…
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