qwltnldy Posted February 24, 2009 Report Share Posted February 24, 2009 I have been thinking about how I can simplify my pricing structure. There was an interesting article in Unlimited Possibilities (just came yesterday) by Linda Taylor on pricing strategies used around the country. The best one still seems to be psi, even though it sure gets complicated. I'm thinking of creating only 3 main categories, Allover only, Allover with Borders, Custom. Then pricing each component within that category but limiting the number of components. Allover Simple - .015 Moderate - .02 Complex - .025 This should cover all my pantos or freehand allovers. Allover w/Border Simple - .02 Moderate - .022 Complex - .027 Self Explanatory Custom Simple design Blocks/Border - .025 Moderate design Blocks/Sashing/Border - .027 Complex design Blocks/Sashing/Border - .03 After that, each service like extra borders - say $5 ea, SID, outline, echo, - add .005 to each price for each service. I just made this us off the top of my head and of course, I need to study this to make sure it isn't too cost prohibitive with these numbers but you get the idea. Then my DH said he would create a spreadsheet for me and all I do is check off each component on the worksheet, plug that in to the spreadsheet and get a price. I tried quoting a custom at 6 hours that had applique outline and dense stipple in the borders only and then continuous curve in the middle. Boy was I wrong. It actually took 14.5 hours, I ended up making about $12/hr. I can get an outside job for more than that. An of course, I have to pay self employment taxes on that so what's my take home? Not much. Gotta do something different. Link to comment Share on other sites More sharing options...
qwltnldy Posted February 24, 2009 Report Share Posted February 24, 2009 Ok, I just wrote a long post on possible price changes and I can't find it. I know I hit "post reply" and it shows I did post something today in this forum but I can't find the actual post. Link to comment Share on other sites More sharing options...
qwltnldy Posted February 24, 2009 Report Share Posted February 24, 2009 Well I found it in the printable version. I just can't get to page 2 here. Link to comment Share on other sites More sharing options...
chickenscratch Posted April 6, 2009 Report Share Posted April 6, 2009 Robin, Our sales and use tax in Tennesssee has been 9.75% for the entire 8 years I've lived here. AND, tax is going up August 1st. Link to comment Share on other sites More sharing options...
kusmaulk Posted September 9, 2009 Report Share Posted September 9, 2009 I have a customer who prefers very dense custom work. The quilt I am working on now for her, I predict will take around 25 hours. If I charge her .06 per sq. inch, I will earn 16.78 an hour. I would like to earn at least $20 per hour, but this seems like too high a price to charge. Could I get some opinions from those of you who do this type of work? I have done some very dense freehand overalls for her before and charged .03 psi and some custom work at .045 psi, and she was happy with the work and the price. This is the first one that she has requested both dense and custom on. Please let me know what you think. thanks, Karol Link to comment Share on other sites More sharing options...
Quilting Heidi Posted September 9, 2009 Report Share Posted September 9, 2009 Karol since you've done work for her before I'd give her a quote and let her decide. Have an alternative plan if she thinks it is too high. Link to comment Share on other sites More sharing options...
kusmaulk Posted September 9, 2009 Report Share Posted September 9, 2009 I think I need to call her to discuss. She usually doesn't ask for an estimate, just tells me what she wants done. I've already started the quilt, and am almost a quarter of the way through it. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.