Happy Halloween!!!!!!!! BOO!Title: How to Price Crafts and Things You Make to Sell
Review: Novice crafters will get an insider’s look into how to market and sell their product. When trying to sell a handmade craft a buyer’s perception is everything. James Dillehay gives details on how to improve a buyer’s perception of you, your product, and storefront or booth. A local economy and demographics can also influence your success. So, one has to make a choice when and where to sell crafts.
Bringing attention to detail and materials is important when pricing a craft one is selling retail or wholesale. He gives suggestions as to where to sell online, what to look for in your area, and travel. Tax and bookkeeping are kept to a minimum. This is an area of interest that I wish was covered in more detail. Most people do not know how to keep proper records for taxes and it would have been a great help for any novice crafter just starting a business. However, tax advantages are covered.
Dillehay also provides valuable pricing formulas based on material cost price per unit, shipping, and hourly wage you pay yourself for a crafters profit after the sale. He also goes into overpricing and how to remedy the situation. One of a kind art pieces, as in sculptures and paintings, are also considered in this book and their markup should be taken into account.
Thanks Todd for this fabulous review. Check out Todd's book for more information on this reviewer and what he makes and sells. T-cords check out his paracord bracelets.
Publisher: Warm Snow Publishers (August 23, 2012)
Quick Review: 4 stars (out of 5)
Why I Read It: I make crafts and wondered about pricing.
Where I Obtained the Book: Sent by the author for review.
Synopsis: Learn how to price crafts and things you make to sell with this easy-to-follow manual. Discover formulas, examples and strategies to make your craft prices more profitable, when selling retail or wholesale, online or to stores and at craft shows. If you have been considering starting a home business with things to make to sell or you are already selling crafts but losing money, you need "How to Price Crafts." This is a revised updated edition of "The Basic Guide to Pricing Your Craftwork" from artisan, gallery owner, and craft business author, James Dillehay. You get: * Formulas and examples of pricing crafts when selling retail or wholesale, online or off * Stand out from the crowd with 10 competitive ways to price crafts * Get 15 strategies for how to price crafts higher by increasing perceived value * Learn how to price crafts that are one-of-a-kind items * Guarantee that your craft prices are really earning you a profit * Find examples of how to keep records so you can quickly learn how to price crafts as you make them * Boost your cash flow income so you will never run out of money to run your craft business * Get 12 sources for buying craft supplies at the lowest possible costs * Increase your production of things to make to sell with a more efficient workspace * Save money at tax time with more than 40 overlooked tax deductions from your craft business * And much more about how to price crafts that you probably never imagined would help your craft business' bottom line.
Author Biography: James Dillehay has been an entrepreneur for over thirty years and is author of nine books and numerous articles. He has been interviewed in The Wall Street Journal Online, Yahoo Finance, The Chicago Tribune, Bottom Line Personal, Family Circle, The Crafts Report, Better Homes & Gardens, Working Mothers, Country Almanac, and many more including Entrepreneur Radio and HGTV's The Carol Duvall Show.
James produced a series of webinars for the state of Alaska to help their artists and craft makers market their creative products more profitably. He is passionate about helping others develop fulfilling careers profiting from their creativity. He has presented workshops around the US including events for the National Association of Independent Artists in Atlanta, GA and the Bootcamp Marketing for Artists and Craftspeople in Santa Fe, NM.
James is founder of the social network, Craftsu.com for those who love to buy and sell crafts and writes about craft business topics at Craftmarketer.com. He demonstrates and sells his handwoven wearable art at his Treasure Box Gallery in Madrid, New Mexico, just south of Santa Fe.