Business
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aliceboo
Professional
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3 years, 11 months ago by aliceboo
Hi! So basically, I've recently started selling my bracelets and I'm worried I'm over or under pricing them, so does anyone have an idea for a formula that would get me to the price per bracelet, like x pennies per bracelet. idk if that makes sense, but i'd like some advice please 🙂
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danielle_3
Bracelet King
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3 years, 11 months ago by danielle_3
maybe try looking at what other people sell their bracelets for. i know many people sell on etsy so maybe try searching "friendship bracelets" on etsy and see how much people sell similar items for.
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stormii
Bracelet King
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3 years, 11 months ago by stormii
You can look on etsy to see what other people are charging for the same bracelet. You should take into account the cost of the string you used, and how much time you spent making a bracelet. For example, if the string you used cost you $.50, and it took you 2 hours to do a bracelet, and you want to charge yourself 5 dollars an hour, that bracelet would be $10.50. Another tip is to ask yourself if you would buy the bracelet at that price. Do you have a link to your shop? I might be able to help you with your prices a little bit 🙂
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zoeyllm
Bracelet King
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3 years, 11 months ago by zoeyllm
Try to find out the cost for making the bracelet and base the price off that so you make a reasonable profit. Look at some other bracelet makers prices and try to have similar ones.
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aliceboo
Professional
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3 years, 11 months ago by aliceboo
@stormii im only selling to friends atm, but I'll upload some photos of ones I've made now
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