Do you think these are overpriced....

Hi all

I have made a new range for my shop and have really dithered over the price. The handles alone cost me £10 a set to make and there is a lot of hand stitched elements and fiddling so it would be great if you could give me your opinion over if this is too much on these items - I have them at £65 - ( I would pay this! But I am an idiot when it comes to buying handbags!) - I'm doing a market in 3 weeks so want to get the price right before then -

https://www.etsy.com/listing/128215928/bear-bag-teddy-ears-oak-wooden-handle?ref=v1_other_2

https://www.etsy.com/listing/128216752/cat-bag-ears-oak-wooden-handle-clutch?ref=shop_home_active

https://www.etsy.com/listing/128216439/rabbit-bag-bunny-ears-oak-wooden-handle?ref=v1_other_2

Thanks in advance!
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9 Replies

Re: Do you think these are overpriced....

They are adorable!
No, I don't think they are overpriced.
They are so unique
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Former_Member
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Re: Do you think these are overpriced....

Very cute, I think priced fair. Keep them at that price and see what kind of reaction you get. You can always go down in price if need be later or run a sale.
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Re: Do you think these are overpriced....

ah thanks! Yes I will see how it goes, I am so nervous of underpricing and then finding I'm spending hours making having forgotten to factor in that time!
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Former_Member
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Re: Do you think these are overpriced....

NO! Those are super cute!
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Former_Member
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Re: Do you think these are overpriced....

The problem with asking the general public if they are priced appropriately, is that the general public isn't your target market! You NEED to come up with an hourly rate for yourself. Personally, I found that including time, materials and fees into the hourly rate made it easier for me. But you could do an hourly rate + materials etc. Do you not pick a price out of thin air! Find your hourly rate and PAY YOURSELF. If they come out more expensive, then you are targeting a higher price market. There's nothing wrong with that! Maybe you could make smaller coin bags for the lower priced market. I think for the amount of time, effort and detail you are putting into them, they might be underpriced.
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Former_Member
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Re: Do you think these are overpriced....

what she said ^^^^

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Former_Member
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Re: Do you think these are overpriced....

Hand stitched, unique items, materials used, etc. YOU designed those handles?! Do not change the price! They are one of a kind! I've not seen anything like that.
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Re: Do you think these are overpriced....

Thanks for the great input and indeed I have a mixed price range offering smaller less expensive items too so will keep them as they are. Thanks for the input, soo helpful :)
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Former_Member
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Re: Do you think these are overpriced....

Those are WONDERFUL!!! I love the handles. Beautiful and unique designs. They don't seem at all overpriced to me.
Great work.
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