Architect Archive

I am making and selling all master furniture with the exception of cafe table and end table for 3500cr per unit. I sell out very fast, my question is this price about right, or am I undercutting the market. I want to charge a fair price. Thank you.

make it 6k

I got my whole pricing scale at www.ratwhackers.com

I do need to do some revisions oin things though. BUt your'e welcome to look. POsted pics there too.

I start mine base at 5k with various pieces higher if they use components from others or wooly hide

I price the items not requiring wooly hide between 5.5k and 6.5k depending on my mood.

The loveseatI price between 10k-13k and the couch between 15k-17k depending on supply of hide and demand of furniture. I sell a fair amount too

Sell it for what people will pay. To figure that out, you need to do some experimentation. What I do is make whatever furniture you want to sell, then look around at what others are selling for.

Then I take that furniture, and sell it for about 20-30% above that.

If it goes very fast, and I have to constaly restock, my price is too low and I increase it.

If it sits there and collects dust, I lower the price.

After about 7-10 days(rough estimate.. make sure to include a weekend in there) you get an idea of what people will pay. Getting a price from some sort of price guide may be a good start, but I wouldnt use it as a bible. The key is to be flexible and adjust, you make the best profits that way, and makes the entire process far more interesting. Id equate the difference to...

If you pick a price and set it, and never change it again... a stock boy... boring huh?

If you pick a price, set it, then change it according to customer trends, market conditions... a CEO!!..