**Daily Chat-Tues June 22nd-Welcome Along!**

BILLIE

I really like all of them Claire - I would say £6 is reasonable. x

Lucifa73

17 crystals @ 4p each = 68p
Thread - 20cm @ £2 per metre =40p
5 large beads @ 10p each = 50p
1 charm & spacer @ 25p = 25p

Minimum wage ~£6 /6= £1

Packaging costs 77p per printed box = 77p

Subtotal £3.60

Other overheads say 10%, rounded up. 40p (you use heat/light etc when you make them)

Total cost £4 (excluding stall costs if at a fair)

How much does a table cost at a show? How many items do you sell on average?


Are you happy with £1 or £2 profit per bracelet?

clairewop

Thanks Billie, I don't normally work with elastic, so the pricing is throwing me a bit, I'm trying to use what i have here without buying any more

scaredy_cat

Bunny, i think you should have my pic as your pc wallpaper at work!!

clairewop

Lucifa73 wrote: »

17 crystals @ 4p each = 68p
Thread - 20cm @ £2 per metre =40p
5 large beads @ 10p each = 50p
1 charm & spacer @ 25p = 25p

Minimum wage ~£6 /6= £1

Packaging costs 77p per printed box = 77p

Subtotal £3.60

Other overheads say 10%, rounded up. 40p

Total cost £4


Are you happy with £1 profit per bracelet?

I'd rather have £1 profit than out price myself and they don't sell suppose i could try £5.50

clairewop

The show i'm doing the weekend is £75 for the 2 days

No wonder i'm not making much money lol (although I make it cause I enjoys making it)

Lucifa73

clairewop wrote: »

I'd rather have £1 profit than out price myself and they don't sell suppose i could try £5.50

Also valid. But it makes no sense to do it as a business if it costs more then it earns;) £5 - £6 seems reasonable based on the figures you gave me;)

How many items would you expect to sell over the 2 days? I know it won't be just bracelets but if you divide the £75 by the average number of items you expect to sell you can work out a rough allocation of the cost.

I just had a thought - have you thought of making up little kits including beads, thread/wire and instructions so people can make their own?

clairewop

I've never done this fair before, its a new one, Its local so no travelling fees.

Need to make some money from the jewellery this year or dh says i have to stop perhaps i need to rething my pricing?

Nope never thought of making kits up

whatatwit

Lovely bracelets, don't forget, you have already allowed a 'wage' in the costings, so at £5 you would be making £2.
Hope you do well at the show.

clairewop

whatatwit wrote: »

Lovely bracelets, don't forget, you have already allowed a 'wage' in the costings, so at £5 you would be making £2.
Hope you do well at the show.

don't sound too bad then i'll leave them at £5