LumberJocks

Reply by Bert304

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Posted on My First Craft show

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Bert304

27 posts in 2941 days


#1 posted 03-07-2010 08:12 PM

I do not compare myself to Walmart, I need to find the bigger shows but first I have to make more items. What I ment by the question is how do you make 5 and 10 dollar items? Take the Wine Bottle stoppers for example The blank is 6.00 and the bottom is 3.50 for a total of 9 dollars. I charge 25 dollars which leaves me a profit of 16 dollars. It takes roughly 1 hour to make, not counting the cost of the lathe and tools and sandpaper and finishing supplies. Which pays me 16 dollars per hour. If I lower the price to say 20 that only pays me 11 dollars, So how do you make any profit if you sell something for 5 or 10 dollars? Even the Butterfly homes I make are made out of left over plywood and other wood so that cost is out but it is the labor that goes into making them.


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