LumberJocks

price tag

  • Advertise with us

« back to Sweating for Bucks Through Woodworking forum

Forum topic by Thinice posted 01-23-2018 12:21 PM 1013 views 0 times favorited 16 replies Add to Favorites Watch
View Thinice's profile

Thinice

3 posts in 177 days


01-23-2018 12:21 PM

What would you charge john Q public for this the wife says $250. Think thats just to high. opinions please/Users/johnrussell/Library/Con

-- Just keep moving forward


16 replies so far

View MKH's profile

MKH

50 posts in 124 days


#1 posted 01-23-2018 12:45 PM

Listen to the wide. Things will go smoother in the long run.

You can always lower the price if it doesn’t sell at $250.

-- Marshall --------------------------- In with 10. Out with 10.

View Gene Howe's profile

Gene Howe

10479 posts in 3426 days


#2 posted 01-23-2018 12:56 PM

All depends on your demographics. Around here $175 would be a good price. But, we’re in a depressed area. As MKH said , price it at $250 and see.

-- Gene 'The true soldier fights not because he hates what is in front of him, but because he loves what is behind him.' G. K. Chesterton

View HorizontalMike's profile

HorizontalMike

7757 posts in 2912 days


#3 posted 01-23-2018 01:27 PM

This being a rather simplistic construction piece, you might get away with 2x materials cost.

So how much did you spend on lumber, nails/screws, stain, & glue(if any)? Hopefully you have those receipts…

-- HorizontalMike -- "Woodpeckers understand..."

View Thinice's profile

Thinice

3 posts in 177 days


#4 posted 01-23-2018 02:21 PM

I spent roughly $70 on material and a couple hours time. Im not looking to get rich off of these maybe just sell enough for new toys in the shop.

-- Just keep moving forward

View JCamp's profile

JCamp

563 posts in 548 days


#5 posted 01-23-2018 02:41 PM

Its all about location location location. It does also depend on where u are selling them at too. In my area a craft mall would have at lease the 250 on it if not more but someone might have one setting out at a yard sell for 150. Craigslist/facebook would probably b somewhere in between the two. Id suggest pricing them a little higher than what you will take. If someone is interest but wants it cheaper then adjust the price. If after a few week no one bites lower the price a bit. Also a delivery option might be a plus depending on your area since they cant be hauled in a car or suv

-- Whatsoever thy hand findeth to do, do it with all thy might

View Sark's profile

Sark

72 posts in 358 days


#6 posted 01-23-2018 04:07 PM

Nice looking outdoor piece of furniture. It doesn’t look too comfortable to sit in, which might have a bearing on the price you can charge.

View Dave Carlisle's profile

Dave Carlisle

69 posts in 2153 days


#7 posted 01-24-2018 02:57 AM

Sold one for $375. But I used cypress and expensive finishing material. They were happy with the price.

-- Woodworking Principal

View Woodknack's profile

Woodknack

11626 posts in 2378 days


#8 posted 01-24-2018 08:20 AM

Sell for too low and you’ll get sick of it pretty quickly, it won’t be worth it. I would shoot for $250. But it looks overbuilt, might be able to slim it down and make it easier to move (both ways).

-- Rick M, http://thewoodknack.blogspot.com/

View Ted78's profile

Ted78

381 posts in 1998 days


#9 posted 01-24-2018 09:01 AM

I like JCamp’s response. $250 seems like a good starting point. I don’t think I would go much below $200

-- Ted

View laterthanuthink's profile

laterthanuthink

21 posts in 127 days


#10 posted 01-24-2018 09:33 AM

This would look mighty fine at the end of my dock. Nice and heavy, won’t blow into the lake. I would drill a couple holes in the table and insert recessed cup holders like you’d find on a boat. If you make 3 of these benches in an assembly line fashion maybe you could sell them wholesale to a marine dealer that sells boats docks and lifts for far less than $250, as low as you could go and still make some money. This in addition to your own direct sales might be a great little side gig. Nice work!

View bigblockyeti's profile

bigblockyeti

5120 posts in 1718 days


#11 posted 01-24-2018 10:31 AM

I still struggle with this all the time, it sounds like you’re undervaluing your efforts. I’m guilty of the same and it’s a tough habit to break, price it at what the market will bear and be able to justify your cost. You have your location listed as “up north” where if that’s north Hampton’s on long island, that’d be a real deal, if it’s north of Youngstown, might be a bit tougher sell. Finding comps in the area will help guide you.

View Thinice's profile

Thinice

3 posts in 177 days


#12 posted 01-24-2018 12:36 PM



I still struggle with this all the time, it sounds like you re undervaluing your efforts. I m guilty of the same and it s a tough habit to break, price it at what the market will bear and be able to justify your cost. You have your location listed as “up north” where if that s north Hampton s on long island, that d be a real deal, if it s north of Youngstown, might be a bit tougher sell. Finding comps in the area will help guide you.

- bigblockyeti


I live in Minnesota lol. I priced them to sell here to check the market. I priced low enough to cover cost and put some change in my pocket but not much. Next time I put these up the price is going up a little.

-- Just keep moving forward

View becikeja's profile

becikeja

882 posts in 2811 days


#13 posted 01-24-2018 12:46 PM

$250 seems about right, maybe a little low for a starting price

-- Don't outsmart your common sense

View tomsteve's profile

tomsteve

784 posts in 1217 days


#14 posted 01-24-2018 01:59 PM



I live in Minnesota lol. I priced them to sell here to check the market. I priced low enough to cover cost and put some change in my pocket but not much. Next time I put these up the price is going up a little.
- Thinice

if you have any lakes around that have a lot of vacation homes, that would be a great place to try and sell.
i lived on a lake with about 1400 homes around it and 11% of the people were full time residents. theres was a party store on the lake that the owner let me set up some patio/dock furniture up for sale at. kept me busy and i made some $$$ in the summer- folks with vacation homes have a tendency to have disposable income.

View Bill_Steele's profile

Bill_Steele

297 posts in 1729 days


#15 posted 01-24-2018 05:23 PM

If 2 hours of time and $70 in materials is the true cost to you—then I think $250 is a fair starting price. Based on demand you can always raise/lower the price.

This looks like a substantial, solidly constructed piece of outdoor furniture made from framing type lumber (2x). It has a blocky, Minecraft-like appearance—perhaps a few more curves or more rounding of corners/edges might soften the appearance? It might be nice if there was a hole for an umbrella in that center section. I prefer stain/poly or paint to the burnt finish.

I’ve never sold anything I’ve made, but if I wanted to price something I would start with my costs (time and materials) and add at least 25% for profit. It seems to me that it will always be tough to compete on price with some factory (or cheap labor market) that can churn out mass quantities at low cost—a significant value that you offer is the ability to customize (size, shape, materials, finishes) as well as be accessible to and/or interact directly with the consumer.

showing 1 through 15 of 16 replies

Have your say...

You must be signed in to reply.

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com