Pricing formula

Following a basic formula that uses the same markup no matter what you sell can easily overprice your work. Here's the right way to price handmade products.

Pricing formula for business ✅ Learn how to use the pricing formula for business to sell products! Here are two options for you!

IF YOU ARE A CUSTOMER OR A SMALL BUSINESS OWNER, THIS POST IS FOR YOU. [update and disclaimer] This post has received a lot of feedback in the comments section which is great! I'm glad we're all talking about this difficult topic. But I do want to add - this formula wasn't meant to be perscriptive, merely a guide. Adapt it to suit your situation. I've added more comments below in red :) It's crazy how often the topic of pricing comes up in conversation around here. - It might be triggered by…

This guide includes wholesale pricing tips and formulas for handmade products from top experts in the artisanal eCommerce industry.

What is Demand Function? Demand Function shows the relation between the demand and its determinants. Basically, it is a mathematical equation that shows how a demand for a product or service gets affected by its own determinants or factors. These determinants or factors could be its price, income of the buyer, substitutes and complementary products, and more.

Stuck on how much to charge a particular client? This post will show you 4 ways to figure out how much to charge for your services, it also includes a FREE Service Fee Calculator which you can use to build a tiered-pricing strategy. Check it out now

After posing the question, "How do you price vintage clothing?" on the Facebook page, I was left wondering if it was worth asking the question at all. Why? Because everyone had their own point-of-view, and that there was no "industry standard" for accurately and fairly pricing vintage clothing. It was after Heather McWilliams of Good 'N Plenty Vintage sent me a mock-up for her "pricing formula" that the truth clicked.

What price should you charge for your Etsy products? Our 2024 pricing and profit calculator will show you along with your estimated profit margin!

This blog post talks about objectives of cost accounting, classification of cost and how it helps in ascertaining the profitability of your business.