I have been asked by customers and by other bloggers how I price my hand knit items. I do everything by a set price plus cost of yarn. I do this for 2 reasons, 1) It makes it simple for me to remember what I quoted to which customer and 2) I really LOVE to knit and want people to enjoy the things I make and by having a set price it seems to bring in return customers a lot. I couldn’t imagine paying $20 for a hat, so why would I charge someone else that price. I will be knitting either way so if I can make a couple dollars while at it great, but I don’t want to make it a job or have people iffy about coming to me for things because they have sticker shock. With that said her is my list. I have this also in PDF form that I send out to people when they show interest in ordering:
Pricing Guide
All prices quoted are that price PLUS cost of yarn, unless otherwise stated. Yarn prices depend on what materials you want.
1. Hats (all sizes) $10
2. Gloves/Mitten Child $8
Adult $12
3. Socks(Price includes yarn) Child $12
Adult $15
4. Scarves Child $15
Adult $20
5. Dish cloths(price includes yarn) $3
6. Hand Towels(Price includes yarn) $6
All other Items are priced per order.
I find these to be fair prices and I don’t feel like I am losing any money doing it this way.
I actually feel like I am gaining since I don’t give back left over yarn(one of my rules) so I always have extras to use for personal use(BONUS) and I use the money I make to buy more yarn!!
So thats how I do it for those who had asked. Hope this helps you maybe get started.