Need your opinions-pricing Walker Bags
07-28-2010, 04:52 PM
#1
Super Member
Thread Starter
Join Date: Sep 2009
Location: At my LQS
Posts: 2,326
I am considering making some walker bags for sale and really could use your opinions about pricing them. My materials cost approximately $14-$15. I use only LQS fabrics. What would you be willing to pay for one? Don't worry..I won't make you buy one LOL
Please be honest and thank you. :wink:
Please be honest and thank you. :wink:
Walker Bag
[ATTACH=CONFIG]69195[/ATTACH]
07-28-2010, 05:07 PM
#4
Super Member
Join Date: Dec 2009
Posts: 3,422
Okay, I'll be the first to bite! I would probably pay $15.00 for one, $20.00 if I really like it. Doesn't leave much profit in this price range.
OOPS...just saw the picture. It looks a little small so I would only pay $10 - $15.00. Sorry.
OOPS...just saw the picture. It looks a little small so I would only pay $10 - $15.00. Sorry.
07-28-2010, 05:10 PM
#5
Senior Member
Join Date: Mar 2010
Location: Brighton, MI
Posts: 985
I would definitely purchase one for a gift. If your supplies cost $15 you will need to sell for $20 to $25 to break even on your time & materials. A funny tip for you, when I was selling items of this nature, if you tuck something like a used paperback book, or a quilt magazine or some little bonus in the bag people will go to that first thinking they are getting something for nothing even if it is a used item. Sold much more that way!
07-28-2010, 05:53 PM
#7
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Join Date: Feb 2010
Location: was Upstate NY, now NC & TN
Posts: 2,328
I would think seriously about using WM or Joann's fabric, or buying some $3-4/yard online. It's a great idea and very pretty but I suspect most people would have a price threshold that won't allow for much profit for you at LQS fabric prices.
07-28-2010, 05:53 PM
#8
Super Member
Join Date: Feb 2010
Location: Texas
Posts: 6,395
Really nice bag!
I know the effort and material that goes into one of these, so I'm wondering if you might not want to find some less expensive fabric (still good quality, but not quite as pricey) so that you could keep your price point at $20 and not feel like you're just giving them away.
We quilters know the value of such an item, but the general public has very little idea of the actual cost of materials plus the time and experience to do something like this, so they are going to mentally go with thinking it cost you maybe $5 and an hour or so to make.
Now if you are in a more affluent area you could likely get considerably more, but not here where I am.
I know the effort and material that goes into one of these, so I'm wondering if you might not want to find some less expensive fabric (still good quality, but not quite as pricey) so that you could keep your price point at $20 and not feel like you're just giving them away.
We quilters know the value of such an item, but the general public has very little idea of the actual cost of materials plus the time and experience to do something like this, so they are going to mentally go with thinking it cost you maybe $5 and an hour or so to make.
Now if you are in a more affluent area you could likely get considerably more, but not here where I am.
07-28-2010, 06:03 PM
#9
Super Member
Join Date: Oct 2008
Location: chicago, IL
Posts: 9,589
Originally Posted by IrishNY
I would think seriously about using WM or Joann's fabric, or buying some $3-4/yard online. It's a great idea and very pretty but I suspect most people would have a price threshold that won't allow for much profit for you at LQS fabric prices.
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