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Pricing survey....... What would happen if we all bid on the same project?

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Forum topic by huff posted 06-25-2010 04:09 AM 3441 views 5 times favorited 73 replies Add to Favorites Watch
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huff

2810 posts in 2039 days


06-25-2010 04:09 AM

This past week has really brought forward two very interesting topics…......Div posted a forum topic, “Monkeys working for peanuts”, and a1Jim posted his topic, How much is your woodworking worth!.
Both topics generated a lot of interest and responses. Everyone from the hobbiest, to the woodworker doing it as a secondary income and the full time woodworker. So….It gave me an idea, I would like to do a pricing survey! Bear with me for a minute and let me explain. Cabinetmaker magizine ( a national trade publication), does this every year and invites professional shops from across the country to participate to bid on a similar project to be able to compare pricing across the country. I have participated for the past four years and I find it very benificial. At first I was a little intimadated, being a one man shop and I knew I would be bidding with large production shops, but that doesn’t matter and I found out that didn’t have a lot to do with the final prices. It’s fun! Here’s how it would work; I would like to make available 5 different projects that we all could submit a bid on. Each project would have a picture of the finished project with all the dimensions and specs for that particular projects. Detailed drawings will be supplied where needed. I thought I would have a box of some sort, a cutting board of some sort, possiblly an entertainment center, and a couple other cabinets. I will try to keep projects basic enough that everyone will be able to bid on. If you are interested, then you will be able to PM me and I will send you a package with all 5 projects, pictures, specs and so forth. I will also include a short story telling you how this sale came about, which might influence on how you might price it. You can bid on any one that you feel comfortable with. ( or all 5 ). After the cut off date, I will complile all the results and list them on a future forum. I will be asking for build time/ hourly rate, finish time/ hourly rate and material cost. = total price for building that project. (or your formula for determining your price). I won’t use anyone’s name, but thought I could just asign a number to your bid and you will be the only one that will know your number ( except me)............Trust me, your secret is safe with me. I would also like to list maybe the state and if you are a hobbiest, part time woodworker or a full time woodworker. All these projects have already been built and sold and on the final results I will share with everyone what each was sold for. Anyone up for the challenge?

-- John @ http://www.thehuffordfurnituregroup.com


73 replies so far

View Ger21's profile

Ger21

680 posts in 1885 days


#1 posted 06-25-2010 04:26 AM

View thefishingschool's profile

thefishingschool

41 posts in 1771 days


#2 posted 06-25-2010 04:37 AM

so do we make or bid?

-- wood takes time and effort... just like women

View patron's profile

patron

13185 posts in 2095 days


#3 posted 06-25-2010 04:43 AM

$20

-- david - only thru kindness can this world be whole . If we don't succeed we run the risk of failure. Dan Quayle

View tburritt's profile

tburritt

21 posts in 1837 days


#4 posted 06-25-2010 04:46 AM

Count me in. It will be interesting to see the results from different areas.

-- Just a small fish in a big pond trying to make a difference one job at a time.

View tyskkvinna's profile

tyskkvinna

1308 posts in 1740 days


#5 posted 06-25-2010 04:53 AM

great idea! I will participate.

-- Lis - Michigan - http://www.missmooseart.com - https://www.etsy.com/people/lisbokt

View Roz's profile

Roz

1661 posts in 2541 days


#6 posted 06-25-2010 05:02 AM

This sounds like a great learning tool. I want to follow along and see how it all works out.

-- Terry Roswell, L.A. (Lower Alabama) "Life is what happens to you when you are making other plans."

View Jerry's profile

Jerry

2253 posts in 2301 days


#7 posted 06-25-2010 05:15 AM

Yes, this does sound very interested. I will look forward to it.

-- Jerry Nettrour, San Antonio, www.topqualitycabinets.net

View spud72's profile

spud72

319 posts in 2248 days


#8 posted 06-25-2010 11:25 AM

In Canadian or US funds?

-- Guy,PEI

View huff's profile

huff

2810 posts in 2039 days


#9 posted 06-25-2010 01:34 PM

I’m glad to see the response so far. I’m selecting the projects now and working on a quote sheet for each one. I’ll send them out by this weekend. I would like to send out a packet to everyone that has responded so far if that’s OK. You don’t have to fill it out if you don’t want too, but thought it would help you follow along when we do the bids. You will have a better understanding what and how they bid on each project. Just drop me a line if you don’t want a packet. I don’t want to offend anyone or push anything on someone, but I don’t want to leave you out either. No gimmicks, no strings attached and no hidden agenda. I will not be using anyones name in the survey. I will assign a number to each one and not use names. I would like to state from which state the bid came from and if you are a hobbyist, part time or full time woodworker.

Spud72, either way, but would probably be easier for everyone to follow if it was all one currency.

-- John @ http://www.thehuffordfurnituregroup.com

View Mark Shymanski's profile

Mark Shymanski

5119 posts in 2467 days


#10 posted 06-25-2010 02:27 PM

Interesting. I’d like to take a crack at this also…although I think I will probably use a lot of the advice from this site to do an actual quotes as I am the quintessential hobbiest and have no idea what my work should be charged out at… I mean who’d pay for the stuff my wife has to put up with LOL!

-- "Checking for square? What madness is this! The cabinet is square because I will it to be so!" Jeremy Greiner LJ Topic#20953 2011 Feb 2

View SgtSnafu's profile

SgtSnafu

959 posts in 2026 days


#11 posted 06-25-2010 02:32 PM

I am in – I would also be very interested to see the states (or country) the bidders are in also to be able to see the results in a regional format as well… Thanks Huff for the great idea…

-- Scotty - aka... SgtSnafu - Randleman NC

View nailbanger2's profile

nailbanger2

969 posts in 1898 days


#12 posted 06-25-2010 02:33 PM

Count me in, a great learning experience.

-- Wish I were Norm's Nephew

View albachippie's profile

albachippie

542 posts in 1789 days


#13 posted 06-25-2010 02:42 PM

I’d be interested. Not sure if you’d be looking for international bids though?! I wouldn’t include shipping! It would be very interesting for me to see how prices compare between US and UK. Would the packs be emailed,
(?) because the shipping price for drawings etc would obviously be prohibitive otherwise.

-- Garry fae Bonnie Scotland - https://www.facebook.com/pages/Garry-Macdonald-Woodwork/425518554215355?ref=hl

View TheWoodsman's profile

TheWoodsman

65 posts in 1650 days


#14 posted 06-25-2010 02:48 PM

I’d participate. I’ve read the Cabinetmaker surveys for several years and am astonished by how low the low bids are and by how high the high bids are. Guess I’m a ‘tweener.

-- I'm the Woodsman . . . the four-wheelin', tree-farmin', custom-furniture-makin' descendant of Olaf "The Woodcutter" Ingjaldsson.

View Maveric777's profile

Maveric777

2691 posts in 1831 days


#15 posted 06-25-2010 02:50 PM

I have “ZERO” experience with this sort of things. I would be interested in checking it out….. Sounds like an excellent learning opportunity.

-- Dan ~ Texarkana, Tx.

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