The web's woodworking supersite
SEARCH:
home shop learn plans links

Woodworking Discussion Forum

Subject: "New here, pricing questions" Archived thread - Read only
 
  Previous Topic | Next Topic
Printer-friendly copy     Email this topic to a friend    
Conferences General Woodworking Topic #301
Reading Topic #301
DRoosa
Member since Feb-10-08
18 posts
Feb-13-08, 00:56 AM (EST)
Click to EMail DRoosa Click to send private message to DRoosa Click to view user profileClick to add this user to your buddy list Click to send message via AOL IM  
"New here, pricing questions"
 
   Hey guys,

Im Doug, im new to this forum and I hope your expertise will help me along as im not totally new to making things with wood im not completely an expert yet, and I have some questions for you all.

Just a while ago Ive been on google sketchup a bit creating different tables, shelving, and whatnot and have never really sold anything such as these and was just wondering what you guys thought of the designs and if you could give me a rough guess-timate on what someone would be willing to pay for them.

Im thinking about making quite a few pieces once it warms up a bit (im in ohio..it was -10 with windchill yesterday, ouch) and selling them regularly locally on craigslist and maybe holding garage sales to sell them.

Here they are, enjoy, and any critiques are very welcome to make them better...along with a rough estimate if you would have a good guess as to what it would sell for. I have shown 2 angles for each design. Thanks in advance!

Something fresh...


  Printer-friendly page | Top

  Subject     Author     Message Date     ID  
  RE: New here, pricing questions Sawduster Feb-13-08 1
     RE: New here, pricing questions DRoosa Feb-13-08 2
         RE: New here, pricing questions Sawduster Feb-13-08 3
             RE: New here, pricing questions arcticfox46 Feb-13-08 5
     RE: New here, pricing questions TrevorZ Feb-14-08 11
         RE: New here, pricing questions Sawduster Feb-14-08 12
  RE: New here, pricing questions arcticfox46 Feb-13-08 4
     RE: New here, pricing questions DRoosa Feb-13-08 6
         RE: New here, pricing questions Bruce50010 Feb-13-08 7
             RE: New here, pricing questions DRoosa Feb-13-08 8
                 RE: New here, pricing questions Bruce50010 Feb-13-08 9
                     RE: New here, pricing questions Sawduster Feb-14-08 10
                         RE: New here, pricing questions Josh from maine Feb-14-08 13
                             RE: New here, pricing questions DRoosa Feb-14-08 14

Conferences | Topics | Previous Topic | Next Topic
Sawduster
Member since Sep-2-04
16681 posts
Feb-13-08, 08:45 AM (EST)
Click to EMail Sawduster Click to send private message to Sawduster Click to view user profileClick to add this user to your buddy list  
1. "RE: New here, pricing questions"
In response to message #0
 
Just what we need, another "Doug". I'm already confused with all of them we have now. Of course getting me confused is quite easy.

Welcome Doug.

Interesting designs.

As to pricing, that depends on several things. First off, how many you want to sell? What is the market in which you will be selling going to be willing to pay? How is the economic situation in your neck of the woods? What are the demographics like?

Then, of course, there is you target market. Not a lot of high end furniture buyers look in CraigsList, garage sales and those sort of things for furniture.

Prices vary by a wide range from one market to another. I could quote you a price that I think something might sell for around here, and it wouldn't really make a hill of beans where you are.

Now, it would be easier to determine how much you have to sell each piece for in order to obtain a profit. Just add up all the costs and don't forget things like sandpaper, glue, electricity to light and run the shop, wear and tear on your tools. Oh, and a salary for you. And don't forget the cost of the money to front the materials to make the stuff. Even if you pay cash for everything, you're tieing up money that could be earning money for you.

Now you know how much you gotta get to break even (yes, your salary is part of that) and you still need to add a profit margin on top of that. Now go to Wallyworld, Target, KMart and look for similar items for sale there. That's where your Craigslist/Garage Sale furniture buyers are gonna be comparing prices. It matters not that your stuff is real solid wood or hardwood ply while Wallyworld's stuff is reconstituted termite vomit covered with plastic wood grain. If you can't beat Wallyworld's prices (and you really can't, even if you use plastic coated reconstituted termite vomit), then you ain't gonna sell very many pieces cause those folks ain't lookin for heirloom, they're lookin for something to fill a gap in their furnishings and don't expect it to last a year.

Now take yourself to a freestanding furniture store and look around. More plastic coated reconstituted termite vomit with a few sticks of real wood attached. This is the next step up. Can you match their prices and make a profit? Because if you can't, you're gonna play heck convincing someone that your tables are worth half again as much (likely more than that) as those at that furniture store.

Remember a few years back and all of those unfinished furniture stores all over the place? Remember all those places selling solid oak furniture in various stages of being finished? Are they still around? Ain't none left around here. Their niche pretty much went away. They had to charge more for their stuff (or there was so little difference in price) than the folks at the regular furniture stores selling completely finished stuff. Folks don't want to stain and varnish reconstituted termite vomit and real wood cost too much to be competitive.

Don't mean to burst your bubble, only to say you gotta set your sights higher. You gotta get into the market where folks are willing to pay for quality and longevity of furniture pieces. If you can get in that door, then most of the rules of pricing go out the window. A market where you will move more pieces by raising prices than by lowering them.

Jerry


A "Charter Member" before the crash of '04.

"If politics wasn't built on careful deception it wouldn't need its own word and techniques. It would just be called honesty, education, and leadership."
Bob "Phydeaux" Stewart one day on Woodnet

Visit my woodworking website:
http://www.sawdustersplace.com



  Printer-friendly page | Top
DRoosa
Member since Feb-10-08
18 posts
Feb-13-08, 10:51 AM (EST)
Click to EMail DRoosa Click to send private message to DRoosa Click to view user profileClick to add this user to your buddy list Click to send message via AOL IM  
2. "RE: New here, pricing questions"
In response to message #1
 
   Thanks Doug,

And I understand where you're coming from on the craigslist thing and a target crowd. But I have a feeling if I play it right the garage sales may work...I live almost directly on a pretty nice golf course and there are people here with 5 car garages who aren't really short on cash to spend and all like nice things.

I just think im going to give it a whirl once it warms up with a couple pieces and see where/what works to get sales.

I'll have plenty of build pics...Speaking of which, I see everyones finished products in the section of the forum for them (ggreat work btw)...but where are the build pics? I dont know if thats custom here...but im on fiberglassforums.com alot where people and myself post up fiberglass pieces and there are build pics every step of the way...I'd truely be much more interested in the steps to get to the final product than the final product itself...just wondering if anyone here does that with their pieces..? I will most definately be taking pictures of everything that happens with my pieces

Anyways, I'll keep you posted. Thanks
-Doug

Something fresh...


  Printer-friendly page | Top
Sawduster
Member since Sep-2-04
16681 posts
Feb-13-08, 12:24 PM (EST)
Click to EMail Sawduster Click to send private message to Sawduster Click to view user profileClick to add this user to your buddy list  
3. "RE: New here, pricing questions"
In response to message #2
 
The golf course thing might do it. Refer to my post about pricing for those folks. If it is too cheap, they won't buy it for the lack of price status.

Folks will sometimes post tutorials and such, or used to anyway. Or post in progress pics in answer to questions asked of a process. I may try to keep the camera in the shop on my next rocking chair build, but usually get so involved with the actual work that I forget to take pictures. Those sorts of things, when they get posted, are usually in the other areas than the finished projects. Oh, and some folks here have websites that have some in progress stuff or pics reference how-tos.

Jerry


A "Charter Member" before the crash of '04.

"If politics wasn't built on careful deception it wouldn't need its own word and techniques. It would just be called honesty, education, and leadership."
Bob "Phydeaux" Stewart one day on Woodnet

Visit my woodworking website:
http://www.sawdustersplace.com



  Printer-friendly page | Top
arcticfox46
Member since Sep-1-04
10624 posts
Feb-13-08, 12:44 PM (EST)
Click to EMail arcticfox46 Click to send private message to arcticfox46 Click to view user profileClick to add this user to your buddy list  
5. "RE: New here, pricing questions"
In response to message #3
 
Ohhh that rocking chair was AWESOMW

There are a few guys here that do absolutely AWESOME tutorials - Jerry being one of those guys.

In general pics posted in the "completed" forum are of finished product. To my knowledge there are no rules to that effect, but it has been done that way for as long as I know.

Personally I have not posted in there unless my project was fully complete.

Leo

Misha Custom Signs & Crafts
www.mishacustom.com

Before the 04 crash;
Member since October, 2003


"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. - Mark Twain


  Printer-friendly page | Top
TrevorZ
Member since Oct-3-06
248 posts
Feb-14-08, 01:37 PM (EST)
Click to EMail TrevorZ Click to send private message to TrevorZ Click to view user profileClick to add this user to your buddy list  
11. "RE: New here, pricing questions"
In response to message #1
 
   Jerry,
From time to time people will post pictures and designs in the messages that i can't see. I can always see my own pictures and I don't have a problem seeing the pictures in the turning forum. I guess those are mostly JPG based off the standard camera format. But I can't see the above designs nor have I been able to ever see Niki's designs or pictures. what gives? Is there a setting in Internet Explorer that needs to be flipped?

Sorry to hijack your discussion, but I would like to see your ideas

Trevor

Weekend Wood Warrior


  Printer-friendly page | Top
Sawduster
Member since Sep-2-04
16681 posts
Feb-14-08, 03:42 PM (EST)
Click to EMail Sawduster Click to send private message to Sawduster Click to view user profileClick to add this user to your buddy list  
12. "RE: New here, pricing questions"
In response to message #11
 
LAST EDITED ON Feb-14-08 AT 03:46 PM (EST)
 
If you're at your day job, could be that they have blocked some of the photo sites. Couple ways to post pics here, one is to upload them to the forum server as attachments. The other is to upload them another site on the internet. I've got a ton of space at my website provider, so generally upload to there. Other folks use some of the free photo sites that let you store pics there, then link to the pics there. When you attach pics, they come up at the bottom of the post and you can't add text between them or under them, although there is a way to work around that. When you paste a link, you have more versatility for things like tutorials and such.

But some of the photo storage sites don't like you linking to the pics because they want folks to go there and see the ads so they put stuff in the url which normal html doesn't recognize. And some servers, like those at people's work, block a lot of those sites.

You might check your security settings if you're not on someone else's server and see if there are some sites blocked there. His photos are stored at photobucket which generally doesn't add the funny html stuff so that site may be blocked somehow. Just checked one of Niki's posts and he's got his stored at photobucket, too.

Jerry


A "Charter Member" before the crash of '04.

"If politics wasn't built on careful deception it wouldn't need its own word and techniques. It would just be called honesty, education, and leadership."
Bob "Phydeaux" Stewart one day on Woodnet

Visit my woodworking website:
http://www.sawdustersplace.com



  Printer-friendly page | Top
arcticfox46
Member since Sep-1-04
10624 posts
Feb-13-08, 12:39 PM (EST)
Click to EMail arcticfox46 Click to send private message to arcticfox46 Click to view user profileClick to add this user to your buddy list  
4. "RE: New here, pricing questions"
In response to message #0
 
Doug,

Welcome to the Forum.

Jerry (Sawduster) has been around a lot and he knows what he is talking about.

As far as the WallyWorld target market is concerned - price is everything - quality is absolutely of no concern whatsoever. They shop yardsales and craigslist.

Try to sell anything at all to them that is made of wood - even cheap wood, and they instantly have a heart attack. They think the items should cost "X" dollars - period. Just about all of the time that "X" dollar amout is far lower than the cost of the wood alone.

Even people with 5 car garages that shop in yard sales don't want to spend money on yard sale items. Yard sale items are "supposed to be cheap". Even rich people know that.

Get those same people with 5 car garages that shop in yard sales to go to a fine furniture show room and then they will spend the money.

Wear a suit and tie, have you "work" on display in a gallery, talk with an English accent, display your "piece" (not end table), talk highly of it and you "might" get a decent price for it.

Put your end table in a yard sale and I am about 99% positive you will spend a lot more to build it than you could sell it for.

It's all about image - and of course - the piece must truly be good.

Go to Home Depot and brush your hand on the face of the junk cabinets they have. You will find that they have a really nice smooth finish. No nibs bumps of imperfections on any of those junky cheap cabinets. Will your finishing be better than those junky cabinets? Customers "will" notice the finish - especially if it high end stuff. The Wally world folks really don't care about the finish - just the price.

Ohhh - JERRY - Here in New England we DO still have the unfinished furniture stores. With the wood filler in all the cracks and spaces, they don't look too bad. Price is OK!!

Leo

Misha Custom Signs & Crafts
www.mishacustom.com

Before the 04 crash;
Member since October, 2003


"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. - Mark Twain


  Printer-friendly page | Top
DRoosa
Member since Feb-10-08
18 posts
Feb-13-08, 01:11 PM (EST)
Click to EMail DRoosa Click to send private message to DRoosa Click to view user profileClick to add this user to your buddy list Click to send message via AOL IM  
6. "RE: New here, pricing questions"
In response to message #4
 
   Thanks guys, i'll take all this into consideration when I start and let you guys know how the projects are coming along and how theyre selling

Something fresh...


  Printer-friendly page | Top
Bruce50010
Member since Dec-8-05
224 posts
Feb-13-08, 09:16 PM (EST)
Click to EMail Bruce50010 Click to send private message to Bruce50010 Click to view user profileClick to add this user to your buddy list  
7. "RE: New here, pricing questions"
In response to message #6
 
I don't want to be too flip but I wouldn't count on getting more than $5 or $10 for an end table at a garage sale. Garage sales are attended by people expecting to find used stuff that is being disposed of for one reason or another.

If you want to make and sell creative non-traditional designs like you drew, I'd suggest that you market it as "custom". The 3D drawings are an excellent marketing tool -- and you can ask for and receive good money if you make a custom piece -- let the customer "tweak" the design and choose the actual dimensions, material, and finish.

The challenge, of course, is finding customers. You could possibly visit some higher-end furniture stores and hand out business cards to their salespeople. If they have customers looking for unique pieces they don't sell, they might refer them to you, especially if a small commission is involved. You could also try shopper or newspaper classified ads, postings in public plces, or even simply distributing flyers or direct-mailings. Good luck.


  Printer-friendly page | Top
DRoosa
Member since Feb-10-08
18 posts
Feb-13-08, 10:20 PM (EST)
Click to EMail DRoosa Click to send private message to DRoosa Click to view user profileClick to add this user to your buddy list Click to send message via AOL IM  
8. "RE: New here, pricing questions"
In response to message #7
 
   ^yea, that was another point I was going to make...I wouldn't simply put 'garage sale' I would probably put 'custom furniture' or 'hand-made woodwork' or something along those lines so they would know what to expect...and possibly take pictures of the pieces. If I get into it enough I may start my own website with example designs on there with info to contact me about tweaking the designs to their needs and such. Thanks

Something fresh...


  Printer-friendly page | Top
Bruce50010
Member since Dec-8-05
224 posts
Feb-13-08, 11:47 PM (EST)
Click to EMail Bruce50010 Click to send private message to Bruce50010 Click to view user profileClick to add this user to your buddy list  
9. "RE: New here, pricing questions"
In response to message #8
 
Actually, you might want to think about finding a local furniture store that carries higher end merchandise and seeing if they would be interested in selling your work for you. Most of the designs you show are very non-traditional and would not compete with their factory lines. If you made 3 or 4 "unique" pieces they might display them with a placard stating that custom designs/materials/finishes are available. It would not be a cheap way to sell (they're going to take a substantial cut), but you're a lot more likely to make money than at garage sales.


  Printer-friendly page | Top
Sawduster
Member since Sep-2-04
16681 posts
Feb-14-08, 08:10 AM (EST)
Click to EMail Sawduster Click to send private message to Sawduster Click to view user profileClick to add this user to your buddy list  
10. "RE: New here, pricing questions"
In response to message #9
 
Consignment stores in boutique shopping strips if such an animal exists in your neck of the woods. There's one around here that deals in top end used furniture and heirloom antiques and such.

Jerry


A "Charter Member" before the crash of '04.

"If politics wasn't built on careful deception it wouldn't need its own word and techniques. It would just be called honesty, education, and leadership."
Bob "Phydeaux" Stewart one day on Woodnet

Visit my woodworking website:
http://www.sawdustersplace.com



  Printer-friendly page | Top
Josh from maine
Member since Dec-29-07
123 posts
Feb-14-08, 08:23 PM (EST)
Click to EMail Josh%20from%20maine Click to send private message to Josh%20from%20maine Click to view user profileClick to add this user to your buddy list  
13. "RE: New here, pricing questions"
In response to message #10
 
   i was thinking along the same lines as you about trying to start selling some of my pieces in awhile. If you live in a somewhat urban area you might be able to find small galleries that might display your pieces there. I was thinking of making 3 of the same thing and selling it at three prices in different demographic markets.

~~sawing after midnight... gluing till the dawn...~~


  Printer-friendly page | Top
DRoosa
Member since Feb-10-08
18 posts
Feb-14-08, 09:25 PM (EST)
Click to EMail DRoosa Click to send private message to DRoosa Click to view user profileClick to add this user to your buddy list Click to send message via AOL IM  
14. "RE: New here, pricing questions"
In response to message #13
 
   Yea, I may talk to a local furniture store about displaying some of my work this summer...but there arent too many small stores around here...mostly larger corporation stores that will probably turn me away in a heart beat thinking im just some waste of time like a telemarketor trying to sell them stuff (though I would show up in person, ofcourse) Thanks guys

Something fresh...


  Printer-friendly page | Top

Conferences | Topics | Previous Topic | Next Topic
 

About this site | Site Index | Link to us | Send Feedback | Advertise
Learn how you can promote your site on Woodworking.com!

Visit Our Partner Sites:
Rockler.com | Woodworkers Journal | Routermania | Women in Woodworking