Once we get past our instinctive response, we move to our actual response, which when selling a product is to find out why itβs not selling and decide what to do about the lack of sales.
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For makers doing a search on how to price a handmade product there seems to be a simple calculation that appears in the search result.
Read the full article: A Cringeworthy Pricing Method
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We either fight by taking a proactive approach and go through the process of reevaluation and questioning.
Read the full article: Fight, Flight or Freeze. What is your response?
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Colour, fragrance, fabric, logo, selling channel, size, marketing, promotional offers etc all get looked at to see if the cause of having no sales can be found.
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There is one redeeming feature for these pricing calculations and that is, it forces makers to be aware of what their per unit cost price is.
Read the full article: A Cringeworthy Pricing Method
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#Makeastart#sellingprice#crafthobbypricing