Pricing Your Items at a Craft Fair
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- Опубліковано 1 сер 2024
- Pricing items at your craft fair booth is crucial to setting yourself up for a successful day at an event. There are many things to consider both for the day of the event, as well as how to prepare your inventory for a show with pricing in mind. In this episode, I dive into detailed tips and tricks on all things pricing for your next craft fair.
This is video 10 in a step-by-step series in preparing artists, crafters, makers & vendors at becoming successful at craft fairs. Check out the entire playlist here: • How to Become a Craft ...
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I am looking to learn everything I can before I do my 1st craft fair. Your information is great.
I appreciate it very much! I’d highly recommend my 101 craft fair tips video, but hopefully all of them help you in some way.
Mrs. Santa is Tired Lol! So Adorable!
I used signs for like items at my first few markets. I’ve switched to tagging everything because I kept forgetting my prices lol
Today I panic recorded a video for the channel because I thought it was Tuesday all day 🤦♂️ so I can’t even remember my days let alone all the prices at a booth 😂 good move being willing to adapt to make your booth the best it can be!
I do the same, Tracie Tolbert. My tags are usually my business card on one side and the other is the item name, SKU, and price. I like the idea that my business name goes home with every item so there is a chance of a reorder from the customer in the future. I tag every item as soon as I finish them, then pack them away by category for transport to the craft fair. I also have an inventory sheet for each tub so I readily know what inventory I have when I go.
Another good comment for additional methods that vendors should consider! 😃
This is such an important subject!
Agree - I see a lot of vendors asking questions about this. I think it’s even a source of stress for a lot of vendors, especially when they’re first starting out and don’t have a lot of history or frame of reference to lean on when pricing items.
The good news is that we’re all learning, all the time! Even the veteran vendors 😃
As I primarily sell photography prints, I label each item with the size, price and name of the photo/design. Prints are packaged in a crystal clear sleeve with a business card, archival backing board and this label. I do also keep pricing signage on my print bins and displays, including bundle pricing. It all works quite well. 😃
Excellent technique! That’s great for organization as well as marketing your business. 😃
@@howtocraftfair Thanks!! It’s organized the same in my Square POS and website too so everything is accounted for. I can review inventory / sales often. 😃
I tag each item and label with the price and my SKU number. I do this so I can track each item in my inventory
Good method! Thanks for commenting! 😃
And I have to remind myself that even if I only paid $1 for a quilt square 10 years ago today those sell for $3 or more.
But I am retired and just trying to clear my mountains of fabric/supplies so I will price on the lower side. Better than just donating it or leaving for my kids to deal with
Sometimes we try and factor in a lot of things when trying to price something, but at the end of the day, it really all boils down to what price point the vendor is comfortable selling at - and that’s okay too!
I got a bunch of hides on sale last year, and as I work through them, I have to remind myself that leather is for more expensive if and when I need to restock any particular leather
Just discovered this channel a few days ago and absolutely love all the videos. Very informative and helpful. I use a tall 4 fold pegboard to display several different items. What’s the best way to display price signs on it?
If you can get your signage laminated, that would be a big help. It’s going to be more durable outdoors and hold up against rain/mist but also protect it a bit from wrinkles/folds, etc.
You could then hot glue magnets on the back of the sign or even just sticky Velcro to the sign and then your pegboard. You could also use binder clips which come in handy a lot at craft fairs.
I think any of those options would be good 😃👍
@@howtocraftfair great ideas! Thank you so much!
Are you buying grocery store glasses? If not, ask your optometrist to shorten or provide glasses that don't slide off;)
Hahaha these things are the worst!! If I had a dollar for every time I pushed them up, I could retire today. 🤓🤣
Ditto!@@howtocraftfair
@howtocraftfair I have a free cost & profit margin calculator that’ll help figure out pricing automatically! 🤓