Reply to Haggling ok with artists at craft show, farmers' markets?

Forum Index » Home Improvement, Design, and Decorating

Reply to "Haggling ok with artists at craft show, farmers' markets?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]The problem is that craft is extremely time consuming and from a production/cost analysis pointless. Craft people do the work because they love the work, but it always feels like a built in donation. For example: I cast gold, standard markup is 300%. 100 for material, 100 for time, 100 for profit. Well when you buy something from the mall the time spent on manufacturing that item was less than a minute. It was designed on a computer, carved in a printer, cast or stamped out of a laser and polished in a mill. Instant bling and close to 200% profit. Lots of room for the annual sale of 50% off. For me to make the same thing (I don't) would take a minimum of a week working all day every day and I only price at double the cost of materials because I'm not charging anything for the time. For you to ask for a discount is naive and insulting.[/quote]
But the selling price is not calculated by your formula.  The selling price is what the buyer is prepared to buy.  If you take your pieces to the market, and two months later, nothing sells, then the market is telling you that you've priced this too high, regardless of whether it's 300% or 500% or 1000%.  So, I dunno about naive and insulting. Naive is trying to haggle with a top-selling artist whose pieces are selling like hotcakes. If you don't fit this description, then it's not naive.  Insulting, meh, people can insult me with money all day long.  If you don't have any other offers, it's not insulting. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics