Bag No. 2 and advice please.

View previous topic View next topic Go down

Bag No. 2 and advice please.

Post by Lorraine on Fri 4 Apr 2014 - 19:19

This is my 2nd bag: Going Dotty! It's the same design as the owl bag 'cause a) I like the pattern and b) I'm keeping the owl bag. Not great pics again, it's a nightmare trying to photograph the lining!!!!





The bag is a lovely size. 18 inches across the top and 13 inches deep. I've costed the materials that I used.

Fabric #1 .........................4.00
Fabric #2..........................2.00
Fabric #3..........................2.00
Interfacing........................1.40
Fusible fleece....................3.88
Magnetic snap...................0.50
Button..............................0.30
Thread.............................1.00

Total..............................15.08

At that price the Etsy and Paypal fees, give or take, (4% + 15p) and 4% would be 1.35, giving a total cost for the bag of 16.33. But, I obviously want to make a profit. People say you should at least double the cost, but I'm darned if I'd pay nearly 33 for a home made bag. What should I sell for? What would you be willing to pay for a well made, unique bag?

The bags on Etsy certainly aren't cheap so I was wondering about maybe between 22.50 and 25 and obviously the fees would be a little more, but still not prohibitive.

Thoughts girls, please.

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by lyndaejane on Fri 4 Apr 2014 - 19:49

You should also cost things like electricity to run the machine, wear and tear on the machine, postage on the materials if you haven't included that in the cost, and probably other things which I can't think of at the moment. Love the bag!

You're probably right that people wouldn't pay 33 for the bag: not sure what you should charge. Under 25 [u]feels[u] better, if you know what I mean.

Lynda

lyndaejane
Awesome Artist
Awesome Artist

Number of posts : 9396
Age : 69
Location : Richmond, Yorkshire - Town of the Year 2009
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by supergran on Fri 4 Apr 2014 - 20:26

Lovely bag and its not home made its hand crafted, about 25 sounds good.

***************************************


___________________________
http://www.search4plates.co.uk/collectable-plates-collectors-browse.asp

supergran
Awesome Artist
Awesome Artist

Number of posts : 6638
Registration date : 2008-08-31

Back to top Go down

Re: Bag No. 2 and advice please.

Post by WeirdCat on Fri 4 Apr 2014 - 20:35

I bought a bag for 25 the other week and yours is as good if not better so yep 25

***************************************
Ruth

My Blog: http://weirdcatcardsnstuff.blogspot.com/

WeirdCat
Moderator
Moderator

Number of posts : 9923
Age : 49
Location : Soggy North West
Registration date : 2008-08-30

http://weirdcatcardsnstuff.blogspot.com/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Scrap Monkey on Fri 4 Apr 2014 - 20:47

There's a lady on the popular patchwork forum that sells satchels ( about a4 sized) as fast as she can make them, and they're 30.

***************************************
Tina
My Beads on Etsy




No, I'm not putting my 'to do' list here, that would be far to organised, PLUS I would have to keep it up to date Laughing

Scrap Monkey
Awesome Artist
Awesome Artist

Number of posts : 7328
Age : 48
Location : Sunny West Wales
Registration date : 2009-02-19

https://www.etsy.com/uk/shop/bearhousebeads

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Lorraine on Fri 4 Apr 2014 - 21:20

Cheers girls. Laughing
Tina, that's worth knowing 'cause I've got a satchel pattern in front of me right now. Mr Green

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by cb on Fri 4 Apr 2014 - 21:41

Another lovely bag Lorraine I'd pay 25 for something like this. It's difficult calculating your costs of everything though as we forget the little bits like electricity etc.

cb
Awesome Artist
Awesome Artist

Number of posts : 4175
Age : 58
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Lorraine on Fri 4 Apr 2014 - 22:53

It's not that I forgot Cath, and I know you're probably right Lynda, but the fact is, it's impossible. You'd price yourself out of the market. Even on a minimum hourly wage, you're looking at nigh on 100 for the hours taken to make these, never mind the leccy and wear and tear. I suppose it's just something we have to live with, but to be honest, I'm more than happy to recover my material costs with a bit for me. Mr Green Actually selling one is the first hurdle though, lol.

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by lyndaejane on Sat 5 Apr 2014 - 7:05

Yes, I know: very difficult to calculate the additional costs, but you must make sure there's some sort of allowance for them, ie don't pare margins down to next to nothing, otherwise you'll actually be making a loss.

I guess the trick is to see what others are charging for similar items and take just a tiny bit off that so you've got the edge.

Lynda

lyndaejane
Awesome Artist
Awesome Artist

Number of posts : 9396
Age : 69
Location : Richmond, Yorkshire - Town of the Year 2009
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Scrap Monkey on Sat 5 Apr 2014 - 9:19

There's a huge debate on the lamp working forums about pricing, and it evokes high emotions as some people make a living, others just pocket money. They would all say 'don't undersell' your product, as it implies that it's of somehow inferior quality. Will have a look later and see if I can see any more prices for you.

***************************************
Tina
My Beads on Etsy




No, I'm not putting my 'to do' list here, that would be far to organised, PLUS I would have to keep it up to date Laughing

Scrap Monkey
Awesome Artist
Awesome Artist

Number of posts : 7328
Age : 48
Location : Sunny West Wales
Registration date : 2009-02-19

https://www.etsy.com/uk/shop/bearhousebeads

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Scrap Monkey on Sat 5 Apr 2014 - 9:54

Claire at Clasibags used to make fabric bags as well as felt ones, worth a look I think?

***************************************
Tina
My Beads on Etsy




No, I'm not putting my 'to do' list here, that would be far to organised, PLUS I would have to keep it up to date Laughing

Scrap Monkey
Awesome Artist
Awesome Artist

Number of posts : 7328
Age : 48
Location : Sunny West Wales
Registration date : 2009-02-19

https://www.etsy.com/uk/shop/bearhousebeads

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Lorraine on Sat 5 Apr 2014 - 10:33

Cheers Tina. About 25 sounds right then. Her messenger size bags are 27.

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Scatty on Sat 5 Apr 2014 - 23:05

Lovely bag and never under price, you sell less because folks think it must be inferior. I will also have to point out things do sell better if they can state that they come from a smoke
free home. So if you can keep them away from any ciggies that will help. Its just how it is, I'm not having a dig. I know lots of people who wont buy if it doesn't state that, DH hates it when things turn up smelling of fags but will buy and then air the thing he has bought. So you could be cutting your numbers of buyers. Also have you thought up a lable for on them, when you are famous they sell for more. Cool
Good luck with selling them cos they look great.

***************************************

Scatty
Awesome Artist
Awesome Artist

Number of posts : 5826
Age : 57
Location : back of beyond
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Lorraine on Sat 5 Apr 2014 - 23:11

I don't' smoke in the house Alison. They'll be sold as from a hairy pet and smoke free home.

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Scatty on Sat 5 Apr 2014 - 23:38

On that note, how is my handbag doing? Wink 2

***************************************

Scatty
Awesome Artist
Awesome Artist

Number of posts : 5826
Age : 57
Location : back of beyond
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Lorraine on Sun 6 Apr 2014 - 11:54

lol!

***************************************
I'm not a complete idiot...some pieces are missing!

Bags to Bling on Etsy
My Blog
My Tutorials
My Photography

Lorraine
Admin
Admin

Number of posts : 15954
Location : On the road to nowhere......
Registration date : 2008-06-02

http://www.lrdesigns.me.uk/

Back to top Go down

Re: Bag No. 2 and advice please.

Post by thriftycrafter on Sun 6 Apr 2014 - 16:32

As above, yes looks well worth 25 and when you look at what mass produced craft totes go for it's a bargain. Lovely work.

***************************************
Creativity is messy and I am very creative.

thriftycrafter
Awesome Artist
Awesome Artist

Number of posts : 10430
Age : 54
Location : Kessingland Suffolk
Registration date : 2008-08-30

Back to top Go down

Re: Bag No. 2 and advice please.

Post by Sponsored content Today at 14:50


Sponsored content


Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum