Q:

How is embroidery work priced?

A:

Quick Answer

There are several ways to price embroidery work. The simplest way to price a piece, and one that is commonly used, is to multiply the cost of the materials by five. Materials that cost $10 multiplied by five would equate to a final price of $50.

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Full Answer

Another way to price the merchandise is to add an hourly wage to the cost of the materials. If that same piece of embroidery took five hours to make and the desired hourly wage is $10, then the final price would be $60. Another formula for pricing embroidery items is to add up the cost of the materials and a per-hour rate for the time it took to make the item and add any additional expenses incurred, plus the percentage of profit that is desired. If the item is going to be sold at a craft fair, the price should also reflect the cost of renting a booth. When attempting to arrive at a final price, the main thing to consider is how much people are willing to pay for that item. There is not a single method that works for every piece of embroidery. After using one of the formulas, it is best to ask, "Would I pay that price for that piece of embroidery?" If the answer is "no," it would be advisable to try one of the other formulas.

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