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How much should i charge for a homemade door or wall wreath that cost me $15 to make?
The best I can total up my cost for materials was around $15. It is the grapevine wreath 12 in. which is the lg one, there is a 14 in. i did not account for my time. I saw them in Michaels and they were priced at 44.99 and didn't have as many flowers,etc as mine. I know i could not sell them fot that but would like to sell them for $28 -$30 to account for my time and gas going to get materials and of course a little extra. I am going to try to either put them on Ebay or sell at a flea mkt, of course i would have to pay a boothe rental there and i'm not sure how much that is right now. I am wanting to start my own gift and flowershop but want to seee id these will sell first.
Your idea of $28 to $30 sounds good. You will certainly want a lower price than that offered in stores.
Since you say you are planning to start your own business, it is always best to keep your prices as low as possible within reason. Make a profit, but be careful not to price yourself out of the market, especially since you do not have a customer base and word of mouth is a business person's best advertising program.
Square Deals are your best plan. It takes months to build good Word of Mouth. It takes Years to live down bad Word of Mouth. Most businesses do not survive that long.
Remember, you can make a huge profit for a year, or a steady profit for 40 years. Your choice.
Jackie Greene, Heard It Through The Grapevine ~ The Wall ~ Grapevine!! Mystic Theater 2-8-11