Pricing, pricing, pricing! “Where should I price my product?” is the never-ending question. Every small business owner has asked it when getting ready for a craft fair. Is the price too high? Too low? From my experience, I can tell you that the bottom line is that your time is money and that there is value in that. So don’t sell yourself short by pricing too low and don’t allow inventory to just sit there by pricing items too high. Here are some ideas on how you can do what you love and reap the benefits of selling at the same time.
In the SWAK 101 section of the site, you can read the article in which I have shared three techniques on how I come up with pricing when getting ready to sell. You can find the article here.
Now we’d love to hear from YOU on the blog! How have you priced your items when selling at a craft fair? What has been a proven strategy that has worked for you? What methods have you used to move your products? We’d love to hear your experiences so we can all learn from eachother!