Thread: please vote on what you pay for these retail

Originally Posted by Wongo

Michael, none of us here will go into a gallery and pay more than $100 for anything. So don't worry about what they said. I can see this in a gallery for $300 to $400 easily. Give it a go. It is OK if it doesn't sell. If it sells then it is a little bonus for you.

I'm just going on the poll and the result that over 50% of you tight a*se barstewards (I'm a big one too) imagined that you would spend $131+ and voted that way is good enough for me.

Originally Posted by Glider

Arron is spot on. The price of anything is whatever the traffic will bear regardless of what it cost to make. Back yourself & put a good price on it and the market will soon let you know if you are right or not.

that's what I'll do.

Originally Posted by Greg Ward

Wongo........
What about us poor timber sellers. Imagine how we feel regarding having a $90 piece of timber machine cut about, planed, glued up a bit and resold for $1500.....

That's life hey. Looking through some of the design blogs it makes you wonder why (whether) people pay the price for some of the objects. I mean if these shelves were there, I wouldn't be surprised to see high three-figure numbers. It's just crazy (unless of course they are your objects ).

Cheers
Michael

"What about us poor timber sellers. Imagine how we feel regarding having a $90 piece of timber machine cut about, planed, glued up a bit and 100 hours of work later resold for $1500....."

Yes I will there Saturday and Sunday.

And then the timber has holes and cracks and isn't dry...........

100 hours?

Imagine if you could work at around the speed of light, time would slow so you not only could produce more, but do it in less time.... and you could create your own blackholes as well
I guess this means you need to review your equipment and get faster drills and saws and thicknessers and glues.

Speaking about dry.... raining out there today, but Sunday and Saturday looking good for a change.

Sorry about the thread hijack..... but as I said, I was here before, I voted early (and I tried, but they would only let me vote once)

Greg

Yes 100 hours. You know, hand cut dovetailed drawers, 7 coats of finish and all that crap. And the wood will not be $90 like you suggested. AND we don't always sell things for $1,500. The galleries get half of it remember?

How would you feel if I said you found logs in the bush for nothing, cut them into boards, let them dry for a while and resold them to me for $2,000? That would be wrong for me to say that because both you and I know it is far from the truth. Agree? I think you do. You just want to have a bit of fun with me.

See you on Saturday and Sunday.

I'm with Clinton here. I'd be working it out based on tooling, materials and time cost. After working that out add 20-30% and start from there.

You need a sustainable business model if you are going to produce something for sale. The stockists add 100% markup so you need to make sure you are benefiting from the process, afterall the lion's share of the risk is yours.

If you are not valuing your time at more than you could get labouring then you are selling yourself short. You need to allow for depreciation and wear on your tooling and for your costs in procurement.

If you are having trouble bringing your product to market then there are alternatives such as consignment based sales. These galleries etc. take goods that remain yours and charge a fee as a percentage of sales price. This isn't uncommon and can often suit a smaller producer allowing more of the $ to go into the producers pocket.

Yes Mr. Wongo.

Craftsmen were the only workers of antiquity that were not slaughtered when towns and villages were demolished by invaders

The reality is that if a heirloom well designed product is produced with top quality timber, it can last for hundreds of years and is cheap at whatever price is paid.

Fine, well made furniture will not be stapled pineboard that breaks and is thrown away after a few years. How can you compare a $400 coffee table that lasts 4-5 years to a solid well made one made from quality solid timber that lasts for hundreds.

Top quality items will outlast the family and be passed along to the next generation.
Red cedar, rosewood Qld maple, tas blackwood, mahogany, even fine eucalypt timber products .... well made and constructed are wonders and something to be treasured.

I am sure all forum members will be on the list of those to be treasured and kept come the revolution.

Greg