Thank you to those who took the time to answer my question on Facebook. I asked “Do you sell your crochet items, and if so, what is your biggest crochet business question.” Many revealed that their biggest question was how to fairly price their crochet pieces. So, as promised, here is a post dedicated to the pricing of your crochet items.
This video helps you think of the items you need to consider in your crochet business then also provides an easy formula to get you started. I’ve outlined the main points below.
Things to consider:
- Where are you selling your crochet pieces?
- What type of crochet are you selling?
- What are your costs to make the crochet piece?
- What are your fees?
- How much profit do you want to make with your crochet business or per item?
Basic formula: (cost of materials + fees) x 3 = Price
Etsy Fee Calculators (great place to start for any crochet shop):
Pricing crochet is a complicated process that I have broken down into it’s various components in the “Pricing Crochet Like a Pro” Webinar. If you’re ready to move forward with your crochet business and truly pricing for profit, this webinar is for you.
I’d love to hear if you have other ideas on pricing crochet! It’s always a work in progress and the more input we can pool together, the more effective we’ll be.