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0 sats \ 5 replies \ @AG 16 Dec \ on: What's a fair price for buyer AND seller? AGORA
I guess you would not sell for 20-25, as it barely will cover the production cost. Your design and the fact that is a hand-made product drastically increase its value.
A good market research maybe help define your product price. Etsy offers various... Did you find any Boxy Bag alternatives in the EU market? What price they sell? What about in the US?
I've talked with tailors who make and sell their own items, and they all charge 30$ upwards per hour on top of production costs, which I'll most likely do as well, maybe little less steep.
People wildly underestimate how much work goes into making these, and how expensive it is. Maybe here's Temu et cetera to blame, as these make it look like it costs next-to-nothing, which isn't true.
I've also looked at Etsy as well as other "small" companies like Matbock and Otte gear, and they're all in the same price-bracket, typically higher in the case of Matbock.
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