Pricing Question

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Honey3.14's picture
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Pricing Question

What do you think is fair price for cards? See after my two co-workers both placed orders, it got me wondering, what's a fair price? Certainly each of them, I can do multiple things off one pice of cardstock but each card by itself before any decoration is one piece of cardstock. Presuming there's ribbon and two cricut cutouts on each, how would you price it?

coolmama72's picture
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that's a hard one to answer. you don't want to ask too much, because you want to actually have orders. but you don't want to under price them either. Hallmark (and the like) charge $3-4 for their cards ... that being said, I don't see why you couldn't ask for $4/card (and more if there's a lot of time/materials involved).

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I have been charging $3, but it's really not worth the time/materials into it. DH thinks I need to go up to $4, but I'm worried I won't sell them at that price? Guess I could just try!

Honey3.14's picture
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Alright so $2 a card isn't too much to ask for? I'll be posting pictures of them later. I was thinking $2 to $2.50 seeing as they're friends.

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I really think it depends on the materials used. I would offer around $3 a card, more being if it contained special embellishments or material. I would also offer a group rate

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$2/card is toooo cheap! it's got to be worth your time too.

sadieruth's picture
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$2 is wayyyyy too cheap hon. You work way too hard on those to just give them away!

I am charing $3 a card, but they aren't selling. :confused:

Honey3.14's picture
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Okay 2.50. I feel badly asking them to pay more when they are ordering 20 to 25 cards. It's not that expensive and once I get my rythm won't take that long.

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If you do the math......25 x $2.50 = $62.50. I think that's way more than the cost of materials for 25 cards. I think that's a great deal for friends, charge more if you are going to sell on etsy, especially for individual card purchases. But for "bulk" purchases, you can lower your costs to entice customers and make a sale. Ok, JMO! LOL I've been in the invitation/mailer business before. Smile

Honey3.14's picture
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Thats what I thought too Aja. I'm including the cost of the envelope in that, plus paper and glue, and ribbon, and a little bit of profit for time. They told me to make sure I charge them some profit. They told me they absolutely would not allow me to give them cards at cost. So I think $2.00- $2.50 is definitely fair price, especially at the amount of them they are buying. Now on Etsy I'll definitely charge more.