Updated!!
I finally updated my shop! Thanks to VeganKnitting for giving me a little kick in the pants.
And, yes - That is a Facebook tab opened behind the Etsy Shop. Add me to the obsessed.
ETA: 1 necklace is spoken for already! Thanks, my friend Summer!
ETA#2: The Magnolia cluster necklace is sold! Thanks, Lindsay! You rock!
posted by mishka at 9:48 PM
4 Comments:
Your items are so lovely yet so inexpensive! If I were you I'd bump them up a bit. I used to have an Etsy shop too and I never priced anything under $35. Are you even making a profit? Don't undersell yourself.
11:55 PM, April 28, 2007
hey sophie!
I'm probably not making as much of a profit as I could, but I haven't decided how much of a profit I hope to make :) I think I mostly want to sell stuff first, and then hone my pricing after that.
Thanks for your advice - I'll definitely take it into consideration!
12:03 AM, April 29, 2007
Pricing equation:
material costs ( times 3) = $
or,
materials + labour + overhead + profit = $
I went through a business training program at the Toronto Business Development Centre and was told: "It's always easier to bring down your prices later (if you feel you are pricing too high) as opposed to raising them later - which cutomers don't really like if they are used to your lower prices."
12:57 AM, April 29, 2007
your etsy shop looks great! your jewellery is so beautiful...congratulations on the quick sales!!!
3:20 PM, April 29, 2007
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