Saturday, November 19, 2011

How do I determine how much the doll i made should sell for?

I have just designed my very own doll, and i am planning to sell it. The only problem with that is that i don't know how much to charge for it. I know i have to include all the stuff i paid for and some money for the work i did, but what about the taxes and stuff. Can someone please help me?|||Start with a reasonable hourly pay for the time to make it. Then add the cost of the materials. Then double that. The doubling takes care of your having pay for saving for income taxes, retirement, medical insurance, advertising and shipping of the doll.


Of course, unless it is a fantastic doll, the chances are low of your selling any at that price against similar looking dolls (less well made perhaps) from China. So you cut your price to what might sell compared to other domestic dolls. and if you can live with the lower price and still survive you put that price on it.


Just like any other artist or craftsman.

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