Hello and Happy August! I have an update for my card-making business that I’m going to dive into right from the start.
I have had quite a bit of business in the last year since selling my card creations. When I first started selling them last summer, I did not know where to start in pricing and I was content with $25.00 for a set of 10 cards which included shipping. I am not trying to make a living from this but I still need to cover the costs of supplies and a bit of my time. I have been told multiple times by friends and family that the price I charge is not high enough for what I make and I should be asking more. It is difficult to put a price on your own work! I have been doing a lot of thinking and researching concerning the pricing of handmade items. I have looked on Etsy to see what is out there in the card-making world and am surprised at some of the higher prices of other handmade cards that are much simpler than mine -no stickers, no shimmer, no sentiment or greeting, no detail– just a patterned paper piece glued on to a card base. The ones who have given me advice are businesswomen who know how to handle business and finances successfully and I value their input. But what to charge? It would be less expensive to mass-produce the same card or set of cards, but I am not ready to do that. I enjoy making each card a bit differently, even if I use the same patterned paper for multiple orders.
Through research, I am learning I need to start keeping better track of expenses as card orders keep coming in. I have had enough consistent repeat purchasers now to make this a priority (stray gifts!!). I need to learn how to make a spreadsheet and factor in the time it takes to make a card and what it costs for shipping. In the past year, shipping prices have increased. I was shocked at how much it cost to ship a set of 10 cards out recently –it’s just paper! I am also looking into a different kind of packaging to see if there is a less expensive way to send the cards securely so they don’t bend in the shipping process.
I hear the advice I am being given. I don’t take it lightly. With that said, I am raising the price for a set of 10 handmade cards to $35.00. This does include the shipping. If you would like to order more than 20 cards, we can discuss a bulk price. And even if you would like just a few, we can discuss that as well. The price may increase in the next six months to a year but, for now, John and I agree this is the next step.
I am so grateful to you who keep coming back for more cards! I love making them for you. Your encouragement and your business mean so much!
Great idea and well worth the extra
increase due to the fact that each card in hand made and one of a kind. Great work of art and personality!
Thank you for your encouragement!