I am curious about figuring out how to come up with a reasonable price for selling a ruffle yarn scarf.
The scarfs I make are from different retailers and the yarns vary in price from $8.00 - $12.00. My labor is about 3 hours.
Appreciate the experience of my fellow knitters.
Thanks very much
You need to cover costs, but unfortunately, fashion and preference tends to dictate what people will pay.
I wouldn't know if these scarves are still fashionable or not.
Trouble with looking them up is, there they are, with the asking price, but how do we know if people are actually buying them ?
Rule of thumb is 4 times materials but I think that on the $12. yarn, that would be excessive. As with anything, it depends on the venue in which you are selling. A high end boutique will command a high price while a craft show will not..... I feel that $25. to $30. would be the maximum i would feel comfortable charging and maybe I would reduce to $20. if they did not seem to move......
In this corner of Canada the going rate is $20. They sell well at that.
I have seen my scarves at $25 & $35,so people are thrilled that mine are $20-$25.Therefore they buy more.I wouldn't want to price myself out of business.
I sell my $7 skein ones for $ 25,,,no problem. I buy the yarn with coupons,,,than donate the money to my relay for life team (breast cancer).
I was at a craft show in Ontario on the weekend. They were priced at $18 to $25 dollars.
I sold mine for $15 and they went quickly. Most of mine are from Sashay and people love them.
I sell mine for $19.99. I have them in 3 stores: 2 in Ponca City and1 in Blackwell( about 15 miles from home). They sell well. I thought summer would be slow for them since it was so hot; but they sold pretty good then, too. I found a pattern on Michael's site for a collar pattern that I'm trying for something different. I get the yarn from several sources.
Wow! I can see that prices really vary -- even on that website mentioned here. I have been selling them for $10.00 -- long story on how that came about, which I'll report later. I usually pay between $4.99 and $6.99 per ball, and I get two scarves out of that. I don't make them very wide. Herrschner's has some on sale quite cheap and I'm going to order some. Of course there is P&H to pay, but even then I can see where I will make a profit. I am donating part of the proceeds to a charity.
I meant to say "S&H" -- "Shipping and Handling".
I think I am under-pricing them!!
One more P.S. and then I'll leave you all alone! I meant that Mary Maxim has some of the ruffle yarn on sale.
Wow! I can see that prices really vary -- even on... (
I get 1 scarf out of each skein. My skinny ones are for tall people(6 stitches per row). I cast on 8 stitches for the other ones.