[Woodcarver] Re: First post- how to price?

[Mike Bloomquist]

Bill,

I apologize if I'm butting in here, and butting in late, but I would like to
side strongly with Joe on this issue.  It's never a good idea to fluctuate
your prices on a particular item to try and match your market.  The customer
you said  understood, bought it at a cheaper price earlier, so it's more
likely they are understanding.  If they had found you selling the item
cheaper than what they had purchased it for I believe you would have lost a
customer as Joe predicted.

Still, I understand you having a range of venues... for different reasons
probably, I do too.  My solution has been to widen the range of products in
my inventory.  I carve quick/inexpensive items, intermediate items with
intermediate prices, and high level/ higher priced items.  That way if I'm
going to a show in a financially depressed area <like most of the Mohawk
Valley where I live>, I bring all the affordable stuff, most of the middle
stuff and at least one "gee whiz" piece.  The "gee whiz" piece is for that
wealthy relative from Boston, who just happed to visiting for the weekend
<G>.  I haven't really done a $400-$800/booth  "fine arts" show yet, but
when I do, I'll front load my inventory.... all the expensive ribbon winners
would come first, then the middle priced items, and finally the low end
things, but only if I have room left for them <but probably not at all>.
This method means you can tailor yourself for success at any level of show,
but still not compromise yourself, your customers, or, indirectly, other
carvers by fluctuating your prices.

Just MTCW, but it works.

Keep on Carvin'
-Mike Bloomquist->

Wooden Dreams Woodcarving
http://www.borg.com/~bloomqum




----- Original Message ----- 
From: "Bill Smith" <baydolphs at yahoo.com>
To: "[Woodcarver]" <woodcarver at six.pairlist.net>
Sent: Sunday, September 25, 2005 1:21 AM
Subject: Re: [Woodcarver] Re: First post- how to price?



> DONATIONS to the Woodcarver Mailing List can be made using PayPal OR

regular mail. Click this link: http://wwwoodcarver.com/WWWList/WWWList.html

> no if I could find the right price I woul not have to

> go around to see what prices are best shows are where

> I normally end up returning to the shows if its a poor

> sellin one I dont return after 3 times..

>

> Bill

>

> --- Joe Dillett <jdillett at thecarvingshop.com> wrote:

>

> > DONATIONS to the Woodcarver Mailing List can be made

> > using PayPal OR regular mail. Click this link:

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> > Hi Bill,

> >

> > If you find a place where you are getting the best

> > price, why would you go

> > to any place just to sell it it for less?

> >

> > Once you learned what to do to get the right price

> > expand on those methods

> > to further open up that market.

> >

> > Joe Dillett

> > The Carving Shop

> > 645 E. LaSalle St. Suite 3

> > Somonauk, IL. 60552

> > (815) 498-9290 phone

> > (815) 498-9249 fax

> > http://www.thecarvingshop.com

> > jdillett at thecarvingshop.com

> > http://www.carvingmagazine.com Carving Magazine web

> > site and Readers Forum

> > http://community.webshots.com/user/joe_dillett

> > http://www.citizenactions.org

> > http://www.safeguardsystemsinc.com

> > **************************************************

> >

> >

> > ----- Original Message ----- 

> > From: "Bill Smith" <baydolphs at yahoo.com>

> > To: "[Woodcarver]" <woodcarver at six.pairlist.net>

> > Sent: Saturday, September 24, 2005 1:40 PM

> > Subject: Re: [Woodcarver] Re: First post- how to

> > price?

> >

> >

> > DONATIONS to the Woodcarver Mailing List can be made

> > using PayPal OR regular

> > mail. Click this link:

> > http://wwwoodcarver.com/WWWList/WWWList.html

> > joe I agree with u on what u are sayin howeve when

> > someone is lookin to see what the prices should go

> > for

> > u explain that to your curstomer n most of the time

> > they will inderstand I had one customer come to me

> > and

> > ask me why he paid so little at another place in

> > even

> > in a different state and I said i was not sure how

> > my

> > stuff would market. Like I had to learn at my other

> > shows.

> >

> > Bill

> >

> > --- Joe Dillett <jdillett at thecarvingshop.com> wrote:

> >

> > > DONATIONS to the Woodcarver Mailing List can be

> > made

> > > using PayPal OR regular mail. Click this link:

> > > http://wwwoodcarver.com/WWWList/WWWList.html

> > > Hi Rip,

> > >

> > > The big problem with changing pricing based on

> > what

> > > the people will pay is

> > > that there is an obligation to protect the

> > > customer's investment. When a

> > > customer payes a higher price for your work and

> > > finds out that it is being

> > > sold at lower prices you've lost that customer

> > plus

> > > all the people that

> > > customer talks to.

> > >

> > > The other problem is you never know the real value

> > > of your work. The real

> > > value of your work is the price it sells for on a

> > > consistant bases.

> > >

> > > Joe Dillett

> > > The Carving Shop

> > > 645 E. LaSalle St. Suite 3

> > > Somonauk, IL. 60552

> > > (815) 498-9290 phone

> > > (815) 498-9249 fax

> > > http://www.thecarvingshop.com

> > > jdillett at thecarvingshop.com

> > > http://www.carvingmagazine.com Carving Magazine

> > web

> > > site and Readers Forum

> > > http://community.webshots.com/user/joe_dillett

> > > http://www.citizenactions.org

> > > http://www.safeguardsystemsinc.com

> > > **************************************************

> > >

> > > ----- Original Message ----- 

> > > From: <WdcvrRip at aol.com>

> > > To: <woodcarver at six.pairlist.net>

> > > Sent: Friday, September 23, 2005 8:57 PM

> > > Subject: Re: [Woodcarver] Re: First post- how to

> > > price?

> > >

> > >

> > > > DONATIONS to the Woodcarver Mailing List can be

> > > made using PayPal OR

> > > > regular mail. Click this link:

> > > > http://wwwoodcarver.com/WWWList/WWWList.html

> > > >

> > >

> > >

> > >

> >

> --------------------------------------------------------------------------

------

> > >

> > >

> > > >

> > > > In a message dated 9/23/05 7:22:42 PM,

> > > nancydenis at iowatelecom.net writes:

> > > >

> > > >

> > > >> However, I have a follow-up question - how do

> > you

> > > do your calculation for

> > > >> "in the round" carvings?

> > > >>

> > > >

> > > > As someone just said, "What will the market

> > bare."

> > >    We had a carver in

> > > > our

> > > > club who had to retire due to health and turned

> > to

> > > carving full time. To

> > > > make

> > > > a living he had to sell at every show he went

> > > to...so he had about seven

> > > > different price ranges.   In a poor community

> > his

> > > prices were low and in a

> > > > rich

> > > > town his prices were high.   It all balanced out

> > > in the long run.    Rip

> > > >

> > >

> > >

> > >

> >

> --------------------------------------------------------------------------

------

> > >

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