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  #1 (permalink)  
Old 07-05-2008, 03:42
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Location: Texas
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Default a few questions???

like i said before im new at this
my sister just had a baby girl, well she is 3 months old now
and she is the responsible one that im here, since she came to this worl i ca not walk in a store without picking a ribbon or checking things for her head.

now this are my questions a friend ask me if i could make her a bow for a gift but i do not know how much should i charge, here is my question

how do you do to know how much to charge for something?

another one hehe

how much it is "normal" to pay for a spool of ribbon because i've seen many but i feel they are too expensive

what is the better glue for ribbon? i've been trying with the E-6000 for fabrics but it takes forever to dry and i read in the back that could cause cancer,

Thanks for take the time reading this
and sorry if my english it is not perfect, but that is my second language
Thanks again!!!!!!!!
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Old 07-05-2008, 03:58
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Default Re: a few questions???

I wish I could answer some of these for you. I know the other girls can and I'll be watching as I need some of these questions answered too!

Oh and when my nieces were born I couldn't pass a Gymboree without buying half the store!
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Old 07-05-2008, 04:29
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Default Re: a few questions???

I get so excited to when someone in the family has a girl.
How much to charge, It all depends on what type of bow it is.
Sometimes I buy spools of ribbon from walmart for about $2 for about 6yds, I think that is a good deal.
I like to glue my bows with hot glue.
I think your english is great!
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Old 07-05-2008, 04:29
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Default Re: a few questions???

First, figure out expenses for that particular product:

Example: Clippie - only lined

3/8 ribbon: Price per yard/8 (36 in. in a yard / 4.5 inches per clippie) =
+
Clippie: Price per clippie
+
Hot Glue: number of sticks in the pk. * how many clippies you can make with
one stick =
then Price per pk / number of clippies can be made with whole pk.

Then overhead expenses: hosting, marketing, bow cards. This is harder because hosting (for me, $7) is spread out over the number of items I make in a month. I just estimate it and per a 5 cents per product. Then the cost of bow cards divided by how many you use , say 10 cents a product.

All this is put in and you find the true cost of your product - lets say 75 cents. This is not including your time. You need to determine how much you want to make per hour, and then divide that by how long it takes you. $5 bucks and hour and it takes you 5 minutes, you get paid about 42 cents, bringing the product cost up to $1.17. If you ask $2 per clippie, then you are making a profit of 83 cents.

You also need to factor in the area in which you sell, competitor's pricing and place of sale (boutiques sell things for more than farmer's markets, etc.)

Hope that helps.

Corey
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Old 07-06-2008, 07:42
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Default Re: a few questions???

I think your English is great

I prefer hot glue to make my bows. I just a very thin line to make sure it doesn't make the ribbon look clumpy.

Corey had some great advice on how much to charge

I generally buy my ribbon online as it's cheaper for me. I do like to pick through the dollar bin at Michaels though, sometimes they have some great ribbon

Good luck and enjoy
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Old 07-06-2008, 12:04
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Default Re: a few questions???

Quote:
Originally Posted by megarobertson View Post
Oh and when my nieces were born I couldn't pass a Gymboree without buying half the store!
And I thank you for that! They are having a sale...you can run down there and get them the Beach line if you're feeling frisky!

I like hot glue for my bows and E6000 for my clips and I haven't sold mine yet(still trying to get them done...I'm such a procrastinator) and I get most of my ribbon from Joanns and Walmart. I get a few here and there from Hobby Lobby but I like 7/8 ribbon and they don't really sell it with the cute prints. I've gotten some from ebay too and have gotten some great deals!
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Old 07-06-2008, 10:46
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Default you are great girls!!!!!!!

really you are!!!!

thanks for taking time reading this and for your great answers!!!!!

Corey :

im going for my calculator machine right now
hehehe
Thank you so much for your advice i really
appreciate it!!!!!


Thank you agains girls and read you around hehe

by the way welcome megarobertson!!!!
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Old 07-06-2008, 10:54
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Default Re: a few questions???

Quote:
Originally Posted by satwood View Post
And I thank you for that! They are having a sale...you can run down there and get them the Beach line if you're feeling frisky!

I like hot glue for my bows and E6000 for my clips and I haven't sold mine yet(still trying to get them done...I'm such a procrastinator) and I get most of my ribbon from Joanns and Walmart. I get a few here and there from Hobby Lobby but I like 7/8 ribbon and they don't really sell it with the cute prints. I've gotten some from ebay too and have gotten some great deals!


I agree with her about where to get your supplies.

Pssh next payday I'lll be sure to hop right on that. lol.

Thanks blessings4u!
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