Categories
Crochet Business

Pricing Your Crochet Makes

Hello, fellow crochet enthusiasts and artisans! Today, we’re diving into a topic that’s close to the hearts of many in the crafting community: pricing your crochet creations. For lots of us crocheting is more than a hobby; it’s an art form that deserves to be valued and compensated accordingly. So, let’s explore the importance of pricing your work, the role of location in setting prices, the supportive online crochet community, and the compassion needed for those just starting out. But, be aware, pricing can also be a divisive topic within the crafting community!

Valuing Your Artistic Work

First and foremost, it’s crucial to understand that your crochet creations are not just pieces of yarn; they are the result of your time, creativity, and skill. Whether it’s a cozy blanket, an intricate amigurumi, or a stylish accessory, your work is a piece of your artistic soul. When you price your item you are not just pricing that one piece, you are factoring in all the years of practice, failures and frustrations that lead you to where you are with crochet today. Pricing it fairly reflects the value of your talent and effort.

The Influence of Location

One significant factor that plays a role in pricing your crochet makes is your location. Prices can vary greatly depending on where in the world you reside. What might be considered a reasonable price in one area could be shockingly low or high elsewhere. Consider factors like the cost of living, market demand, and the competition in your region when setting your prices. Living and selling in high cost or premium locations will have an influence on how you price your items in order to make a profit. Imagine the cost of a table at big city artisan market versus your local church craft fair.

Knowing Your Local Customer

Similar to location is your local customer! While the online crochet community can provide valuable insights and inspiration, it’s essential to remember that your local market plays a significant role in determining prices and what items are likely to sell. Are you living in a large metropolitan city with high fashion influencers on every corner looking out for the next big trend. Or are you in a more rural setting where handmade, durable items are the number one seller. Understanding the preferences and spending habits of your local customer base is key to finding the right price point.

HOT TAKES

The Online Crochet Community: Support and Misleading Influences

The online crochet community is a wonderful place to connect with like-minded crafters, share patterns, and find inspiration. However, it can also be a double-edged sword when it comes to pricing. On one hand, it offers a supportive platform where fellow crocheters appreciate the time and effort that goes into handmade items. On the other hand, it can be misleading when putting pressure on others to sell at certain prices without knowing all the factors that are relevant to them. We’ve just thought about important some of the factors such as the location and customers are; now imagine the Facebook commenter who is angry/ disappointed/ frustrated with your pricing, do they know these factors? Probably not. But you do, you know what’s available in your area, what the local consumer wants, and you know how much they are likely to pay for it. And even if you don’t, you will learn. Which leads us onto our next point…

Starting with low prices is okay!

If you’re just starting out as a crochet seller, it’s okay to start with lower prices until you find your footing. Building a customer base and gaining experience are valuable steps in your journey. However, and it’s a big however, you want this to be sustainable, in order for your business to last, you need to feel committed to it. Often I hear crocheters online speak of how much work they have done and how little money they made. If this feeling is creeping in, then it might be time to look at your prices. Feeling that it’s not worth your time and effort can only lead to one place, letting your business go. So it’s important to keep an eye on your costs, value your time, and gradually adjust your prices as you gain confidence in your craft.

In conclusion, pricing your crochet makes is a multifaceted process that involves valuing your artistic work, considering your location, navigating the online crochet community, knowing your local market, and showing compassion for newcomers. Remember that your work is a labor of love and creativity, and it deserves to be priced accordingly. Don’t be afraid to stand behind the value of your craft, and don’t hesitate to adjust your prices as your skills and experience grow! 💕🧶

Leave a comment