The Cost of Art

Dec 3, 2011

As crocheters, we can appreciate the time and effort that goes into creating a finished project. Then when that time and effort is combined with the cost of materials, it is easy to see that we crochet because we love to crochet, not because it is a cheap hobby.

 Many crocheters sell their finished crochet projects through Etsy; their own websites; at craft fairs; and to friends, family, and other crafters who appreciate the time and effort. As crocheters we all know that the price of most handmade products if incredibly low when compared with the cost of supplies and the time expended to create the product.

 So when you contemplate time, effort, and yarn cost, how do you determine the price for your handwork? Somer Sherwood recently wrote a fabulous blog post entitled "The True Cost of Handmade" about the cost of handmade art and her crocheted hats.

 I would love to know what you think.

Best wishes,

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shatzsophie wrote
on Dec 3, 2011 11:39 AM

I'd like that pattern.....

PanyaV wrote
on Dec 4, 2011 4:09 AM

This is the main reason I haven't started the Etsy shoppe I've wanted for so long -- I have absolutely NO idea what to charge for things. I made a starghan for my husband's grandmother a year ago and the acrylic yarn I used cost over $50 -- add labor to that, and you have a blanket that *I* would never buy [for that price], so how can I charge someone else such a steep price?

on Dec 4, 2011 8:30 PM

I currently have an active etsy shop which I too struggled with pricing my projects. But for me its more about sharing my craft and gift with others.  Do I expect to support my family off of the money I make from etsy and craftshows? No! It does however, support my own etsy addiction and allow me to purchase from other crafters items that I love but dont have the talent or time.  

I take into concideration three things when I come up with my pricing, 1st: How much did the supplies cost me? 2nd: How much time did it take for me to complete the item? 3rd and I feel most important: If I did not have the talent to make it, would I MYSELF be willing to pay this price for it?