Wednesday, January 27, 2010
The price of LOVE!
Who makes and sells hand crafted items? Lots and lots of you.
And who hasn't been tormented to some degree by finding a fair price for said hand crafted items?.........not many of you I'll bet.
When Megan Auman's Cozy/cuff bracelets (pictured below)were featured on the Etsy Facebook page, little did she know it would spark such a HUGE debate around the issue of under/over pricing your work, and the devaluing of the hand made due to the cheap Walmart( Kmart here ) culture.If your a little bit interested in all the twists and turns this debate took, and the clear justification the designer had to make regarding her (fair in my opinion) prices, go and have a read.
At least there are good lessons to be learned from this debate, but as I've always said, most of us will grow old and grey waiting for etsy to make us a decent living.
I think honest hard working crafts people with good ideas and clever design who also juggle every thing else involved in running their business should not be burdened with the torment of getting the price right so it is both competitive and profitable.
Generally, sellers will ask what they think is a fair price with Everything factored in........ including their blood(ouch) sweat (phew) and yes, a few shed tears........ and did I mention minimum wage?