Some people have expressed interest on how much items go for and how to price your projects. I don’t know much about this, but I hooked up with my local farmer’s market and set up some of my projects for sale. It was rather chilly for a summer day here, and not many people turned out, but in 4 hours I did manage to sell two things. Also I had a lot of people picking up my work and feeling them, opening them, and lots of great comments on workmanship wood choices etc. I learned a lot about what people look at the most and which designs and functions make them say WOW.
My first sale was this jewelry box:
It was sold for $25. I thought this was a reasonable price. I do woodworking for a hobby mostly, but I do try to sell things to recover cost of materials. I don’t really worry about paying myself too much, because the enjoyment I get from building is payment enough for me. This box didn’t really cost that much to make, the wood was free, hinges were about $1.50, magnets about $.25, felt about $.25. So 2$ in materials turned into a $23 profit. It took me about 2 hours of actual “work” to make it, so on this piece I did pretty good. If I did this “production run” style I could probably do quite well, but I like to make one-of-a-kind items. Also I learned this was going to California for a gift, I thought that was really cool to know my work was going for a long ride.
My other sale was this little box:
It sold for $15. I couldn’t believe it sold. It was probably in my opinion the worst project on my table. It was one of the first band saw boxes I made, and was mostly a sawing technique practice piece. I wasn’t even going to bring it along, but my wife insisted. I did line it with some felt before we went though. This wood was free scrap, and the only real material cost was the felt, maybe 25 cents worth.
So all in all trip number 1 to the farmers market was a mini-success, selling 2 items with low customer turn out. I did learn a lot though. Like trays in jewelry boxes are desirable. I hadn’t really put much thought into designing the inside of my items, mostly the outside. I will change gears here. Also I learned that people can’t resist curved wood, or textured surfaces. That crackled bandsaw box I built got a lot of touchy feely action today.
I plan on going back again next weekend, I still have about 15 boxes to unload! If there is enough interest I’ll follow up with more results.
-- James, Bluffton, IN