This is such a tricky yet important topic. Thank you for going through your process. As artists, I feel we are all notorious for underestimating the worth of our creations. I do agree, however, that a bigger name will bring in a bigger price. For sure.
This is the most amazing journal I have ever seen! You must have smiled a lot when you found again a little thing to add to your piece of art!Thank you for your adding up all the things.
I think your thought process on pricing is the best I have seen. I always feel like it is a guessing game. Now I have some very good tips to use when pricing. Thank you. That journal is wonderful. I just want to flip through it and enjoy how tactile it is.
Really informative video and I wish others thought like you! Have you ever watched the channel passions of paper im sorry but her journals are the most over priced up to 200+ thru 1,200. Her latest yesterday was 300+ for an unembellished 5 signature. But even crazier is that she actually has sales on Etsy! SMH! Thank you for sharing your honest and practical method.
Very very helpful! It is so hard to figure out what to sell journals for and not feel like I am calculating with more than I should. You broke it down beautifully for me. Thank you! You have a new follower!
I can only imagine how much time you put into that. I've been making them for 3 years and they're getting more work and time intensive. I think $100 is underpriced. $300-$400 would be overpriced for almost any journal. I would not say that $200 is too much. It may seem like a lot to anyone who does not make journals. But to anyone who knows what is involved, $200 is not too much. My opinion.🙂
I'm glad you put this out there. Because for me i see a lot of junk journal that are way,.way way stupid over price. In my opinion. They r beautiful but i wonder how they come up with $300.00 to $400 for a junk journal. Thank you for sharing.
Hi Joy, I just subscribed! I always wondered how a person figures out how much to charge for a journal! That helps a lot. My husband has said when I worked on a journal for hours & hours, I should figure that into it too! But then it goes way over $200 to $300. So I say I wouldn't buy it then. But anyway, it sounds reasonable to make it a $100. But I really like how you did it! Your journal is beautiful. Just gorgeous! It probably was a lot of hours for that one! Well, thanks for sharing! 😉🐾🎃🐈⬛🧙♀️✏️📓✨️
@@SharaLee60 thanks for the sub! I think we have to remember why we started-to learn a craft and enjoy something you love. Therefore, until it becomes a business you have to be reasonable in pricing and let yourself know you did it for fun. Welcome and thanks!
It's difficult isn't it? Most of us have accumulated so much "stash" over the years we can't remember what we paid for it. So much time is put into these journals, especially if you are a perfectionist. One journal can take weeks to complete. I agree we should estimate costs. I agree big names can charge more. But we must also look at what the market will tolerate in our area. Check several online sellers, FB marketplace and Etsy. Sigh. It's almost like sending one of our children away and we can only hope the journals turn into family heirlooms. At least, that is what I intend when creating them. The journal you showed in indeed a work of art. Loved it!!!
Excellent video! Thank you!! Maybe a way to cut a lot of time out of this process is when you buy things, keep a spread sheet of what it costs per item. What I mean is, when you buy say eyelets, keep track of what you paid per item. List it in the spread sheet as say $6.00 per pack of 30 eyelets, they cost .20 cents each. A pack of 50 sheets of card stock in $6.00, each sheet cost .12 cents each. Then just keep a tally of how much of each item you used. A skein of eyelash trim cost $4.00 each, and I used1 yard. There will still be a lot of what you are showing here, but it should cut it down substantially. A yard of fabric cost $13.00 a yard, I just used about 3/4 of a yard making a lap book. The hard part is how much is your time worth? I have been a quilter for over 40 years now and there is no way I would sell any of my quilts. Nobody would pay what they are worth. My brother asked me to make him a hunting themes quilt for his bed. I did and he offered to pay for it, I told him no. Money did not come easy for him and that quilt cost me $600.00 just to make it. That did not include a minute of my time. I find it very hard to sell things I have made. I have not made any journals yet that I would sell, but maybe someday.
@@lisawagner6076 That is what I did except on paper. Thanks for watching! We do many things for our family and trust me they have no idea the work and money it takes to do things. I’m glad you like it.
Stumbled across this video. As a journal user, potential purchaser I would never pay more than AUD$20-$30 for a junk journal. This is way short of your final price, which i assume is in USD? I don't care how amazing or detailed it is...i just don't ascribe that much value to this item. This is why I make my own, that way i get what i want, its unique and waaaaay cheaper than what you buy them for, and yes, I'm excluding my time in this analysis. Imho, this is a niche product you're never going to make a living from...you make them because you like making them, and if someone gives you some money for them, great. Edit. In case you're wondering, I'm an accountant by day (mixed media weirdo by night 😉) so I have knowledge and experience in costing items. 40% markup on costs excluding item though seems reasonable for something that's a side hustle. But given how saturated the market is, you need to have a USP (unique selling point) in order to justify this mark-up. I could go on but no-one wants a business and accounting lesson on a craft RUclips page 😅
Thanks for your input. I appreciate and value all comments. I have an accounting background too. Thanks so much for watching. So many things to consider and I guess that is why we are all different.
I just found your channel, and whether you're known or not, this journal is exquisite and worth the $100! As a junk journal maker, I can only imagine the time it took you to make this. Thanx for spelling out your pricing, however, I feel that you undervalued things, like your fabric/tassel, which seems mor lik $5, or the tim holtz stuff, which is costly. That little spine ring, probably more like a dollar. But if you're charging $100, why bother with the nickel and dime strategy? Would you then price it at $114? Asking for a friend 😁
Welcome and thanks for your feedback! It is always a balancing act of what is reasonable and what people are willing to pay. I did this on the fly without looking at my costs. So I suggest you truly do the work first. I do see your point. I probably under priced it a bit. The spine thing is a knock off and I have no idea how much it cost, but I think it was more like $.25. I just want to make sure I don't under price, which so many people do I feel. Many don't cover their cost by guessing totally, and that was my point of the video. And I guess, yes, I would price it for $114 + shipping and packing material for example. Hope that helps.
This is interesting. Most of my supplies come from our local thrift store. 20 sheets for a dollar, buttone, ribbons, twine, cloth. The only thing I pay for is magazines for fancy cuts, and those I can get at thrift store. I am thinking to price by signature. What do you think??
I don't know how long that you have been doing this, but your journal is a work of art. So, I think that as you get more followers, you will be able to get at least $200 for your "Art/Table Decor" Book. You also have to consider what the taxes you will pay are and the fees that will be taken out by Etsy or Paypal, etc...The only issue is that when people are willing to sell their journals for too cheap, it lowers the price that people can charge in the marketplace. At the end of the day, it is not a "Craft Fair" item. I love creating Journals/Art Pieces, but I can't give them away. My time, your time must be accounted for and all of the expenses. Your journals are gorgeous -- you deserve much more!!!!!!! Maybe Patreon could offset the time and fee component a little--Just not sure.
👏👏👏eine wundervolle Arbeit👍😍in dem Kunstwerk ist jede Menge los und es gibt viele, schöne Details zu entdecken 🎉🎉🎉 die Cluster gefallen mir besonders gut ❤ ...wenn ich bedenke wieviel eine Monteurstunde kostet🫣 ...könnte man das Journal locker für 149,99 € 😅anbieten... ...wenn man nicht grade Rembrand 😅heißt oder 10000😂Abos hat, ist kreatives Schaffen eine Brotlose Kunst... ...man muss sich halt von anderen mit seiner Kreativität differenzieren... Ganz liebe Grüße Petra aus Deutschland ❤
@@petraskunstwerkstatt1596 I didn’t mean to make you an approved. I have to figure how to undo that. So sorry. I was trying to translate your language.
Thank you so much! I agree 100%. I still can't figure out how to take admin status away. I guess you have to refuse. If you don't, then I can remove you. I apologize for the confusion. I was just trying to figure out how to read your comment and accidently pushed adding you as an admin.
Oh wow, was ist denn das für ein zauberhaftes, magisches Journal. So etwas schönes hab ich ja noch nie gesehen. Es ist so ganz anders als alles bisherige. Hast Du die Seiten alle aus Stoff gemacht? Deine Seiten liegen so schön flach beim durchblättern, das mag ich. Hast Du die Papiere auf den Stoff genäht? Erzähl doch mal ein bisschen dazu. Ich bin ganz begeistert. I am so over the moon in love about your journal. Many lovely greetings from Dresden in Germany. Love Doris and here is my subscribe for you.
Thank you so much! I appreciate you watching! I've had requests to make one live. So, it is on my to do list. Watch for it! I did have all fabric to start with. I did sew papers onto the fabric. I did an actual flip-through of this journal close up. I think I have it to pop up after this video. Glad you enjoyed it! Much love!
Thank you for this video. I ask this all the time and actually haven't sold any because i don't know how to price them. Also...your journal is AMAZING! I've never seen anything made like that before. Have you or will you show us how you made it?
HIJoy Great video. I was always taught to figure your materials then double that. In this case, that would be underpriced. On the other side if we figured out an hourly wage, we’d never be able to sell them considering how many hours we put into them. Thanks for sharing. Creative Blessings!
Thanks. I agree. That is why I mentioned the 40 % markup from T.G. & Y. Inflation would make that right I’m sure. Have to figure in other costs like Fees too.
Honestly I feel like some journals are so elaborate and artistic and very detailed and full of embellishments and unique vintage ephemera and I can understand around 300 or a little more for example shabby soul sells her creations for that and rightfully so she creates for Tim holts product releases. So I feel it has to be really special for that amount but honestly there should be something for everyone with honest prices so anyone interested can still obtain one within their budget in an ideal world. I make my own journals but don’t sell them. Sorry just so many feelings on this subject. I do feel they are worth more than 30 AU dollars most definitely.
@@savanahevans9551 I agree. Thanks for watching. I said at the beginning and at the end. It depends who you are and how good your work is. I was trying to make a statement about figuring your cost. So many newbies don’t figure costs.
It's worth $100 as a piece of artwork, definitely. But as a journal, I didn't see a lot of blank space for Journaling, so I would be hesitant to pay that price if I was looking for a useable journal.
@@camillemcintosh7765 Thanks for watching. Great point. It does depend on what you want to do. I usually add I. Cost for the journal on my shop. But, if I sell outright, I charge.
Yes, most likely it’s worth a bunch…but I didn’t follow the math. Marking $14.15 up 40% equals ( 40% of 14.15. = about $5.65 and $14.15 + $5.65= about $20) then I don’t really understand how you got to $100, even though I agree. Just wondering not complaining at all. Probably because you just know from experience is my guess. 😊
Thanks for watching! I believe I said look at it overall and see if the work was superior or lacking. I did forget to mention fees if you sell on Etsy or like. Don’t forget shipping. It also depends if you are known or a beginner. That is how.
Thanks for watching! You must take a look at the cost first. Don't forget shipping/packing and any fees (allow for discounts-that will help with the 40% markup). That will give you a cost. From there you know to not go under it when you sell it. Then, look over it all as a whole and see how it compares to others work in that price range. If you feel your work is superior to others in the same price range, then, I feel you can account for some of your time. That is how I came up with $100.
If you’re counting every penny in “supplies” why wd you not count your time? Time is money. That’s the most important factor in these as they’re usually ridiculously time-intensive. It’s like any art. I’ve seen shite journals sell for big money and decent ones sit.
Wow! Your journal is really something! I love it! People pay a lot for things they love! Your journal is an art journal!! It may not be nearly as big of some of the journals being made today, but there’s no comparison! Even a 4-signature journal that’s just paper can’t hold a candle to yours!! Which reminds me that you have more money wrapped up in lots of supplies, so I would say your overhead is higher than someone who’s making a more traditional journal and primarily relying on scrapbook or digital papers. Every technique we have involves specialized equipment: die-cutting machines, dies, inks, glues & adhesives, even the daubers to apply inks. I think that the number of techniques used, demand a higher price. It’s been fascinating to see the pages in your journal, it is in a class of its own! Thank you for sharing your thoughts with us! It’s been enlightening for me! Erica❤ I have subscribed, I know I will enjoy learning more about you & your work! ❤
you were pretty close. the formula is your cost, then double that amount, then double that amount, then double that amount. this covers cost, time and overhead. at least thats what i learned. yours came to 113.20,
This is such a tricky yet important topic. Thank you for going through your process. As artists, I feel we are all notorious for underestimating the worth of our creations. I do agree, however, that a bigger name will bring in a bigger price. For sure.
@@jenniFaux1 I agree. Thanks for watching!
This is the most amazing journal I have ever seen! You must have smiled a lot when you found again a little thing to add to your piece of art!Thank you for your adding up all the things.
@@LiesjeDeVries ahh, thanks so much! It was a really fun journal.
I really needed this video I have been wondering about how to price for a while
Thank you so much.😊
I think your thought process on pricing is the best I have seen. I always feel like it is a guessing game. Now I have some very good tips to use when pricing. Thank you. That journal is wonderful. I just want to flip through it and enjoy how tactile it is.
@@JodiLewisCreations thank you so much! Glad it helps.
Stunning and so creative! Love the natural,rustic materials throughout. The pricing is logical and makes figuring out how to price so much easier
@@cindyharris9025 thank you. So glad you enjoyed it
What a gorgeous journal. Such a work of art!!! TY for sharing. Definitely worth $100+
Thank you! I am so glad you liked it.
Really informative video and I wish others thought like you! Have you ever watched the channel passions of paper im sorry but her journals are the most over priced up to 200+ thru 1,200. Her latest yesterday was 300+ for an unembellished 5 signature. But even crazier is that she actually has sales on Etsy! SMH! Thank you for sharing your honest and practical method.
Thank you so much for watching! I appreciate you! I haven’t watched her. I’ll check her out.
I agree!! And who buys these?? It's almost like a cult. I could never justify in this economy either selling one or buying one like that. SMH
Very very helpful! It is so hard to figure out what to sell journals for and not feel like I am calculating with more than I should. You broke it down beautifully for me. Thank you! You have a new follower!
You are very welcome! Thank you for subscribing.
I can only imagine how much time you put into that. I've been making them for 3 years and they're getting more work and time intensive. I think $100 is underpriced. $300-$400 would be overpriced for almost any journal. I would not say that $200 is too much. It may seem like a lot to anyone who does not make journals. But to anyone who knows what is involved, $200 is not too much. My opinion.🙂
@@FridayWitzel ahh you are so sweet!
OK THANK YOU FOR THIS VIDEO AND AND AND OMG THIS JOURNAL IS FANTASTIC BEAUTIFUL AND JUST WOW WOW WOW LOVE THIS 💚💚💚💚💚
Thank you so much! I am so glad you liked it.
What an awesome journal. You must get your supplies pretty cheap. I’m only halfway through but I hope you add a fair amount for glues!❤️
True I do get most supplies cheap. Thanks so much!
I'm glad you put this out there. Because for me i see a lot of junk journal that are way,.way way stupid over price. In my opinion. They r beautiful but i wonder how they come up with $300.00 to $400 for a junk journal. Thank you for sharing.
Paper and time should be charged for.... it's MORE than a journal, it's a unique piece of art.
@@Doreas13 I agree totally! Thanks for watching.
Your journal is stunning. It was extremely helpful. Thanks for your time!
Thank you for watching! I appreciate it!
This journal is amazing. I can’t even imagine the hours you must have put into it. Thanks for this video. I’m now a new subscriber. 🤗🇨🇦🤗
Welcome! Thanks for your comment. I appreciate it!
Hi Joy, I just subscribed! I always wondered how a person figures out how much to charge for a journal! That helps a lot. My husband has said when I worked on a journal for hours & hours, I should figure that into it too! But then it goes way over $200 to $300. So I say I wouldn't buy it then. But anyway, it sounds reasonable to make it a $100. But I really like how you did it! Your journal is beautiful. Just gorgeous! It probably was a lot of hours for that one! Well, thanks for sharing! 😉🐾🎃🐈⬛🧙♀️✏️📓✨️
@@SharaLee60 thanks for the sub! I think we have to remember why we started-to learn a craft and enjoy something you love. Therefore, until it becomes a business you have to be reasonable in pricing and let yourself know you did it for fun. Welcome and thanks!
BEAUTIFUL journal! Well worth 100-150 even 200 dollars! IMO💕 Also, a new subbie💖
Thanks for your comment and welcome! I appreciate you watching!
It's difficult isn't it? Most of us have accumulated so much "stash" over the years we can't remember what we paid for it. So much time is put into these journals, especially if you are a perfectionist. One journal can take weeks to complete. I agree we should estimate costs. I agree big names can charge more. But we must also look at what the market will tolerate in our area. Check several online sellers, FB marketplace and Etsy. Sigh. It's almost like sending one of our children away and we can only hope the journals turn into family heirlooms. At least, that is what I intend when creating them. The journal you showed in indeed a work of art. Loved it!!!
Thanks for watching. It is a guessing game when you didn’t (expect) to track.
Gorgeous journal!!
Thank you so much! I appreciate you watching.
What a lovely journal
Thank you! I appreciate you watching
Stunning journal. So much detail. Very unique.
@@Veronim78 thanks
Excellent video! Thank you!! Maybe a way to cut a lot of time out of this process is when you buy things, keep a spread sheet of what it costs per item. What I mean is, when you buy say eyelets, keep track of what you paid per item. List it in the spread sheet as say $6.00 per pack of 30 eyelets, they cost .20 cents each. A pack of 50 sheets of card stock in $6.00, each sheet cost .12 cents each. Then just keep a tally of how much of each item you used. A skein of eyelash trim cost $4.00 each, and I used1 yard. There will still be a lot of what you are showing here, but it should cut it down substantially. A yard of fabric cost $13.00 a yard, I just used about 3/4 of a yard making a lap book. The hard part is how much is your time worth? I have been a quilter for over 40 years now and there is no way I would sell any of my quilts. Nobody would pay what they are worth. My brother asked me to make him a hunting themes quilt for his bed. I did and he offered to pay for it, I told him no. Money did not come easy for him and that quilt cost me $600.00 just to make it. That did not include a minute of my time. I find it very hard to sell things I have made. I have not made any journals yet that I would sell, but maybe someday.
@@lisawagner6076 That is what I did except on paper. Thanks for watching! We do many things for our family and trust me they have no idea the work and money it takes to do things. I’m glad you like it.
This makes a lot of sense and thank you for sharing
@@craftyjunkjournals2502 thanks! I’m glad it helped.
At least $100. It is beautiful work!
@@jeansigona4029 thank you
Stumbled across this video. As a journal user, potential purchaser I would never pay more than AUD$20-$30 for a junk journal. This is way short of your final price, which i assume is in USD?
I don't care how amazing or detailed it is...i just don't ascribe that much value to this item.
This is why I make my own, that way i get what i want, its unique and waaaaay cheaper than what you buy them for, and yes, I'm excluding my time in this analysis.
Imho, this is a niche product you're never going to make a living from...you make them because you like making them, and if someone gives you some money for them, great.
Edit. In case you're wondering, I'm an accountant by day (mixed media weirdo by night 😉) so I have knowledge and experience in costing items. 40% markup on costs excluding item though seems reasonable for something that's a side hustle. But given how saturated the market is, you need to have a USP (unique selling point) in order to justify this mark-up. I could go on but no-one wants a business and accounting lesson on a craft RUclips page 😅
Thanks for your input. I appreciate and value all comments. I have an accounting background too. Thanks so much for watching. So many things to consider and I guess that is why we are all different.
You should sell for over $100. That's a lot of work! So lovely!
Thanks so much for watching! I appreciate it!
I just found your channel, and whether you're known or not, this journal is exquisite and worth the $100! As a junk journal maker, I can only imagine the time it took you to make this. Thanx for spelling out your pricing, however, I feel that you undervalued things, like your fabric/tassel, which seems mor lik $5, or the tim holtz stuff, which is costly. That little spine ring, probably more like a dollar. But if you're charging $100, why bother with the nickel and dime strategy?
Would you then price it at $114?
Asking for a friend 😁
Welcome and thanks for your feedback! It is always a balancing act of what is reasonable and what people are willing to pay. I did this on the fly without looking at my costs. So I suggest you truly do the work first. I do see your point. I probably under priced it a bit. The spine thing is a knock off and I have no idea how much it cost, but I think it was more like $.25. I just want to make sure I don't under price, which so many people do I feel. Many don't cover their cost by guessing totally, and that was my point of the video. And I guess, yes, I would price it for $114 + shipping and packing material for example. Hope that helps.
This is interesting. Most of my supplies come from our local thrift store. 20 sheets for a dollar, buttone, ribbons, twine, cloth.
The only thing I pay for is magazines for fancy cuts, and those I can get at thrift store. I am thinking to price by signature. What do you think??
I don't know how long that you have been doing this, but your journal is a work of art. So, I think that as you get more followers, you will be able to get at least $200 for your "Art/Table Decor" Book. You also have to consider what the taxes you will pay are and the fees that will be taken out by Etsy or Paypal, etc...The only issue is that when people are willing to sell their journals for too cheap, it lowers the price that people can charge in the marketplace. At the end of the day, it is not a "Craft Fair" item. I love creating Journals/Art Pieces, but I can't give them away. My time, your time must be accounted for and all of the expenses. Your journals are gorgeous -- you deserve much more!!!!!!! Maybe Patreon could offset the time and fee component a little--Just not sure.
Thank you so much for your perspective. I hadn’t considered the whole market. I appreciate your input. Thanks so much for watching.
👏👏👏eine wundervolle Arbeit👍😍in dem Kunstwerk ist jede Menge los und es gibt viele, schöne Details zu entdecken 🎉🎉🎉
die Cluster gefallen mir besonders gut ❤
...wenn ich bedenke wieviel eine Monteurstunde kostet🫣
...könnte man das Journal locker für 149,99 € 😅anbieten...
...wenn man nicht grade Rembrand 😅heißt oder 10000😂Abos hat, ist kreatives Schaffen eine Brotlose Kunst...
...man muss sich halt von anderen mit seiner Kreativität differenzieren...
Ganz liebe Grüße Petra aus Deutschland ❤
@@petraskunstwerkstatt1596 I didn’t mean to make you an approved. I have to figure how to undo that. So sorry. I was trying to translate your language.
Thank you so much! I agree 100%. I still can't figure out how to take admin status away. I guess you have to refuse. If you don't, then I can remove you. I apologize for the confusion. I was just trying to figure out how to read your comment and accidently pushed adding you as an admin.
Oh wow, was ist denn das für ein zauberhaftes, magisches Journal. So etwas schönes hab ich ja noch nie gesehen. Es ist so ganz anders als alles bisherige. Hast Du die Seiten alle aus Stoff gemacht? Deine Seiten liegen so schön flach beim durchblättern, das mag ich. Hast Du die Papiere auf den Stoff genäht? Erzähl doch mal ein bisschen dazu. Ich bin ganz begeistert. I am so over the moon in love about your journal. Many lovely greetings from Dresden in Germany. Love Doris and here is my subscribe for you.
Thank you so much! I appreciate you watching! I've had requests to make one live. So, it is on my to do list. Watch for it! I did have all fabric to start with. I did sew papers onto the fabric. I did an actual flip-through of this journal close up. I think I have it to pop up after this video. Glad you enjoyed it! Much love!
Thank you for this video. I ask this all the time and actually haven't sold any because i don't know how to price them.
Also...your journal is AMAZING! I've never seen anything made like that before. Have you or will you show us how you made it?
You are welcome! At some point I will. I have Christmas fun coming next though. I appreciate you watching!
HIJoy
Great video.
I was always taught to figure your materials then double that. In this case, that would be underpriced. On the other side if we figured out an hourly wage, we’d never be able to sell them considering how many hours we put into them.
Thanks for sharing.
Creative Blessings!
Thanks. I agree. That is why I mentioned the 40 % markup from T.G. & Y. Inflation would make that right I’m sure. Have to figure in other costs like Fees too.
Honestly I feel like some journals are so elaborate and artistic and very detailed and full of embellishments and unique vintage ephemera and I can understand around 300 or a little more for example shabby soul sells her creations for that and rightfully so she creates for Tim holts product releases. So I feel it has to be really special for that amount but honestly there should be something for everyone with honest prices so anyone interested can still obtain one within their budget in an ideal world. I make my own journals but don’t sell them. Sorry just so many feelings on this subject. I do feel they are worth more than 30 AU dollars most definitely.
@@savanahevans9551 I agree. Thanks for watching. I said at the beginning and at the end. It depends who you are and how good your work is. I was trying to make a statement about figuring your cost. So many newbies don’t figure costs.
Hello, new subscriber here 😊 this journal is absolutely beautiful 😍 thank you for sharing your insights on pricing, that was really really helpful 😊
@@Vanessa_Papillon thanks so much! Glad it is helpful.
It's worth $100 as a piece of artwork, definitely. But as a journal, I didn't see a lot of blank space for Journaling, so I would be hesitant to pay that price if I was looking for a useable journal.
@@debrahorn1938 thanks for watching! It is meant for a table journal.
Thank you for this video. I have been wondering what to charge for my journals. Do you include shipping or do you charge separately?
@@camillemcintosh7765 Thanks for watching. Great point. It does depend on what you want to do. I usually add I. Cost for the journal on my shop. But, if I sell outright, I charge.
Yes, most likely it’s worth a bunch…but I didn’t follow the math. Marking $14.15 up 40% equals ( 40% of 14.15. = about $5.65 and $14.15 + $5.65= about $20) then I don’t really understand how you got to $100, even though I agree. Just wondering not complaining at all. Probably because you just know from experience is my guess. 😊
Thanks for watching! I believe I said look at it overall and see if the work was superior or lacking. I did forget to mention fees if you sell on Etsy or like. Don’t forget shipping. It also depends if you are known or a beginner. That is how.
I'm confused about how you got from approximately $20 (after 40% markup from $14) to about $100? Thanks
Thanks for watching! You must take a look at the cost first. Don't forget shipping/packing and any fees (allow for discounts-that will help with the 40% markup). That will give you a cost. From there you know to not go under it when you sell it. Then, look over it all as a whole and see how it compares to others work in that price range. If you feel your work is superior to others in the same price range, then, I feel you can account for some of your time. That is how I came up with $100.
@@JJwithJoy thank you again!
Where do you buy 10 cent charms?
Big bags from Temu. Some are $.06/ ea and others from Hobby Lobby on sale are up to $.15. That is why you have to do the math on what you purchase.
merci pour ce partage, très intéressant car je ne sais pas comment calculer les album que je confectionne. belle journée à vous. isabelle
You are so welcome! Thank you for watching.
It is a nice journal and I don't want to be too critical, but there is very little journaling space which I don't understand really.
There are different journals. This would be a nice ‘table’ journal. An interest piece.
Thanks for watching!
If you’re counting every penny in “supplies” why wd you not count your time?
Time is money. That’s the most important factor in these as they’re usually ridiculously time-intensive.
It’s like any art.
I’ve seen shite journals sell for big money and decent ones sit.
@@differenttakethanmost I agree but I’ve found most won’t pay for the amount of time it takes.
It’s gorgeous and so much work was put into it but where do you journal?
@@pamschueler4083there is only a little room for journaling. All journals aren’t to journal in.
@@JJwithJoy thank you for your quick reply. 😊
Wow! Your journal is really something! I love it! People pay a lot for things they love! Your journal is an art journal!! It may not be nearly as big of some of the journals being made today, but there’s no comparison! Even a 4-signature journal that’s just paper can’t hold a candle to yours!! Which reminds me that you have more money wrapped up in lots of supplies, so I would say your overhead is higher than someone who’s making a more traditional journal and primarily relying on scrapbook or digital papers. Every technique we have involves specialized equipment: die-cutting machines, dies, inks, glues & adhesives, even the daubers to apply inks. I think that the number of techniques used, demand a higher price. It’s been fascinating to see the pages in your journal, it is in a class of its own! Thank you for sharing your thoughts with us! It’s been enlightening for me! Erica❤ I have subscribed, I know I will enjoy learning more about you & your work! ❤
New subscriber and journal maker. This was very valuable information. Your journal is so different and beautiful. Thank you for sharing. ❤
@@alsoarty1 thank you and welcome to our world!
you were pretty close. the formula is your cost, then double that amount, then double that amount, then double that amount. this covers cost, time and overhead. at least thats what i learned. yours came to 113.20,
Interesting! I’ve never heard that. Thanks for your input!
OMGoodness!!😳😱🥰
Elvira, here, using hubby's phone, any-hoo....OMGee's!!
Absolutely gorgeous 'n wonderful 'n interactive 'n BeAuTiFuL!! 😍 💯🥰🌹👍🧑🦳
Thank you so much! I appreciate you watching!