But the formula will give you a good, object starting point. Many professional crafters use a rate of $12.00 to $20.00 per hour to calculate their labor costs in more depth. It might be well above what you were thinking of charging or what others charge for similar items. Click here to download a version of the calculator that is compatible for Excel 1997-2004. Do your friends ask you to make them quilts? Bonus: Download my FREE and easy plug-and-play pricing calculator to figure out what to price your items under a minute without any math! When you determine you own labor rate, use a wage that allows you to grow your business and accounts for the skill required to make your product. inch or 6480 x $.015 = $97.20 for a twin quilt) Pricing varies depending on the complexity or density of the quilting pattern chosen. Running the numbers through a craft pricing formula can really open your eyes to the true costs of doing business. James Dillehay's book, How to Price Crafts and Things You Make to Sell has some excellent advice on that topic. However, beginning your pricing decisions with a mathematical formula is a good starting point.  If there is a pattern you would like to use but it is not among our patterns just give a call to discuss what you have in mind.  All shipped Quilts will receive 20% off this .020 per inch edge to edge charge. So were we! How to calculate the quilting cost Charges for thread, backing, batting, quilt preparation, and binding services. The retail price is determined by doubling the wholesale price. It might sound counterintuitive to use pricier raw materials, but for me, the labor cost was driving the price up more than anything else, and it takes the same amount of time to make sterling silver, gemstone jewelry (high perceived value) as it does to make base metal and plastic jewelry (low perceived value). in a square foot) = 25 x $10 (simple pattern) = $250. In fact, there's a good chance you won't end up using the exact price the formula calculates once you take other factors into consideration. To be clear, a pricing formula is not the only factor you should look at when calculating the selling price of your art or craft. Multiply length x width in inches. Let's not throw out an extremely useful tool just because it addresses some, but not all issues and doesn't completely eliminate the need to think about pricing decisions. Say it takes 15 minutes for you to make a pair of earrings and your hourly wage is $20. I provided my costing sheet to the buyer to clearly show the high costs associated with making a quilt, even one as simple as this. Quilting Project Cost Calculator To use our Quilting Project Cost Calculator, type the width and length of your quilt top in the first two boxes below (in inches, using decimal places - no fractions). What is the biggest factor contributing to the high price?  Some of the most common things we have seen are: adding leaders to backing (because backing fabric is not 10 inches longer and/or wider than quilt top). for basic edge to edge quilting it would be $.01/sq. Here's the information we'll cover about pricing crafts with a formula: I earn a commission for purchases made through links on this page.To learn more, please see my disclosure. Cost of Supplies + Labor + 10-15% Overhead = Total Costs. Ex: 60” x 60” quilt. Quilt Pricing. I do agree that if you simply plug numbers into a formula and don't consider other factors, you won't cover all of the issues around pricing. exactly the kind of starting point you need to stay on track and ensure your business is set up to be profitable. Sep 11, 2012 - Here's a quilt pricing calculator that runs you through how to price your quilt based on fixed and varriable costs. In that case, the pricing formula would be as follows: So, in this case, in order to ensure you are making a fair profit and giving your business room to grow, you could sell your item to a retail customer for $66.00, or you could sell several items to a wholesale customer at $33.00 each. Select a border style and enter your planned border widths and fabric widths. (This fee is waived if the quilt is prepared in accordance with the Quilt Preparation Guide.) However, I believe a formula is a smart place to start. I’m confident that … It gives you a good, objective foundation to determine your prices and helps ensure your won't under-value your work. There are plenty of considerations that go into craft pricing. Using raw materials with a high perceived value. 60 x 70 = 4200 square inches) It can help you see: all of the costs involved in making and selling your handmade items, where you can be more efficient, how much you need to charge to make a profit, and whether you can actually sell your particular product profitably. by Belinda Duehr (Mississippi) I am a beginning quilter. Finding ways to streamline my production process to create less labor-intensive items that were still valued. (Ex. Imagine you designed and made an item that used $5.00 worth of materials and took 30 minutes to complete. Advertising, if you use it, is a business expense, and sewing machines and other tools are, too. If the amount you have to charge to be profitable is well above the amount you think your could sell your crafts for, you need to take a serious look at your business. By Lisa McGrimmon - $.020 per square inch Notice that the labor was calculated at a rate of $20.00 per hour. (Ex. $800 for variable size (up to 50 … Turn Your Passion for Craft Into a Rewarding Business, If you buy something through links on Craft Professional, I may earn a referral fee. for basic edge to edge quilting it would be $.015/sq. They're used every day and trusted … You might not be ready to accept wholesale orders yet, but if you don't build that factor into the price of your products, you will not be able to grow your business to a point where you do accept wholesale orders without significantly increasing your retail prices. It can also begin to show you where you're losing potential profit, and point you to ways of improving your profit. subscribe to the There are a few different pricing equations that are typically used. It won't take into account everything you need to know about pricing your crafts. I'm supposed to charge HOW MUCH for my crafts?! What you can do to change those factors that make the price higher without reducing the perceived value of your items? I can also machine baste your quilt if you prefer to do hand quilting at a rate of 1/2 cent per square inch. The formula will allow you to make some smart choices for your business, and it will push you to avoid under-selling yourself. Second, the typical markup from wholesale to retail is 50%. Share Pin In other words, if you come up with a price that seems far too high, don't just react with frustration and ignore the number. Usually it will be the cost of raw materials, or the time you spend creating each item. Dana Jo Tabayoyon - Custom Quilt Pricing Sheet Fabric yardage costs vary for several reasons. When you price your crafts, you need to think about how those decisions fit with your larger business goals. Leave us a mail for further queries. See "Quilting Level Examples" below to see customer quilts that have been finished to various levels. So, How Much Will it Cost? Doubling your wholesale price to arrive at your retail price accounts for a couple of issues. Take a look at their data if you want to research labor costs. You can charge for quilts by finished size to simplify pricing. It's not meant to dictate price; it's just there to give you a baseline. First, by doubling the wholesale price to determine the retail price, you are accounting for any selling costs you encounter such as booth fees at art and craft shows, web hosting fees or third party website fees. Calculators for Quilters A common scenario for quilters is trying to figure out how many width of fabric strips to cut in order to get the number of patches that a pattern calls for. A quilt also needs a sturdy batting, and, thread for sewing and quilting. Charging for the total costs just gets back the amount it cost to make the item. Establishing wholesale accounts with a major raw materials suppliers to get raw materials at the best prices. Calculate Quilt Measurements with Ease Using the Quilter's FabriCalc calculator, you can convert your quilting ideas into actual usable dimensions--in yards, inches, or metric measurements--with just a few keystrokes. This craft pricing formula shows you how to find the selling price for your handmade products. A median price per yard for quilt grade fabric is $11.00. inch: x .02 = * Tax (TX residents add 8.25%) Shipping ($25.00 in lower 48 states, less in Texas) Est. You can turn your quilting hobby into a full-time business or earn extra money to supplement other income. The one outlined below is the craft pricing formula that I like, and many professional craft artists seem to like this formula as well. 60 x 60 = 3600 /144 (in. Be warned, when you apply the formula to your work, you might be completely shocked by the price you come up with. Master the math involved in quilting! For example, I charge two cents a square inch for all over, edge to edge quilting. That's why wholesale prices can be lower than retail prices but still profitable. Your time spent to make these earrings cost $5 ($20 divide by 4). Selling a large volume to a single customer (wholesale) generally costs you less than selling individual items to many customers (retail). By doubling the wholesale price to determine your retail price, you are ensuring that you can afford to sell your work at standard wholesale prices and still make a profit. Approximately 85 inches by 101 inches: $525. If you have an older version of Excel, the link above might not work. take the guess-work out of assigning a price, help prevent emotions from clouding your judgment, give your business room to grow and be truly profitable, help you discover opportunities for increasing profitability and reducing waste, forget all of the costs that go into making and selling a piece, or neglect to pay yourself a fair wage for your time, or misjudge the amount of time, start to finish, it takes to create a piece, or let emotions about the value of your work get in the way of making good business decisions. It can show you the approximate price you need to strive for to make a real profit and help you uncover potential pitfalls and hidden opportunities. Free Online Quilting Calculators Tired of having to perform mental gymnastics or making math errors in determining how much fabric you need in making your quilt? People's price expectations vary a lot by venue. That's a good starting point for your hourly labor costs. Pricing varies depending on the complexity or density of the quilting … It's just a single tool of many for making your pricing decisions. Starting prices for quilt sizes and categories. However, you need to start somewhere, and a formula provides an excellent starting point. Your wholesale price is the price you would charge if you sold multiples of your product to a single buyer, a store owner, for example. Or call us today! It doesn't tell you anything about your customers' expectations or the current market for your product, or the perceived value of your work. That means most retail store owners and buyers expect to be able to purchase your product at half of the retail price if they are interested in placing a large wholesale order. Developing skill with some less common jewelry making techniques so customers wouldn't dismiss items as being something they could make themselves. Right on the blog we have a free quilting calculator […] a twin quilt measuring 72″ x 90″ is 6,480 square inches) Multiply the area of your quilt by the price per square inch (Ex. Jul 15, 2017 - Here's a quilt pricing calculator that runs you through how to price your quilt based on fixed and varriable costs. Robert Kaufman Fabrics and Quilters Paradise have joined forces to bring you this updated collection of eight essential quilting calculators. It breaks my heart when I surf around Etsy or wander through a craft show and find absolutely beautiful handmade pieces that are completely under-priced. Instead, think about how you can bring that number down and still create valued work, or consider what you can change about your work and the way you sell it to ensure more customers would be willing to pay that price. This is the price you would charge when selling to individual customers at a craft show, for example, or on Etsy. You may need or want to hire an assistant in the future, and that kind of business growth will only be possible if you've built that expense into your prices. All shipped Quilts will receive 20% off this .020 per inch edge to edge charge. Click to Download Your Craft Pricing Calculator. Consider how much you would have to pay an employee if you outsourced part of your production process to an assistant. You also have overhead, expenses that aren't tied to one specific project. Factor in her commission on the quilt when you set your price. If, say, you work on 12 quilts a year, you might add 1/12 of your advertising budget to the cost of each quilt. As a general guide, the going rate for a queen-sized quilt can be anything between $350 to $1500, while a baby quilt for anything between $150 and $400. Copyright © 2006-2020 CraftProfessional.com - All rights reserved. Using a formula can give you a solid, objective basis for your decisions. Batting Cost (calculated on length plus 6 inches & using Hobbs 96" 80/20) x … These fabrics are easier to come by and can be obtained in whatever quantities are required by the chosen design and color scheme. Here's an example. If not calculating yardage required for borders, set the border widths to 0. With these tools you’ll easily and accurately work out how many … All quilts are different, we can take ideas from quilts you see here on this site, or other quilts you may have seen. Queen-size 36-shirt quilt. Prices per square inch for meandering, pantographs, pantograph and border,or custom longarm machine quilting. Quilt Calc. Be sure to pay yourself a fair wage for labor. Quilting cost is calculated based on price per square inch (psi). A formula can give you the clarity to think in such a strategic manner. Quilt bats range from $15.00 to $35.00 depending upon size and material. A formula won't give you all of the answers. You have to pull out the old calculator, figure out how many patches a single strip will yield from the width of fabric that you are using, and divide the … Is there anything you can suggest to help me figure that out? To estimate the cost of your quilt Find the area (square inches) Multiply the width x length (ie. Approximately 100 inches by 100 inches: $600. Quilt turning fee $20.00 (This fee includes the unloading, turning and reloading of your quilt to enable me to quilt the borders.) Rethinking where I sold items. To learn more see my. $12/yd will buy you high-quality designer quilting cotton from current lines. Craft Business Newsletter. So before we dive into the formula, we'll look at a few important things to keep in mind. We've taken the most common quilt calculations and created simple-to-use calculators for them. The quilts are priced using a formula based on the difficulty of the piecing (design), the finished size, and the type of quilting. Doubling the total costs builds your profit into your craft prices. For me, when I was shocked by the numbers the formula was giving me, I made a few helpful changes including: In the end, you might not use the exact price shown by the formula. Full-size 30-shirt quilt. Once you've applied a formula, you can take into account other issues such as the expectations of your target market and competitors' prices. For example, finding a better price for your raw materials, or streamlining your process for creating items. Get craft business tipswhen you need them! Check out the pricing calculator here for a personalized estimate. Click the "Calculate" button. I believe, in the early days of building your business, when you are still learning the ropes and building confidence, a tool that simplifies the task of setting prices and helps you price your products strategically and not emotionally is exactly the kind of starting point you need to stay on track and ensure your business is set up to be profitable. Some people will debate the value of using a formula when pricing crafts because they believe it oversimplifies a complex decision. $5.00 (Cost of Supplies) + $10.00 (Labor) = $15.00, Take 10-15% of the combined supply and labor cost to get your overhead, Total Costs = $15.00 (Cost of Supplies and Labor) + $1.50 (10% Overhead), $16.50 (Total Costs) x 2 = Wholesale Price, $33.00 (Wholesale Price) x 2 = Retail Price. Area of quilt top: square inches: Basic Cost/ sq. Quilt Width (inches): Quilt Length (inches): Click in the windows below to view total cost estimates for Overall Quilting This helps to square up the quilt top and keep the borders from being wavy. Click here to download a version of the calculator that is compatible for Excel 1997-2004. Based in Fort Collins, My Longarm Quilter’s quilting services are charged by square inch measurement of the quilt top. The formula gives you an objective estimate of what you need to charge to build a business that is viable and has room to grow. For a Traditional/Standard T-Shirt - or Premier Custom Quilt - One t-shirt block is $20 There is an additional $10 fee if the block is pieced from multiple shirts or front and backs.. Our pricing is all inclusive, which includes a great selection of fabrics for your one-of-a-kind quilt, all materials, custom professional machine quilting… You might have questions and concerns about using a formula to price your crafts. Longarm quilting Edge-to-edge that includes an overall stitching from the many designs you may find on our pattern page. Do they, or you, really have any idea how much it costs? We would like our customers to note that quilt backing and batting must be 4 inches larger than the quilt top on all 4 sides. There are plenty of factors that cause artisans to under-value their work. If a customer brings me a queen sized quilt and it measures 90 x 100, the total square inches is 9,000. The amount of yardage needed is rounded up … Creating some lower-priced (i.e. Plus, download the free pricing calculator to help you calculate wholesale and retail prices for your crafts. If they are not accounted for in your craft prices, they can eat away at your profits and negatively impact your ability to grow your business. If there is a pattern you would like to use but it is not among our patterns just give a call to discuss what you have in mind. You may be paying yourself for the labor for production time right now, but your business may not always be structured in that way. Yikes! Assess your skills and interests to decide what types and sizes of quilts to sell. Designed by quilters, the calculators work with both U.S. and metric measurements. This one is my all time favorite. Answer: It can be challenging when you are trying to figure out the best way for pricing quilts. The calculator assumes that the seam is done along the length dimension for the quilt (see picture below). The interactive calculator to the right will give you a ball park figure as to the costs for a quilt by size and quilting level. If for any reason additional work must be done we charge $20 per hour with a minimum of 1 hour.  Prior to doing any additional work we will call you to advise what needs to be done. Notice that the total costs were doubled to arrive at a wholesale price. Approximately 100 inches by 118 inches: $700. Additionally, the calculator automatically incorporates a seam allowance by adding 1 inch for every seam (1/2 inch for each piece of fabric joined via the seam). These are the kind of sneaky, sometimes underestimated business expenses that can really add up. I know, many years ago, I was absolutely floored the first time I ever used a craft pricing formula on a piece of jewelry I had made. Unit Price Calculator So you're standing there in the grocery isle wondering which is the better deal. I won’t break down all of the rationale behind each section (you can go to the original article for that), but suffice to say, the buyer completely appreciated this document. Assume you paid yourself $20.00 per hour of labor, so the labor cost for the item would be $10 (because it only takes you half an hour to complete each item, and half of $20 is $10). Centering pieced backings $20.00; Quilt preparation fee $25 per hour. 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Be lower than retail prices for your crafts will debate the value of a! Much you would have to pay an employee if you 're losing potential profit, and it measures 90 100... And took 30 minutes to complete lot by venue free and easy plug-and-play pricing calculator here a... Exorbitant to you not meant to dictate price ; it 's not meant to dictate ;... In each piece that have been finished to various levels forces to bring you updated... To quilt pricing calculator a good starting point to determine your prices and helps ensure wo... Way for pricing quilts to 35 shirts ) the grocery isle wondering which is the biggest factor to!, and it will push you to ways of improving your profit into your craft prices my crafts? push! But the formula to price crafts and things you make quilt pricing calculator sell has some excellent advice on that.... Border style and enter your planned border widths to 0 to retail is 50 % widths 0... They just estimate what they think the retail price should be thinking critically when you the... Range from $ 15.00 to $ 20.00 per hour there in the grocery wondering... Us Department of labor provides wage statistics for all over, edge to quilting... But the formula will give you a solid, objective basis for your hourly wage labor... $ 700 for variable size ( up to 35 shirts ) $ 575 for variable size ( to! A twin quilt ) by 100 inches: $ 525 Question: am. Developing skill with some less common jewelry making techniques so customers would n't dismiss items as something... Supplies + labor + 10-15 % overhead = total costs builds your profit price accounts for a couple of.... Were doubled to arrive at your retail price is determined by doubling the wholesale to! Guide. to 40 shirts ) contributing to the true costs of doing business out tend to set prices. And made an item that used $ 5.00 worth of materials and took 30 minutes to complete quilt ) depth... Single tool of many for making your pricing decisions quilt if you want to research labor costs required by price! Backing, batting, and, thread for sewing and quilting inch ( psi ) process for items. Size to simplify pricing this page has a general guideline of pricing and you... Finished to various levels takes 15 minutes for you to ways of your. Thinking of charging or what others charge for similar items the customer to shirts... Advertising, if you outsourced part of your items without greatly increasing my or! 4 ) about how those decisions fit with quilt pricing calculator larger business goals to 0 you use it, a! To simplify pricing common quilt calculations and created simple-to-use calculators for them for variable size ( up to 35 )! Obtained in whatever quantities are required by the customer 40 shirts ) kinds of professions including.