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Woodworking blog entries tagged with 'pricing'

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View WoodshopTherapy's profile

How to Price Your Work?

12-22-2018 11:57 AM by WoodshopTherapy | 5 comments »

For those of you who sell pieces, how do you price your work? I struggled with this when I started selling my woodworking pieces back in 1999. Since then, I’ve used business skills and understanding my local market to know what works best. From talking to other woodworkers, I understand this challenging for them too, so I share openly what I charge per hour and an industry range as well in this video called: How to Price Your Work – https://youtu.be/d42Dlu0ehHg This is a ...

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View LittleBlackDuck's profile

Woodworker's pricing for a contracted job

05-28-2016 03:11 AM by LittleBlackDuck | 11 comments »

Cost of timber $0.10c.Cost of engraving $0.20c.Hire of clamps…Priceless.

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View TheWoodenOyster's profile

Pricing Projects

07-29-2014 02:11 PM by TheWoodenOyster | 13 comments »

Pricing Projects I see the topic of pricing work come up over and over again, so I thought I would share my thoughts on the matter. By no means am I a guru of pricing or anything, but I have come up with a decent system that seems to work for me. I am currently a “full time” woodworker, but haven’t been for long. There are many more experienced folks on LJ’s, so take this with a grain of salt. I start with the same master excel spreadsheet for every project. The spreadsheet has three se...

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View huff's profile

How to price my woodworking (and sell it) #6: Correcting mistake to Summary

06-02-2013 07:50 PM by huff | 15 comments »

I’m not sure what happened when I posted my summary, but part of it got left out, so here it is. What should you expect your % of closure be in selling your work? Another words, if you talk to 100 serious customers, how many do you think you should be able to sell your products to? Here’s one way to look at it and break it down so you may not feel so bad if you don’t get a sale every time you talk to a perspective customer. The first thing I would like to clear up right now is;...

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How to price my woodworking (and sell it) #5: Summary

06-02-2013 01:12 PM by huff | 22 comments »

How to price my woodworking?(And sell it) Part 5 Summary As you’ve probably figured out by now, pricing, marketing and selling your woodworking is not an easy task, but its all part of a woodworking business and something you have to learn and improve upon just like you do with your woodworking skills. You didn’t learn how to build a square box, dovetail a joint, or finish a project overnight, so you have to realize pricing and selling takes time to get comfortable with and know h...

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View huff's profile

How to price my woodworking (and sell it) #4: Putting all the numbers together (creating a shop labor rate)

06-02-2013 12:51 AM by huff | 21 comments »

How to price my woodworking?(And sell it) Part 4 Putting all the numbers together(Creating a shop labor rate) Shop labor rate; what is that and why would I want or need to have a shop labor rate? I’d like to take credit for coming up with this, but I learned this from another woodworker and you might have even heard of him; Marc Adams. He’s well known for his woodworking classes that his school teaches, but I was lucky enough to attend one of his seminars years ago and this was ...

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View huff's profile

How to price my woodworking (and sell it) #3: How to price my woodworking (Knowing what it cost to build a project)

06-01-2013 11:31 AM by huff | 13 comments »

How to price my woodworking?(And sell it) Part 3 Knowing what it really cost to build your project to sell Again, like I said in my earlier series, if you’re a hobbyist and you really don’t sell your work, then no need to follow along, but for what ever reason you are building and wanting to sell some of your woodworking, then this series is real important to read and understand when it comes to pricing your work. One of the first things you have to realize when you decide you wou...

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View huff's profile

How to price my woodworking (and sell it) #2: How to price your woodworking to make a profit (and sell it)

05-31-2013 12:27 PM by huff | 19 comments »

How to price my woodworking?(And sell it) Part 2 Know your market! So let’s start with why you’re pricing your woodworking the way you are now. If you’re a hobbyist and you don’t sell your work or you really don’t care how much you make when you do, then there is no reason to read further. If you’re comfortable with how you price your work or you’re a professional and you already have a system for pricing in place and you like how things are going, then there is no reason to read...

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View huff's profile

How to price my woodworking (and sell it) #1: How to price your woodworking to make a profit (and sell it)

05-30-2013 10:25 PM by huff | 22 comments »

How to price my woodworking?(And sell it) Part 1 So where do you begin to answer such a simple question; or is it that simple? I’ve heard this question asked so many times and I’ve heard so many one liner’s for an answer:• “Know your market”• “You can only sell it for what the market will bear”.• “I sell it for enough to support my hobby” • “It’s just a hobby, so what does it matter as long as you at least cover your material cost”.• Cost of materials x 2.• Cost of...

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View NewEnglandsWoodWorks's profile

Book Review: The Woodworker's Guide to Pricing Your Work

09-21-2012 10:31 PM by NewEnglandsWoodWorks | 2 comments »

If you are interested in pricing your woodworking projects or running a small business you should read this book review: http://www.newenglandswoodworking.com/the-guide-to-pricing-your-work/

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DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

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