small buisness pricing
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user10000
Bracelet King
user10000
3 years, 6 months ago by user10000
Hey guys! So I sell bracelets and keychains on Instagram but I’m having α hard time figuring out how to price my things reasonably! Do any of you guys have any tips?
mintcookie
Bracelet King
mintcookie
3 years, 6 months ago by mintcookie
Well I don’t own an Etsy or anything but, I think some important things to consider:
- the prices of how much other sellers are selling their bracelets
- the cost of living in your area + how much your raw materials cost
- the addition of shipping costs
- the difficulty of the bracelet
- the level of personalisation in the bracelet (eg. Specific names, colours, etc.)
- the ‘uniqueness’ of the bracelet which may add to the costs (eg. Charms, glitter strings, cool colour changing threads etc.)
- how long you spend knotting/ the individual bracelet quality (because we all know some bracelets turn out better than others)
I know I’m not giving a price range but honestly it’s really difficult because friendship bracelets is a pretty broad category! But I think these are some practical suggestions. Oh and also remember not to shortchange yourself/ your work. Good luck ❤️ ❤️
user10000
Bracelet King
user10000
3 years, 6 months ago by user10000
@mintcookie thank you so much I appreciate it!!
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