How To Price Your Pottery
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- Опубліковано 29 сер 2024
- Knowing what to charge, especially when starting out, is really difficult. I made a spreadsheet that helps you figure out the minimum based on material cost, and how many you can produce a month: www.oldforgecr...
Simply put, you need to charge enough to pay your salary and material cost, divided over the amount you can make in a month.
For a mug that might work out as £30 if you base it on the time it takes and only £15 if you base it on how many you can fire a month, whereas a large fruit bowl might be £40 based on time but £100 based on firings. This is because the mugs are small and slow and the bowls are large and quick.
This way of calculating price allows you to compare totally different pieces, and come up with a sensible price. Or at the very least, it will allow you to know where your time is best spent. If you have a time consuming or massive piece that you can't sell for a lot of money, your time is probably better spent elsewhere.
Podcasts:
www.lettersfro...
meandorla.co.u...
There were definitely a few more on the topic, I'll edit them in when I find them.
As with all my videos, I'm not at my most coherent when throwing, so it's better to read the blog than just go on what I said in the video, but hopefully it all made sense.
I'm so grateful to you that you shared the spreadsheet!! For those of us that struggle with creating spreadsheets this just saved a ton of time and headache. Really appreciate it, and the video going through and explaining everything.
Thank you for this! The blog post and spreadsheet are VERY helpful
Solid video and easy spread sheet, a nice first step. This would have to be based on having a company that is willing to buy all your pieces because other wise, you would need to take into account the time and cost for sales, but the pricing is not bad for selling more whole sale. Ei, a large hand made mug might go for $20-$30, and a store generally will pay only 1/2 that, so $12 per mug is not unreasonable. The other thing this allows you to do is work backwards, ei, if you can sell just about any number of mugs to a store for $12 per hour, you can work on improving your speed a bit, what if you can make them in 45 mins? You can also see how much it would be worth to spend time doing in person sells or selling online. Ei, if you can only sell a large mug at $12 to a shop, but $24 in person and you can sell 2/hour in person, that is a nice hourly rate. Or if you sell online and ship it, you earn $20 per piece, but you need to take photos and spend time packing and shipping, but you have your hourly rate. If you need to spend an hour to make a sale online, pack and ship, it would be better to just sell to the shop, but if it is 15 mins, then it is way better online.
Profound comment
Thank you so much, it’s good to hear a professional reason it all out!:)
Glad it was helpful!
I must say that you're prices are very reasonable and much less than most artist !
Thank you! I charge as much as I need to for them, but I like to keep them as affordable for as many people as possible
My issue is that I hand build everything which means I can't build as many a month to what I could throw. I've found it so difficult to come up with a reasonable price thats worth my time. I've seen others price similar items to mine for £90 for a small mug 😳 but I would feel awful pricing that high. Its very difficult to price
Do you have a video on Handle making?