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Old 07-12-2012, 12:41 PM   #124
sc magnolia
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Join Date: Aug 2011
Location: South Carolina
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Originally Posted by DianeCraft View Post
Your blog has so many good ideas. Your items look fabulous!

I calculate my product costs as I go along. I keep cardstock and papers for which I have paid 30cents or less in a separate pile earmarked as "safe" for craft sale use. Then, when I am using them up, I know the cost for each sheet is no more then 30 cents. When I buy things throughout the year which planning for craft sale use, I write the cost of item on package in Sharpie, write the items bought on a runnign list in a notebook, and store in my craft sale supply storage boxes.

These techniques make it so much easier to tally the cost of an item as I make it. My hubby says the best pricing scheme is to double your costs, then double that amount again to come up with a good retail amount.
I was able to pay some of my tuition last year with proceeds.

This system has taken me about 2 years to perfect. After craft sale season, I keep about $500 at home so I can use it throughout the year for supplies. I bought myself my sizzix bigshot the first year, and this past year bought a cricut (which I have yet to use).
Thank you Diane!! Such good ideas
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