Submitted ByEdit Dates
Date Uploaded: March 8, 2005, 8:31 pm Last Edited: January 13, 2013, 4:49 pm |
![]() Site Favourites Print this Article |
Consistent and Reasonable Pricing System
Article © MAIL User: the kid
$1.50 per oz.
+ materials (round up to upper $5.00 (i.e. materials= $7.50. round to $10.00))
+ plus wages
+ any extra features
= total price (round to the nearest $5.00 unless total is less than one dollar over(i.e total= $92.30. round to $90.00))________________________________
wage chart:
________________________________
under 8oz. : $3.00 per hour
9 oz. - 16oz.(1lb.) : $2.50 per hour
17oz. - 24 oz.(1.5lbs) : $2.00 per hour
25 oz - 32 oz.(2lbs.) : $1.50 per hour
33oz. - 48oz.(3lbs.) : $1.25 per hour.
above - 49 oz. : $1.00 per hour
_________________________________
For example: I make a chain maille guitar strap for someone. It weighs 2 pounds and took 15 hours to make. At 2 pounds, I get $1.50 per hour. I also get $2.00 for every oz. There are materials costs too and extra features.
$1.50 X 15 - - - - - - - - - - - - - - - - - - - - - - - - - -$22.50
$1.50 X 32 - - - - - - - - - - - - - - - - - - - - - - - - - -$48.00
$9.76(wire) + $1.50(leather)
rounds to $10.00(wire) + $5.00(leather) - - - -+ $15.00
_______________________________________________________
total price - - - - - - - - - - - - - - - - - - - - - - - - - = $85.50
sale price - - - - - - - - - - - - - - - - - - - - - - - - - = $85.00
_______________________________________________________________
As with any sales, you may want to give discounts for multiple orders or repeat customers. Also, you may need to knock off a couple of dollars off the total price to please the buyer.
-kid
Original URL: http://www.mailleartisans.org/articles/articledisplay.php?key=202