1. Clock your production time
Measure the actual average time spent crafting, finishing, and packaging each item.
One of the biggest mistakes in handmade craft pricing is neglecting the maker's own time. Your labor must be factored into the price so you earn an income, not just reimbursement for supplies.
Benefits for craft makers
Understand that crafting time is a legitimate production cost that belongs in your price.
Discover why two similar-looking items can have vastly different prices based on assembly time.
Create a fair, dignified foundation for pricing bespoke and time-intensive creations.
Tailored for your specific craft discipline
Step-by-step guide
Measure the actual average time spent crafting, finishing, and packaging each item.
Set an hourly rate that reflects your experience, talent, and desired monthly income.
Combine supply cost with labor hours, then add your profit margin on top.
Where this system excels
Essential for detailed embroidery, sculpting, and intricate handmade assemblies.
Distinguish quick stock items from elaborate customized commissions.
Stand behind your prices knowing they represent hours of dedicated craft mastery.
Eliminate the exhaustion of working round the clock for negligible compensation.
Two items using identical amounts of material, but requiring 30 minutes vs 3 hours to create.
Frequently asked questions
No! Labor is your salary for working. Profit margin belongs to the business for reinvestment and reserves.
Yes, undercharging early builds unsustainable habits and attracts bargain hunters rather than appreciative clients.
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