How much would you pay for this?

Question

I hand knit coffee cozies and can monogram them or put like a heart on them. I made one for my friend, she went to UW and just moved to DC for a job so I put a W on it for Washington. It turned out cuter than I thought it would and am thinking about making an etsy account to sell them but I don't know how much I'd ask for them! It takes me about 1.5hrs to complete one, plus about 30 minutes to do a letter. 
As you can see below it's a lot of work with the double point needles since you need at least 4 needles working at once!

Answer

People need to realize they aren't paying just for the yarn. It takes time and effort to make things by hand. I'd say between $12-$15.

Answer

I'd to $5-10 at most. People just don't want to pay what they're worth. 
You
Need to do it because you enjoy it - not to make money

Answer

Maybe like 4.50-5.

It's hard with homemade things. If you charged for time + supplies, you probably wouldn't be able to sell any.

Answer

$10 or $15

Answer

I would say $15-ish. If you were to put these on Etsy, they would go quick!

Answer

Download the app "craft pricing calculator". Takes the amount of time spent, cost of materials used, n what profit ur looking for. Awesome app.

Answer

These normally sell for $20 maybe $25 with the monogram. That's probably not worth your time. I have a handmade business and if I can charge $20/hr +materials it's not worth it to me to sell.

Answer

I would pay $15-$18. Very cute and people search for "personalized" and "monogrammed" when buying a gift on Etsy, so I think they would sell. 👌🏻

Answer

$10 if personalized

Answer

Instead of asking on here, check out Etsy - there's bound to be someone making these as well. See what the price ranges are and if your product matches up. It's not about what it's "worth" it's about the uniqueness of the item, and the handmade with love quality. That's what I do with my handmade journals - you see what it compares to. I make them unique and usually just one style versus batch styles, so I sell them at a higher price. If you're making more than one of a certain style, you'd probably put it at a cheaper price because a lot more people are getting the same item. Tricks like that. (:

How much would you pay for this?

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