How much should I sell a bracelet or keychain for, and how do I decide the price?
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ixoneteixe
Skiller
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1 week, 2 days ago by ixoneteixe
I am a young person who wnts to start a bussiness, but I don't know how to put the prices. If it's too cheap, I lose money. And if it's too expensive, no one buys. What can I do?
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halokiwi
Moderator
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1 week, 2 days ago by halokiwi
The minimum you need to cover is material cost.Besides that you should consider the time spent working on it, because your time is worth money too. If you take the minimum wage, you will most likely already get over what people are willing to pay, but don't sell yourself too short. |
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harriet22
Bracelet King
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1 week, 2 days ago by harriet22
It really depends on the item, like @halokiwi said, you need to take the time spent, amount of material used and size of the bracelet. For a keychain I think that somewhere from $5-$15 depending on the item. For bracelets I would say more around $15-$30, again depending. You also want to take into consideration shipping costs if you are selling online. Stores like Etsy take small fees and taxes off the money you earn so that also should be kept in mind. I understand about the Over or underpriced worry, but just try things out and see what works for you. Good luck!❤️
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ixoneteixe
Skiller
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1 week, 1 day ago by ixoneteixe
Thanks ❤️ ❤️ ❤️ ❤️
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