Pricing long

[Guest guest]

With so many struggling to justify (to themselves and others) their pricing,

this info is a breath of fresh air.

There is something about making money, asking for money, etc., in business

that makes some of us feel guilty. Someone once told me that if it really

gave me problems, I wouldn't succeed in anything - and that perhaps finding ways

to use any acquired wealth to do good might overcome that block.

There was a glass-blower next to our shop at the Ren. Faire where we had our

first shop. At the beginning of the second season, his sales were off.

Going into the third week, he told us that it looked like time to raise prices.

That sounded like the most cockamamie idea - but it worked. Sales picked up

immediately.

At some point - around season 6 or 7 - he did manage to surpass all reason,

charging around $40 for a mug that probably should have been $20, (10 yeares

ago) and sales fell off completely. So - there IS a limit, apparently.

 

Tina

_The Essential Herbal Magazine_ (http://www.essentialherbal.com/)

_Essential Herbal Blog_ (http://theessentialherbal.blogspot.com/)

 

 

 

 

 

[Guest guest]

There is something about making money, asking for money, etc., in business

that makes some of us feel guilty. Someone once told me that if it really

gave me problems, I wouldn't succeed in anything - and that perhaps finding

ways

to use any acquired wealth to do good might overcome that block.

 

[Dave:] The more thought I’ve given this, the more I think you’re right.

It’s a lesson I’ve had to have drummed into me more than once. I’m

seriously thinking of going to $6 or even $8 a bar. When I was a painter I

learned that far more people want a painting that they can brag about how

much they paid, than would buy a piece because they felt it was good art.

And here in southern CA at least, people love to spend money. It makes them

feel special to have something that someone else can’t afford. They don’t

have to know how much soap I give away, or whether I’m selling to my

neighbors at half the price.

 

_____

 

 

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Version: 7.1.385 / Virus Database: 268.4.4/318 - Release 4/18/2006

 

 

 

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Version: 7.1.385 / Virus Database: 268.4.4/319 - Release 4/19/2006

 

 

 

 

[Guest guest]

In CA I have no doubt you could get $8 a bar. I charge $6 for a 4.0+ oz. bar

here in NJ and have no troubles. In CA, you're right - they do tend to spend

more. And you have a unique product for them.

 

Cindy

 

-

 

 

[Dave:] The more thought I've given this, the more I think you're right.

It's a lesson I've had to have drummed into me more than once. I'm

seriously thinking of going to $6 or even $8 a bar. When I was a painter I

learned that far more people want a painting that they can brag about how

much they paid, than would buy a piece because they felt it was good art.

And here in southern CA at least, people love to spend money. It makes them

feel special to have something that someone else can't afford. They don't

have to know how much soap I give away, or whether I'm selling to my

neighbors at half the price.

 

 

[Guest guest]

Just my comment as a consumer, I often purchase handmade items and other

" luxury goods " , I actually WANT to pay the makers enough so that they will

be able to stay in business. On the other hand, some things are just too

much for my budget even when they are fairly priced.

>

> Blessing to all, Carol

>

>