love your pin design and the colors came out so cute!!🥹💜 I have a question, how do artists get reasonable profits from selling enamel pins? I see that they are generally priced at around $10-$12, just like you’re pricing yours too… the manufacturing price you would’ve paid for the ones in your video divided by 30 rounds up to $9,5 per piece 😭 mold fee aside, the unit price is $6.96 which is still very expensive 🥲 now I understand that you can get much better deals by purchasing larger quantities but even so it’s a bit strange to me that enamel pins are much much more expensive to manufacture than acrylic keychains for example, yet I often see acrylic keychains being priced higher than enamel pins 🤔 I’m just starting my own shop and I get that different product types can have different profit percentages but enamel pins seem to be the least profitable from what I’ve seen (unless you have a really big following and can order huge quantities I guess), yet so many artists make them lol!! I’m kinda confused about that, I just don’t really understand 😅
the answer is really just make them in larger quantities haha, usually there is a minimum order quantity at factories at either 50 or 100 pieces and they charge much much more money for ordering under the minimum. even with the company in the video GS-JJ, their price calculator shows that if you buy only 30 pins the price per unit is ~6.50 but if you order 100 pins it goes down to ~2.50. so while it's nice that they let customers order a low number to test out a new design, it's definitely not cost-effective long-term 😅 if i was spending my own money on these pins i would have gone with the 100 piece route, even though that's a ton of product. i wouldn't have to worry about restocking it for a while, and i am confident enough in the design to know that it will eventually sell. if you're new to selling your art, i would consider holding off on making pins until you've got some hard data on what kind of things will be popular for your shop!
awh thanks so much for the reply, it’s very helpful!!!💖💖 I see, so the price per unit drops quite a lot once you’re up into the hundreds! 😮 yeah I see how that would be the way to go in your case 🤭👌🏻 for me it’d definitely not be ideal lol! for now since I’m just starting out with my shop I’m sticking to other kinds of products and I’ve already ordered some acrylic pins instead! 😊 love watching your vlogs btw 🥰 hope you’re having a great day and thanks again!!✨✨@@glitchbat
@@kumorifaustus2240 yes, i think acrylic pins are a great compromise! to be honest, i actually prefer making acrylic products anyway haha! good luck with your new shop, you've got this 💪 thanks for watching!
@@glitchbat hehe thanks so much!!! 🥰✨ good luck to you too, spooky season is just around the corner and I know it’s right up your alley!!🤭 keep up the amazing work!💖
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love your pin design and the colors came out so cute!!🥹💜 I have a question, how do artists get reasonable profits from selling enamel pins? I see that they are generally priced at around $10-$12, just like you’re pricing yours too… the manufacturing price you would’ve paid for the ones in your video divided by 30 rounds up to $9,5 per piece 😭 mold fee aside, the unit price is $6.96 which is still very expensive 🥲
now I understand that you can get much better deals by purchasing larger quantities but even so it’s a bit strange to me that enamel pins are much much more expensive to manufacture than acrylic keychains for example, yet I often see acrylic keychains being priced higher than enamel pins 🤔
I’m just starting my own shop and I get that different product types can have different profit percentages but enamel pins seem to be the least profitable from what I’ve seen (unless you have a really big following and can order huge quantities I guess), yet so many artists make them lol!! I’m kinda confused about that, I just don’t really understand 😅
the answer is really just make them in larger quantities haha, usually there is a minimum order quantity at factories at either 50 or 100 pieces and they charge much much more money for ordering under the minimum. even with the company in the video GS-JJ, their price calculator shows that if you buy only 30 pins the price per unit is ~6.50 but if you order 100 pins it goes down to ~2.50. so while it's nice that they let customers order a low number to test out a new design, it's definitely not cost-effective long-term 😅
if i was spending my own money on these pins i would have gone with the 100 piece route, even though that's a ton of product. i wouldn't have to worry about restocking it for a while, and i am confident enough in the design to know that it will eventually sell. if you're new to selling your art, i would consider holding off on making pins until you've got some hard data on what kind of things will be popular for your shop!
awh thanks so much for the reply, it’s very helpful!!!💖💖
I see, so the price per unit drops quite a lot once you’re up into the hundreds! 😮 yeah I see how that would be the way to go in your case 🤭👌🏻 for me it’d definitely not be ideal lol! for now since I’m just starting out with my shop I’m sticking to other kinds of products and I’ve already ordered some acrylic pins instead! 😊
love watching your vlogs btw 🥰 hope you’re having a great day and thanks again!!✨✨@@glitchbat
@@kumorifaustus2240 yes, i think acrylic pins are a great compromise! to be honest, i actually prefer making acrylic products anyway haha! good luck with your new shop, you've got this 💪 thanks for watching!
@@glitchbat hehe thanks so much!!! 🥰✨ good luck to you too, spooky season is just around the corner and I know it’s right up your alley!!🤭 keep up the amazing work!💖