How to PRICE MACRAME art | How much I sell my macrame for

[@tbircak]

May I add a few tips? To calculate the minimum price for your hour, it's important to know how much is your cost of living (not how much you spend every month, but how much is the minimum you need to survive). So let's say you need $1000 to pay all your bills and food for the month, and you're gonna want to divide that by the amount of hours you want to work within a month. Let's say you want to work 6 hours, 5 days a week, so that's 30 hours per month. Divide $1000 by 30 and you know your minimum charge for your hour is $33.34. Hope that helps. And thank you so much for your videos, you're really amazing. I'm just thinking about starting with Macrame and I can't stop watching your videos. 🥰

[@annabaginova01]

Right, that could definitely help if you are not sure how to go about setting you hourly pay. Thanks for sharing the tip! 🙂 Let me know how it goes if you give macrame a try 😉

[@genacarlson7045]

Thank you, Anna, for being YOU! You offer so much more than macrame instruction and information: your passion, honesty, genuine nature and spontaneity are invaluable and hope they will not be overlooked by your subscribers. 💖

[@annabaginova01]

Wow, thank you! Those are such nice words and I am so happy to hear you appreciate all those things 😊

[@rohinijoshi9881]

It's so sweet of you to make a video on this topic and explaining so elaborately. Thank you very much 😊

[@annabaginova01]

You are most welcome 😊

[@absprescott977]

Great advice. I almost decide the price before I make it so I know how much time I should be spending on it. And then create to a range of prices to extend my market.

[@annabaginova01]

Good luck with your sales!

[@jeancampbell1161]

You did a great job of explaining a good part of the components to be considered when determining a price per product in macrame! I did write these things down as even though I thought I had considered a good amount of what you brought up, I found out there were things I didn’t take into account! Ironically, I did cost estimating as “part” of my career. I find it easier to raise a price for say.. that company, than I find pricing the value of my work and time. one thing someone told me is I can always have sales to reduce my costs, but it’s harder to increase costs once people know have a feeling for what you charge. Thank you for all the advice as it was all valuable. Let me admit that to date I have sold not one item yet my products are highly sought after as no one else does macrame in my area. My problem is ME giving my work away! That’s not working out well for me 😂😂…but it’s very real!

[@annabaginova01]

I have given plenty of pieces away as well 😌 and I absolutely agree with the sales, those are easier than trying to raise prices later…

[@carolgunn6527]

I just found your channel and I love it! I appreciate all your work!

[@annabaginova01]

Thank you so much!

[@priscillafajilan1448]

Thank you Anna for sharing your idea about pricing because that is really my problem if someone asks me "how much?"now i can estimate the price of my finished macrame..actually,you are my favorite macrame artist!😍😀more power and God bless!🙏🏽

[@annabaginova01]

I am so glad to hear it was helpful for you! And thank you so much for the nice comment 😊

[@gladysarmstrong8293]

I love your work and find your advice so very helpful. I find the better I get on creating my art the harder it is to part with .. I have been battling cancer for the past 6 years this has been my therapeutic relief thank you

[@annabaginova01]

Thank you so much 🙂 And you are absolutely right, I definitely enjoy looking at my more advanced work for a while before it goes....I imagine lots of hobbies and crafts would have that effect, I am glad to hear you found the one that works for you 🙂

[@StellinaSerpentine]

This is a great video, it’s so important to discuss as so many makers undervalue their work, especially if it’s something they find therapeutic and get joy from our making process. Also we all have to eat and pay bills, some of us have studios we rent and cost of living and rental prices differ also. As someone who has studied business strategy, I often price my work higher than my calculations, but have regular sales. Which means that your customers who can afford to pay a decent price for your work (especially if they are a business themselves) the ones who can’t afford much will appreciate when they get a discount, when you put items for sale, but also see that you value your own work and time. This also helps set a higher market value for your work and helps others to set prices more in line with the rising cost of living.

[@annabaginova01]

Such a great comment and I absolutely agree, we can't live only on the joy we get from our art...unfortunately 😅 Well I am glad you found value in my video and thank you for sharing your process. It's encouraging to hear from someone who has more of a formal education in this.

[@jennifermckenzie9773]

Loved your video. Just the help I needed as I am just starting out and have a lot of work hanging in my house

[@annabaginova01]

Glad I could help 🙂

[@hannahgogos5942]

I was doing research today on what a large wall hanging goes for, as I am considering selling some peices as extra income. It's hard when sites like Shein out of China are selling these things for like $20, but the peice I made took 11 hours and I spent more than that in materials alone. Really appreciate all your input. Thank you. 😊

[@annabaginova01]

I completely understand, since making the video I think I've realized that you have to learn quite a bit about marketing and invest time in that in order to be able to sell your art for a reasonable price.

[@Nungala0850]

Great advice thank you 😊

[@annabaginova01]

You are most welcome 😊

[@Skippy66]

Awesome thank you so much from Australia ❤️

[@annabaginova01]

You are so welcome!

[@sarahschmidt97]

My problem with pricing is I hate charging people for my time, I always feel guilty 🤷‍♀️ 😂

[@annabaginova01]

Oh yes, I know that feeling…I think you just get more comfortable with the thought over time (I hope 😅)

[@summercaughey814]

You sell your time at a job right? Why wouldn’t you charge for your time when making and selling a product?

[@StellinaSerpentine]

I used to struggle with this, value your time, it the one thing you can never make more of. Valuing your time is valuing yourself, even if you got joy from your work, it’s still work

[@pinkyysk]

Also thinking what other people would pay for my time too which is a odd one.

[@rouhysavoji4999]

Do you have any classes?

[@rebekkadow4003]

i want to start a macrame business and was wondering how do I sell them? On demand or do i keep a number of pieces in stock?

[@21_f_aus]

I have some macrame waiting to be done, I haven't done any since where we are there isn't really any space, I do look at doing a few small and basic ones then expand to more of a variety, it's unfortunate that there's places like Shein that sell these pieces for dirt cheap...

[@brianm8384]

Thank you for this

[@annabaginova01]

My pleasure!

[@marami9741]

I have the same problem as you where people don't understand Macrame here and they underestimate how much effort it takes. Also, they think the materials are very affordable where in fact there is no local store that sell Macrame cords where I live.

[@annabaginova01]

Oh yes, well fingers crossed that this perception changes…

[@BisKitKa11]

Great explanation Anna, I´d add as personal cost also the time that I spend on a research and sketches of the final design. What do you think? May I ask you where do you buy Bobbiny cords? Directly from them (do they provide better/lower price for the amount) or just from some local distributors?

[@annabaginova01]

Oh absolutely, that should also go into the time spent calculations 😉 I am buying my cords from a local distributor since she is in the same country and so things are easier than if I were to buy the cords from Poland.

[@cindyharrison4191]

Very good advice 👌

[@annabaginova01]

Glad to hear that!

[@cherifrey5256]

thank you!!!!!!!

[@annabaginova01]

You are most welcome 😊

[@tigrebonita]

Thank a a ton . Really helpful. How should one deal with the pdf patterns that ones paid for ? Can those pieces of work be sold ? That pushes up the price , right ? I’ll take you advice , start off and then adjust as per need. Thanks again 🤗🙏🏼🙏🏼

[@annabaginova01]

Good question, what I would probably do is send an email to the author of that pattern (if you can find their address) and ask for their permission to sell the piece. I get those questions here and there as well and I think it's nice that people ask me before using my tutorials to make a profit for themselves. I have never asked for any fee in return but other people might and so yes that would push the total price higher.

[@jackieerdmann5253]

Trying to make a plant hanger with a table Under it and wanna start everything from the top ring how do I do it

[@annabaginova01]

I have never made a plant hanger, so that's not my expertise. But maybe there will be someone in the audience that will be able to help you out.

[@cemitchell6496]

Oh, I don't know about your area, but, apparently here in America, non-crafters don't think your time is worth even minimum wage unless you are someone like Amish quilters. Not disrespecting Amish quilters. Or wood workers. Still, not disrespecting wood workers.

[@annabaginova01]

Right, that’s unfortunately the case here as well, let’s hope that this will change over time…

[@innluvfud]

Hi Anna 🙋 (i hope i wrote it right)...thank you sooo much for your sharing..i am in dilemma right now and hope you can answer my question...i am totally macrame beginner and there is not much option for macrame cord here in my country. The one that we have here is the premium one and i am so tempted to buy it. Do you think practicing knot with premium cord can help my macrame journey become faster/easier? 🌼

[@annabaginova01]

Hi 👋 You wrote it correctly 😉 to answer your question I think it’s more about the type of the cord rather than the quality. I think you learn the fastest with braided cord because that one is easy to unknot and so you can quickly correct it if you make a mistake and the cord will still look good…

[@innluvfud]

@@annabaginova01 Thank you so much for your answer and recommendation..really appreciate it. I will use braided cord first for practicing and trying other type later...thank you again 🌼

[@MariaHernandez-nd6mr]

Buenos dias tu video tiene traduccion sl español?

[@annabaginova01]

I haven't purchased Spanish subtitles yet but I am planning to do so in the future...

[@karie_brown]

What’s the cheapest way to ship? My shelf is 17 inches long and under 2 lbs and ups is saying it will cost $17-30 to ship 😳

[@annabaginova01]

I unfortunately won't be able to help much in this. I also found that shipping is extremely costly but I haven't done any further research into the different providers or anything....

[@karie_brown]

@@annabaginova01 thank you for your response

[@C9.]

Good content

[@annabaginova01]

Thanks

[@melodybrown4764]

🌈❤🧡💛💚💙💜🌈

[@annabaginova01]

😊😊

[@juanadearco6457]

As always: thank you fot your sincere words and your honesty in teaching. From far north to Argentina 🏳‍⚧ , really thank you for your time.

[@annabaginova01]

My pleasure! And hello to Argentina 👋