What is the value of a handmade object? What do you expect when you attend a craft show? Does it make a difference if it's called an artisan market? Do you expect inexpensive DIY or unique one of a kind items?
I suppose the value of a handmade object lies in the buyer's expectations. Anyone who sells their handmade objects will tell you that you will never get paid for the time you put into a make. You do it because you enjoy it. The tag line for my shop reads "My Joy is in the Journey"... because if it wasn't, I wouldn't be doing this.
There was once a time when I gave away my makes. I don't anymore. Why? Well, because not everyone likes handmade things. You know what I'm talking about... you spend time to find, or in this case create, that perfect gift for someone. The receiver smiles and then you never ever see that item again because it wasn't that person's style or something they wanted. When you spend hours birthing a creation but then find that it wasn't wanted you learn not to gift handmade items anymore. That is why I sell what I make. If you are willing to pay for it, then at least I know you want it. I'm done guessing who will or will not like what I make. When I started charging for things it was often a token amount; something to cover the cost of my materials. As I progressed into my maker life I learned that this wasn't good either.
There are those that craft for a living. They are artisans. When you start minimizing your ability to do what they do, you cheapen the craft. While I felt like I was doing everyone a "favor" by making things they wanted while "under cutting" the market, I found that what this does is really bring down the value of what you do. I have found that makers are in two camps - either gift or donate what you make, or charge the market value. No man's land is not a good place to be.
So let's talk about Bernie. A week ago today I had no idea Bernie would be blowing up my phone. Bernie is what pattern designers dream of. Hats off to Tobey King for seizing the moment. She had already written up a pattern for Bernie but changed his clothes when she saw the meme. The rest is history. Her Bernie pattern sells for $5.00 on Etsy. As of this writing she has made over 36,000 sales. Not saying these are all Bernie patterns nor am I saying she made all those sales this week but still, that's a lot of sales!
I bought the pattern on Saturday morning after 12 hours of multiple Facebook tags and messages.
Tobey King's doll
My doll
The original sold for $20,300. 100% of the proceeds went to Meals on Wheels.
Mine sold the follow day for $94.00.
So how much did I actually make?
Selling price: $94.00
Shipping: $6.00
Tax: $7.53
Buyer paid me: $107.53
Paypal fee of 0.029% transaction cost + 0.30 : -$3.42
Paypal/eBay collected the tax on my behalf: -$7.53
eBay fee of 10% final value price: -$9.40
eBay fee of 10% shipping price: -$0.60
eBay fee for 3-day auction: -$1.00
Shipping: -$4.12
NET: $81.46
Now back out $35.xx for cost of materials and pattern and it's down to $46.
Divide $46 by the 12+ hours it took to make Bernie and I made $3.83 an hour for this Bernie.
Regardless, I'm happy with how this turned out. I'm also confident that I got a good price because I listed my Bernie early. The price is coming down as more Bernies are listed and this was a good exercise in helping me determine how much to price my Bernies.
I'm aware my subsequent Bernies will not have the material cost and I don't have to pay eBay fees or Paypal fees if I sell direct and take cash, but you get the idea. Selling handmade items will not make you rich. You better love what you do!
My joy is in the journey.