LumberJocks

Responce to my show questions.

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Blog entry by Eagle1 posted 11-16-2011 02:25 PM 949 reads 0 times favorited 5 comments Add to Favorites Watch

Thanks for all the imput my fellow Lumberjocks. To answer a few questions. The first show I did make back my booth fee which was $25.00. The second show was $25.00 but I paid it with a rolling pin. The one that I will be at this friday is $25.00. My pens range from $12.00 to $30.00 for the bullet pens. Cutting boards the oak ones are $10.00 and $15.00. The butcher block is $90.00. The bowls are various prices depending on what kinda wood.
I also had hair sticks that were 3 for $10.00 they are made from hard maple. For the show this friday. I have been busy in the show turning out some YOYO’s. I’m putting $5.00 on them. I think things out here in the small town I’m in they are just looking for small items the year, since the eco is bad. There was one guy that looked at the butcher block cutting board was nice but to high. I told him that if you were in the Ozarks (in south Missouri ) you would have to pay over a $100.00.

Oh well we will have to see what happens you never know. I’m hanging in there. This next year I going to have a more variety with alot different price range. I don’t want to give it away either.

Thanks for listening, I’m just frustated.

-- Tim, Missouri ....Inside every older person is a younger person wondering what the heck happened



5 comments so far

View dbray45's profile

dbray45

2585 posts in 1500 days


#1 posted 11-16-2011 03:22 PM

You know, this is the holidays and people will buy presents. Keep some expensive pieces in the mix 4 – $50 – 75 range; 4 – $75-100 range; and 3 or more in the above $100 range. People need to compare and if you sell one or two of the nicer items, the odds are you well sell more of the medium priced.

People look for bargins and some are looking for the best, if they can compare, they are more likely to buy. Telling someone that you are discounting that much tells them you are either selling them poorer quality or they bought crap at a higher price – both not good. Always have a carnival prize or two to get them in – you know, the great big beautiful something that is really expensive and maybe a little gaudy to get their attention. Something in the $500+ range, who knows, you may sell it.

-- David in Damascus, MD

View degoose's profile

degoose

7049 posts in 2078 days


#2 posted 11-16-2011 09:00 PM

Sounds like some very good advice from David.. and Tim… just hang in there…

-- Drink twice... and don't bother to cut... @ lazylarrywoodworks.com.au For lovers of all things timber...

View dbray45's profile

dbray45

2585 posts in 1500 days


#3 posted 11-16-2011 09:38 PM

By the way – if someone want s buy the really nice item (sometimes called the lure), take an order for it – it is custom made to order and this is a demo model and kind of beat up, this opens conversation to do better.

You should always have a check list for special orders as well and have it on a clip board with pictures – lots of pictures.

The idea here is to give the apearance of being busy – with a backlog. People don’t want to do business with people that are hungry for business – it is sad but very often the the case.

Just a thought!

-- David in Damascus, MD

View dbray45's profile

dbray45

2585 posts in 1500 days


#4 posted 11-16-2011 09:51 PM

True story – when Home Depot was looking for a loan so they could expand to a second store they filled the racks of merchandise to the top with empty boxes. The reality was that what was on the floor was all they had and that they could not afford to buy more without the loan – so I am told. They gave the appearance of doing really well – the rest is history.

-- David in Damascus, MD

View Donna Menke's profile

Donna Menke

569 posts in 2990 days


#5 posted 12-01-2011 02:44 AM

Tim- excellent advice has already been posted. Your prices are kinda low. I try to make $10/hour for my efforts- and I am slow. I find that if someone wants something it does not really matter too much how much it costs. Whether or not one will pay $25 or $30 is really not too relevant. If they want it they will buy it. Also, when I was still buying presents- if I had a $20 limit, or $50 limit I was looking for something in that price range- that I thought the person would like.
Setting prices is more difficult than designing and making things, in my opinion.

-- "So much wood. . .so little time!" www.woodworks-by-donna.com

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