Lisa on tue 22 oct 96
I have just come back from another show where at least 6 people said,
"Your work is WAY underpriced." HELP!!! I don't want to price myself
out of the market, but I _DO_ want to get the most that I can for the
work I do.
How does one decide what to charge?
Karen Gringhuis on tue 22 oct 96
Besides the considerations which you mention (max. price v. what the mkt.
will bear), I ask myself two questions. #1. Am I willing to carry over
this mdse.i.e.pack it up & have it sitting in a box going no where
#2. If I don't get $XX for it, I'll be happy to give it as a Christmas
present (or any other occasion or no occasion). Ask yourself how many
other opportunities will you have to sell, how soon, how many MORE pots
will you have made by then? Also, do you sit down after each sale &
think about the results i.e. what shapes & colors sold well & why not?
(I'm amazed the at my recent sale, blue & white interested no one.)
One of my first teachers was constantly told her work was underpriced
(it is) but her answer always was "I'm making more tomorrow." And if
she wanted to keep a piece, the price was always way too high!
Dan Taylor on wed 23 oct 96
Lisa...do what your customers did. Walk around and compare your prices to
your competition. Once you have a range of prices, decide where in that
range you feel comfortable. Simple.
----------------------------Original message----------------------------
I have just come back from another show where at least 6 people said,
"Your work is WAY underpriced." HELP!!! I don't want to price myself
out of the market, but I _DO_ want to get the most that I can for the
work I do.
How does one decide what to charge?
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Dan Taylor dataylor@mlc.awinc.com
Taylor Clayworks Ph: (403)527-1002
1340 - 10th Ave. NE Fax: (403)527-1032
Medicine Hat, AB T1A 6G3 "Strive to die young, but put it off as long
as you can"
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marilyn fenton on wed 23 oct 96
We've always put a price on our pots that WE are
comfortable with. Who better than yourself to
judge the value of your work? On the other hand,
it is unwise to ignore the marketplace. However,
it is better to affect the market, than to be af-
fected by it. Set your own price. If your pots
are over-priced you will find out soon enough.
If you have work that is priced where you feel
good about your profit, and the skill reflected in
your work is in proportion with the price, and
people gripe that your work is underpriced, then
you are affecting the market, not the other way
around. You can also seek advice from a trusted
gallery owner (not necessarily an oxy-moron).
Remember too, that you should never lower your
prices. You don't want a customer who paid $65.00
for a platter last year to see a comparable piece
for $45.00 today. After all, it is really your skill
that you are selling, not a static, unchanging product.
As your skill increases so will your comfort in raising
your prices.
Respectfully
The Fentons
Saguache, Colorado, where the fall weather has been the
best ever.
Darcy on wed 23 oct 96
Slowly raise your prices until the number of people who say your prices are
too low equals the number who say your prices are too high.
----------------------------Original message----------------------------
I have just come back from another show where at least 6 people said,
"Your work is WAY underpriced." HELP!!! I don't want to price myself
out of the market, but I _DO_ want to get the most that I can for the
work I do.
How does one decide what to charge?
Randy O'Brien
Ithaca, NY
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