How much $$ to ask for this quilt?
12-05-2014, 12:20 PM
#32
Senior Member
Join Date: Mar 2009
Location: Lost in my stash- do not find
Posts: 504
I remember from a marketing class I attended once stated that rule of 3.
1. Cost of materials
2. Labor
3. Profit = Total price
Materials $20.00 + Labor $20.00 + Profit $20.00
In a sentence triple the cost of materials
This has worked for me
1. Cost of materials
2. Labor
3. Profit = Total price
Materials $20.00 + Labor $20.00 + Profit $20.00
In a sentence triple the cost of materials
This has worked for me
12-05-2014, 12:29 PM
#33
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
It is very difficult to put a value on a quilt. For just straight stitching, 3 cents an inch is high even in my area of So CA. The few LAQ charge 1 cents for an overall pattern. Depends on your area. You might want to do research on fabric stores online that may have some quilts for sale. I have known a few quilt shops owners, and their samples rarely sold for the price they should have. I use to quilt for others on my Bernina 1530 over a decade ago, and I charge $8 an hour. I kept track of my time signing in and out on an index card. Good Luck !
12-05-2014, 01:44 PM
#34
Senior Member
Thread Starter
Join Date: Nov 2012
Posts: 757
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