I just love this article "Quiltonomics: The Real Cost of Quilts" by Jennifer Moore
If some of you have time, this is a good article to go and read.
My daughter in law tells me that I am worth more than I charge, not to under sell myself. I saw on facebook the price one of my friends was selling a baby quilt for and almost choked (I didn't have anything in my mouth either).
So I went to my etsy shop and upped some of my prices. A few months later a quilt sold. I was so astounded, even still it was a bargain.
Marjorie Busby designs I made these small quilts.
About ten years ago a friend asked me to make them a quilt for their mother. Said she would make it worth my while.
So I did and I think I even hand quilted it.
At that time I had sold maybe one or two quilts....and didn't have a clue to the price I should ask.
So I left it up to her and to my utter shock she only paid me 40 dollars.
That didn't even cover the cost of fabrics. I wanted to cry, for days I wanted to cry. I personally would rather give it away then sell it for that price. It was my fault for not being more informed and milly mouse about it.
For my friends, I find great joy in quilting for them so when I tell them a price, it is just that...the price of what they pay me and the price of my happiness of doing it for them. No regrets
What brought this on???
Well....I had to get my taxes ready for my husband....I keep all my receipts, the quilts I sell...etc. I was so happy with the little I made last year until he calculated up my time per hours.
I have to laugh because he was really being unrealistic because he went by a 40 hour work week and we all know that I quilt when I want to quilt and it is no 40 hours a week. I also am not doing this to feed myself either, if I had to feed myself I might not be so lax about it all.
I do it for the love of quilting. (no pun inteneded)
Here is a video that was in the article above about the price of quilts. This is here for you in case you do not have time to read the article.
So are we really undervaluing our worth like my daughter in law says? Then you think, who would pay for them at such high prices and I am not talking 3,000. As proven in my etsy shop, you can ask for more and there are people who will pay for it and know and appreciate the true value of your work.