The Maker's Way

EP 5: Pricing - Profit Margins, Trends & Common Mistakes


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Today we’re taking about pricing handmade products!


00:00 Introduction and Purpose of the Podcast

03:50 The Ideal Profit Margin for Handmade Business

08:52 What is a profit margin?

09:03 Variety in Pricing: Low, Medium, and High

12:48 Incentive Items

15:00 Paying Attention to Pricing Trends

20:02 It’s Okay to Play With Your Pricing

24:41 Common Pricing Mistakes to Avoid: Undercharging

27:46 Overcharging

34:30 Not Pricing Items

37:56 Conclusion and Resources


Free Pricing Calculator: https://www.superseen.ca/product-costs-calculator


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The Maker's WayBy Shawna Murphy