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Pricing up a skein of wool

 
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Catherinechaos



Joined: 05 Jul 2006
Posts: 84
Location: Lancashire

PostPosted: Wed Nov 22, 2006 5:54 pm    Post subject: Pricing up a skein of wool Reply with quote

What do you all think is a fair price for a 100g skein of hand dyed hand spun wool basing it on the minimum wage?
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cledry yarner



Joined: 29 Jun 2006
Posts: 176

PostPosted: Thu Nov 23, 2006 8:12 am    Post subject: Reply with quote

About 50 quid but we'll never get it Sad

I've tried selling mine at about 6.95 which means I take a loss in terms of hourly rates but to be honest I think it's too cheap. I see other sellers charging 15- 20 a skein and selling loads . Either that or my yarn is pants.
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Catherinechaos



Joined: 05 Jul 2006
Posts: 84
Location: Lancashire

PostPosted: Thu Nov 23, 2006 4:03 pm    Post subject: Reply with quote

Yes I saw around £15 quid and I did wonder that it was too much even though that still only works out at about the minimum wage time wise but I think that sometimes we under price ourselves. If we are to be seen as serious about our craft, we need to charge accordingly. I think if we don't charge what its worth people may think its naff. Which of course it is not! Would you consider pricing higher Stacey?
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Spinning Fishwife



Joined: 02 Jul 2006
Posts: 32
Location: East Lothian, Scotland.

PostPosted: Thu Nov 23, 2006 6:07 pm    Post subject: Reply with quote

The Americans base pricing handspun on 15 cents a yard, so call it 10p per yard?

Or work out time at £6 per hour (including dyeing time) plus costs of materials plus 100% mark up.

Of course, it also depends on what it is. If it was a thick slubby singles at about 80 yards per 100g I`d expect to pay less than for 800 yards of very fine plyed yarn per 100g.

£15-20 per skein sounds about right to me for medium weight plyed stuff though. You could always write out a very basic scarf pattern for the yardage involved, photocopy it as a freebie and voila! Instant scarf kit. £20 for a scarf kit sounds much better than £20 for a skein of yarn to most people.
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Catherinechaos



Joined: 05 Jul 2006
Posts: 84
Location: Lancashire

PostPosted: Thu Nov 23, 2006 7:27 pm    Post subject: Reply with quote

Yes I think thats a really good idea - some people don't want to design things themselves and it would take away that worry.


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