How to price handmade work
Practical guidance: how to price handmade work.
Key principles
- Separate materials, accessories and labor.
- Include swatches, waste, packaging and selling fees.
- Margin is not the same as markup on cost.
Step-by-step process
- Record yarn, tool and project parameters.
- Make a small test and measure it without stretching.
- Compare the result with the target and change only one parameter at a time.
- Record the decision in the project journal so it can be reproduced.
Common mistakes
The most common mistake is treating label or pattern data as a guarantee. Technique, fibre, stitch and washing can change the result.