Pricing Calculator for Handmade Products
Take the guesswork out of pricing your handmade products and spend more time making. Our comprehensive calculator helps you account for materials, labor, packaging, and marketplace fees to ensure you're pricing for profit.
Materials Cost
Material Name | Item Cost | Item Size | Quantity Used | Total | Actions |
---|---|---|---|---|---|
$0.00 |
Material 1
Labor Costs
Description | Hourly Wage | Time (hours) | Total | Actions |
---|---|---|---|---|
$0.00 |
Activity 1
Packaging Cost
Description | Item Cost | Item Size | Quantity Used | Total | Actions |
---|---|---|---|---|---|
0.00 |
Packaging 1
Craft Show Costs
Card Fees
Transaction Fee % | |
Transaction Fee $ |
Total Card Fees: $0.25
Booth Fee
Average Booth Fee | |
Average Items Sold |
Total Booth Fees: $0.00
Pricing Overview
Forward Calculation Mode
Calculate the selling price based on your costs and markup percentage. This is the traditional approach to pricing your products.
Cost Breakdown
Materials:$0.00
Packaging:$0.00
Labor:$0.00
Other Costs:$0.00
Booth Fees:$0.00
Transaction Fees:$0.25
Total Cost:$0.00
Selling Price:$0.25
Profit:$0.00
Pricing Tips for Handmade Products
Understanding Your Costs
- • Track all material costs, including waste
- • Calculate your time at a fair hourly rate
- • Include packaging and shipping materials
- • Account for marketplace and transaction fees
Pricing Strategies
- • Research competitor pricing in your niche
- • Consider your target market's price sensitivity
- • Factor in seasonal demand fluctuations
- • Build in room for discounts and promotions
Frequently Asked Questions
How do I calculate my hourly rate for labor?
Consider your skill level, experience, and local market rates. Many artisans charge between $15-50 per hour depending on their expertise and the complexity of their work.
What markup percentage should I use?
Typical markups range from 20-100% depending on your market, competition, and product uniqueness. Start with 50% and adjust based on your research and testing.
How do I account for craft show booth fees?
Divide your total booth fee by the number of items you expect to sell at the show. This gives you the booth cost per item to include in your pricing.