How to Calculate Inventory and Pricing For a Craft Show - First Time Seller Series скачать в хорошем качестве

How to Calculate Inventory and Pricing For a Craft Show - First Time Seller Series

I have officially been accepted into my first craft show and my head is spinning. There is so much to do and it all seems a little blurry right now. I am scared and excited and completely overwhelmed. The show is the second week of November so I still have some time to get ready but it still seems unmanageable. So I am trying to break down this process into more achievable pieces. And it seems that answering the questions of how much inventory should I have and how should I price my items is a good place to start. I have done a little research and here is what I have learned and how I am planning to proceed with my craft show inventory and pricing. In the video below you will learn three methods for calculating how much inventory you need at a craft fair and a simple formula to determine how to price your products. Hello and welcome to the Upcycle Design Lab my name is Cindy. I craft with recycled, repurposed, and unwanted materials. There is a lot of experimenting with trash and recyclables that happens in the lab. And my intentions to make old items "new" again sometimes turn out better than others but there is always something learned. If you enjoy reusing repairing and re-imagining old items, I hope you will stick around and check out some of my other videos and join those of us who are rethinking the things we throw away. ▶️ Visit my store - https://www.ebay.com/str/clotheslinea... ▶️ Check out my favorite craft supplies in my amazon store. https://www.amazon.com/shop/upcyclede... If you would like more upcycling craft ideas please visit https://upcycledesignlab.com/​​​ Other Video's in this Series Craft Show Vendor Application -    • Craft Show Vendor Application - First Time...   Product Photography for Beginners - Budget-Friendly Tips for Crafters -    • Product Photography for Beginners - Budget...   Chapters 00:00 - Welcome to the Lab 01:04 - Two Questions 02:05 - Three methods to calculate inventory 02:18 - Formula 1 - Vendors Fees 02:35 - Vendor Fees Example 03:19 - Formula 2 - Sales Goal 03:40 - Sales Goal Example 04:35 - Formula 3 - Show Attendance 05:22 - Show Attendance Example 1 06:55 - Show Attendance Example 2 08:14 - Note for all methods 08.34 - How to price handmade products 09:27 - Simple Pricing Formula 10:49 - Pricing low priced item 11:34 - Pricing mid-priced item 12:32 - Pricing high priced item 13:28 - Re-cap of numbers 14:14 - Workshop tour Advertising Disclosure: Upcycle Design Lab may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Some of my favorite crafting tools Fusworks Microwave Kiln - https://amzn.to/3iRxFvC Tin Snips - https://amzn.to/3fNWpmr Mod Podge - https://amzn.to/3fN3iEK Center Punch - https://amzn.to/3fRwXfS Cordless Drill - https://amzn.to/3s8Ihcr #UpcycleDesignLab​​​​ #UpcyclingIdeas​​​​ #CraftShowSeries #ActionTaker