pricing

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pricing

3/23/05, 8:38 PM #1

Tony Costine
Guest

pricing

Tony Costine

>okay. I'm sure this has been gone over several times in the past 3 months alone, but I did 4 seperate searches and found nothing.

What sort of formula (if any) are you guys using to determine the price of a bowl. I know the formual Raffan gives--involving diameter and height and all, but that's older, so I wasn't sure if the world might have moved on.

The bowls will be sold in the League of NH Craftsmen retail shops, which means they get 40 or 50%, so that needs to be taken into account as well.

Thanks.

Re: pricing

3/23/05, 9:10 PM #2

Mark Kauder, Phenix City, AL
Guest

Re: pricing

Mark Kauder, Phenix City, AL

>I think Bill Grumbine figures a basic $10 an inch in diameter for functional bowl w/o special wood. I like that formula. I sometimes take the cost of the wood plus $20 an hour for labor.

My Segmented bowls fall into the more subjective "Art" relm, and I have to price it at what I think the market will bare. I get 60% of the gallery sale price. As long as that results in the materials plus $20 an hour formula, I am happy. BUT not as happy as when I sell it myself for the full Gallery price. ;)

Mark