Price is personal. Especially for handmade businesses, where there is such a clear labor of love for sale. Sharon and Isaac share their perspectives on a tricky part of business. It's also extremely personal for this week's podcast guest, Kristen of PF Candle Co., who has to price her products to support her, her employees AND a growing family.
When you figure out what works in your business, it's such a relief! But frustratingly, the saying is true: What go you here won't get you there. Adapting is hard but necessary. Member and maker Andrea Bruns Vickery shares how she made changes in her product and marketing, but stayed true to herself.
Being THE boss in your business is about learning the right lessons. I am so impressed by today's guest, #ahasmember Adwoa Grier, who didn't always start out doing the "right" things, but learned lessons by observing and taking advice-- even if it's advice from a child (who knows her stuff!). What also impresses me about Adwoa? Her Instagram scenes are always a creative inspiration and delight when they come up in my feed! Read on to see the lessons she learned, particularly on pricing.
Wholesaling is by far the number one thing that makers ask about when we have meetings or workshops...or even just in social situations! While makers know that wholesaling can represent unloading a lot of the selling and markeitng work, get you a more steady stream of income and expand your customer base. But it's intimidating because it's much more unfamiliar territory than selling directly to customers. And wait, what is this... I need to be prepared to give a store 50% of my price?