Americana Crafts

Uk crafts designer/makers! How do I work out my wholesale and retail prices for my craft work?

For example if 1 item costs me £1.30 to make in materials and time. What would be the wholesale and retail price and how do I work this out? Many thanks in advance

Public Comments

1. Go to craft centres and craft fairs, so you can research what craftspeople charge for similar work. Have a look online, too Selling hand- crafted items here can be demoralising, as we have a long history of importing cheaply - produced imports from all over our sweat - shop ridden 'Empire ' ! Same applies to painting, by the way , try and get your average Brit not to quibble over an acceptable price !!
2. Check on e-bay on what items like yours are selling for. Your prices should not be how much you have in them.