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The Pricing Comeback- What Do You Say When People Question Your Prices? | Crafting While Adulting

The reason I wanted to share this whole tid bit about how much time is involved is because in our realm of business, people often forget that their TIME is valuable. It is the most important part of the “pricing equation” because people often undercharge for it or they don’t bother to charge for it at all! When you forget to charge for your time, you are selling your product, your skill, and your talent short. You deserve more than that and you owe it to yourself.

Now, back to my story about the show this past weekend! I had more than one customer that made a comment about my prices. Some were great comments and some were lacking in the tact department. It happens. However, the way that we handle it makes all of the difference.

One woman made a comment about my 9 inch X 18 inch “Laundry Sucks” sign (See Photo). I had $30 written on the price tag which is actually lower than I usually go for a sign of that size. She told me that there was no way that she would pay that much for that, even though she really liked it. I bit my tongue, took a deep breath and then smiled. I told her that I was glad that she liked it, but that my prices were set according to the cost of my materials used, along with the hours I had spent patiently painting it. She then asked about my custom made Ouija board that was painted on an old cabinet door. Once again, she complained about the price. Once again I explained that I had over 8 hours of work into it and that at the price I was asking ($65) I was making less than minimum wage even before taking into account that I had material expenses as well. She changed her tone fairly quickly after that.

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The Pricing Comeback- What Do You Say When People Question Your Prices? – Crafting While Adulting.

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