A busy week trying to get everything out. Everything is out. ALL of the stockings are sold. I had a large sell-out of those locally. Currently I'm making 4 bags that I need to get completed by Christmas to local customers. One of these is a new one which I'll post probably tomorrow.
At the moment I'm taking a break from active promotion of the etsy shop until I catch up. My husband did some research on the forums and put together the hourly cost from one of the forum post (see here). The average was a little over $ 15 an hour with a range from 9 to 40. Some did reply thay made 0$ / hour because of lack of sales! I started out at hoping for $10 an hour but know I'm no where close to that at the moment. If I get pass the design and learning stages I think it can go above that. We'll see. Above is a graph he did showing the number of repsonses at a given dollar amount. He also came across an interesting site in this forum that could be used to set prices (http://www.home-jewelry-business-success-tips.com/jewelry-pricing-formula.html). Another item he came across was a site which he you could use to track a name across several of the social networking sites. This is http://www.whostalkin.com.
It bloomed!
6 years ago
Interesting research. Thanks for sharing!
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