Inventory, bookkeeping and business success topics for makers.
product updates
The Craftybase Etsy Pricing Calculators are now improved - read more about the changes!
pricing
Worried about what Etsy’s fee hike in 2022 means for you? Click here to learn all the pros and cons so you can move forward with your eyes open.
We discuss ways to optimize your pricing strategy so you can make that profit margin wider on each handmade product (without needing to produce more).
We show that if implemented thoughtfully and carefully, having a free shipping strategy it can be an excellent way to drive traffic and sales to your products - without sacrificing your profits.
handmade success
How to calculate your own pay when running a sole proprietor handmade business.
Do you know how much it costs you to produce your products? We discuss how to calculate this with accuracy.
Markups and profits are often confused concepts - knowing when to use each can be a big advantage when setting your handmade product prices. We show you how to calculate both.
Calculate the costs in producing your handmade products so that you can price your products to make more profits.
Margins and profits can be difficult concepts to understand - we break down how to calculate these so you have a better understanding on how to apply to your pricing strategy.
Along with material and labor costs, it's important to also try and factor in your overheads to your pricing calculations so that you can be sure you are covering all of your costs.
We show you 4 common mistakes handmade sellers make when pricing their products.
We reveal the pricing tips and tricks you need to know about to make your product range a success.
Markup is the amount you add to your production cost price to arrive at your recommended selling price. It is a commonly used technique to determine how much to charge for your products as it ensures that you fully factor in all expenses involved.
Figuring out a price that covers your costs and makes sales is often one of the hardest parts of running a handmade business. We show you how to create a pricing formula that works!
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