söndag 12 april 2020
Handmade Business Mistakes �� 4 Things I'll Never Do Again ❌
Here are 4 things I wouldn't do in my handmade business again.
These aren't things I regret doing, because I don't! If I had never done them,
I would never have known they aren't things I want to do again in my business.
Handmade Business Mistakes �� 4 Things I'll Never Do Again ❌
Here are 4 things I wouldn't do in my handmade business again.
These aren't things I regret doing, because I don't! If I had never done them,
I would never have known they aren't things I want to do again in my business.
Handmade Product Pricing Facts You're Not Considering �� That's Costing Y...
Pricing your handmade products is part art, part science. The science part is easy to follow, but the art of it can be dangerous if you’re not thinking about it correctly. Watch this video to learn more about some handmade product pricing facts you’re not considering that’s costing you sales in your handmade business.
If you’re new to me and my channel, you probably don’t know this about me but I went to college for a math degree. So numbers and I are very comfortable. Now, before I freak you out. Math is only really helpful for the science part of business. So if you’re not good at math, don’t worry, you don’t have to be to be successful with your business. What we’re going to cover today is more of the art side of things.
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Handmade Product Pricing Mistakes ❌
You’re probably making at least one of these five handmade product pricing mistakes that can cost you sales, attract the wrong customers to you and maybe even cause you to go out of business. Watch this video now so you can fix your product pricing and avoid all of that from happening. The first mistake is when you don’t use a pricing formula. I believe every product price needs to follow a two step process. The first step is you need to use a formula. My formula is taking your materials cost, add your time spent making your products, then multiple by two. That gives you your wholesale price. Then take your wholesale price and multiple by two again to get to your retail price. Now, even if you never sell wholesale, it’s healthy to include it anyway, and what that does is adds an extra layer of profit for your business that keeps you sustainable.
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