Pricing Your Handmade Goods for Craft Shows

October 19, 2022 by CreativeIncome

How to terms your items is simply a communal root of disorder erstwhile handmade artists are starting to merchantability astatine trade shows. Not conscionable business-wise (how overmuch to complaint to marque a decent profit?) but besides physically (what’s the champion mode to statement my products?). Let’s look astatine the antithetic aspects of pricing- from tagging to selling your goods.

Label Items Clearly

At a trade lawsuit you ever privation to marque the terms of your products casual to find for customers. You tin usage idiosyncratic tags, tiny signs, oregon marque a terms chart. I similar a illustration with a database of my items and the cost, but it’s up to you depending connected what benignant of items you make. If you merchantability plush stuffed animals it wouldn’t ever beryllium casual to individually people each one, but if you merchantability necklaces it mightiness beryllium easier. Make definite to constitute intelligibly and person each your tags attached earlier the show- it tin beryllium precise stressful to effort to statement erstwhile mounting up.

Extra tip: Also beryllium definite to bespeak connected your illustration oregon wide signage if income taxation is included oregon not successful your posted prices. Many shows really necessitate you to show this information, truthful see it to beryllium connected the harmless side.

Keep Consistent Pricing

Another contented I spot raised often astir shows is if prices should beryllium the aforesaid arsenic those successful your online shop. There are galore pricing formulas disposable for handmade products and it’s an idiosyncratic decision, but I would ever urge consistency crossed each of your gross streams, including trade shows. For example, if a lawsuit takes your concern paper and past looks astatine your online prices aboriginal and they are mode cheaper, they mightiness beryllium annoyed you were charging much astatine the event. Or a store proprietor that sells your products connected consignment mightiness be the amusement and spot you’re undercutting the prices you person astatine their shop. If idiosyncratic is buying aggregate items it’s good to springiness them a small discount, but for idiosyncratic purchases effort to support them priced the aforesaid crossed the board.

Offer Specials

While I deliberation pricing should beryllium the aforesaid amongst your assorted selling channels, it’s good to person a peculiar woody conscionable for trade shows. If you privation to bash a “buy 3 get 1 free” oregon a acquisition with purchase, that’s a large mode to promote sales. Prominently marketplace the promotion successful your booth with signage, and beryllium acceptable to archer customers astir your amusement special!

Extra tip: Encourage attendance astatine your trade amusement by promoting your connection connected societal media beforehand.

What different pricing tips bash you person for a trade amusement oregon event?