In this fourth episode of the Market 101 Series, we dive into the controversial world of pricing your makes. While there are many different methods you can find online, both of us use the same method which we explain in detail in today's episode. We've also been known to compare pricing with friends/other makers to ensure we are all on the same page and have found that it often helps a lot with having the confidence to price yours makes properly. Knowing your worth and remembering who your target customer is are extremely important in this exercise.

If you need a refresher or just want to skip to the good part, here's the formula we use to price our handmade items:

Costs of materials + (hourly rate x hours spent to make item) + profit = $$ What you should charge

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