tag:blogger.com,1999:blog-679535822518377864.post5398103506763739460..comments2023-10-08T05:49:32.396-07:00Comments on isavirtue: musings | product pricingAnonymoushttp://www.blogger.com/profile/02523013801357347704noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-679535822518377864.post-54832267284675641392012-05-09T13:27:19.019-07:002012-05-09T13:27:19.019-07:00I think your products are really really well-price...I think your products are really really well-priced, which is part of the reason I can't recommend them enough! As much as I want to buy all the pretty stationery I see, I can't afford to, but I never feel bad ordering from you because I know I'm getting more than my money's worth! :DNnennahttps://www.blogger.com/profile/16069076122375530004noreply@blogger.comtag:blogger.com,1999:blog-679535822518377864.post-13676381951668835052012-05-08T17:18:43.555-07:002012-05-08T17:18:43.555-07:00Eeep, basic* formula. Typing too fast!Eeep, basic* formula. Typing too fast!Emily // emdashpapercohttps://www.blogger.com/profile/14291751763067133502noreply@blogger.comtag:blogger.com,1999:blog-679535822518377864.post-4088864793308839142012-05-08T17:18:07.816-07:002012-05-08T17:18:07.816-07:00You got at the heart of this issue. I, too, strugg...You got at the heart of this issue. I, too, struggle with pricing on a daily basis. The basis formula I've seen is material cost + (hours x hourly labor cost) + 10% and then multiply by 2 for wholesale and by 3-4 for retail. But sometimes you have to strike a balance between the price given by that formula and what you think people will actually pay. It's a tough call.<br /><br />Anyway, Emily // emdashpapercohttps://www.blogger.com/profile/14291751763067133502noreply@blogger.comtag:blogger.com,1999:blog-679535822518377864.post-58745318208074059892012-05-08T10:51:09.116-07:002012-05-08T10:51:09.116-07:00I feel so nervous about pricing! The items in my s...I feel so nervous about pricing! The items in my shop are inexpensive - I take into consideration the cost of supplies and how much of my time it takes. I'm afraid to increase prices though for fear that no one will buy anything!Anonymoushttps://www.blogger.com/profile/11959008692629894044noreply@blogger.com