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Pricing

Posted: Fri Jun 09, 2017 12:23 pm
by twenty7nine
Hi,

I hope I am writing on the right topic. I would like to know how to calculate prices for cutting or engraving.

Thanks
Justin

Re: Pricing

Posted: Sun Jun 11, 2017 10:18 am
by Lightnin
much more info needed , but basically, time and costs/overheads plus profit = your selling/charge price.

Re: Pricing

Posted: Mon Jun 12, 2017 3:08 pm
by twenty7nine
Thanks for your reply;
Basically our issue is how to calculate time for example for a 30mins engraving
Thanks
Justin

Re: Pricing

Posted: Mon Jun 12, 2017 8:00 pm
by Daven
There is nor real answer apart from what Lightnin has said.

We could all post our rates but that would not only allow all our competitors to undercut and weaken the market but possibly still not give you an answer! Customers may also be willing to pay more for better quality and experience (depending on what you are doing)

Research similar products is the best way forward ;)

Cheers
Dave

Re: Pricing

Posted: Wed Jun 14, 2017 11:34 am
by Lightnin
Daven wrote:
Research similar products is the best way forward ;)

Cheers
Dave
but don't try to compete with the cheapest prices !
Lots of hobyists selling at a loss !