A Basic Pricing Formula for Etsy & Handmade Business | Why you're probably pricing wrong.

Do you struggle with pricing your handmade goods?

Trust me - you are NOT alone. Pricing is one of the hardest parts of starting and running a handmade business - and if you're selling on Etsy, even more so, if you're comparing your prices directly to other people selling similar things.

Goodness knows my pricing was atrocious when I started!

SO many makers (if not all) drastically under-price their work - especially in the beginning.
Today I'm going to take you through the basics of pricing - not only giving you a few formulas, but explaining WHY they exist and what they are taking into account.

I hope you have a revelation on pricing after you watch this one!

✨ If you need more help with your pricing, don't miss my upcoming LIVE online workshop: The Art & Science of Pricing.

This workshop will teach you how to price your handmade goods. In it, I outline a 2-step process to pricing.

First, pricing with the 'Head' - this is the scientific part, which means crunching the numbers to see what you need to be charging in order to cover all your costs and make at least some profit.

Then, pricing with the 'Heart' - this is the artistic part, using research, emotion and brand positioning to arrive at a final number.

I know that pricing is one of the hardest parts of running a handmade business - and it's also something we need to revisit on a regular basis as our businesses and our skill level grows.

You should walk away from this workshop with a solid grasp of the pricing process, and how to apply it to your unique items.

⏰ Live Online Workshop: Thursday the 28th of October at 10:00am Brisbane time (AEST - NOT Sydney/Melbourne time).

If you're already a Thriver Circle Member, you can RSVP here: https://www.facebook.com/events/1009398562964220

Not a member? Join the Circle here to participate in this workshop: https://thrivercircle.com/join-the-circle/

If you're watching this after October 2021 - no worries! The workshop will be recorded and will be available inside the Thriver Circle in the Resource Library, which you can access immediately on becoming a member: thrivercircle.com

💡 If you enjoy this video, please consider giving me a thumbs up, and make sure to subscribe if you'd love more content on having a thriving and profitable handmade business, and a happy & healthy work-from-home lifestyle.

Thanks for your support!

Jess :)

#pricing #etsyprices #pricinghandmade
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Get 40 free listings when you sign up to sell on Etsy using this link: https://etsy.me/3kiew52
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I'm wearing my own jewellery in this video, including the Teardrop Earrings: https://epheriell.com/product/teardrop-art-deco-inspired-minimalist-sterling-silver-earrings

All of my sterling silver jewellery is available from my own website, and on Etsy.

My Epheriell website: https://epheriell.com
My Etsy shop: https://www.etsy.com/shop/epheriell
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Join my membership community & educational hub for makers:

https://ThriverCircle.com
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I have a podcast for makers, too!

You can see all the Create & Thrive Podcasts here:

http://www.createandthrive.com/ctpodcast
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G'day!

I'm Jess Van Den - a former school teacher and science communicator - and I've wanted to make a living online since 1998. But it took me another decade to figure out how...

I started my craft business Epheriell.com as a hobby in 2008 - and in 2010 I went full-time.

I've been 100% self-employed ever since.

In 2013 I also started createandthrive.com to help other makers turn their handmade hobby into a thriving business via a blog, podcast, courses, membership community + more.

I also love learning & sharing more about health, happiness, plants, and how to be more effective as a work-from-home, full-time self-employed creative - so I have all the time I need to do all the things I love.

You can follow me on instagram:
Handmade business help: https://instagram.com/createandthrive
Sterling silver Jewellery: https://www.instagram.com/epheriell/
Personal feed: https://www.instagram.com/jessvanden/

~ Jess

Видео A Basic Pricing Formula for Etsy & Handmade Business | Why you're probably pricing wrong. канала Jess Van Den