The economy may not be in the best of shape right now, but that is no reason to throw in the towel on your craft business in South Carolina. In fact, since South Carolina currently has the fourth highest unemployment rate in the country, it is more important than ever to make sure that your business succeeds. One way to help ensure your success at craft shows in South Carolina this year is to make sure you are pricing your arts and crafts for maximum profits.
There are several things to consider when pricing your arts and crafts in South Carolina such as the following:
You will have to weigh and consider each of these factors when pricing your arts and crafts in order to achieve maximum profits from your 2009 craft shows in South Carolina. You must make enough to cover the cost of materials and your (or your assistant's) time, keep your price within the "going rate," and still make a profit after paying your booth rental and other expenses. It is better to aim a little too high and allow for some bargaining room, than to price your items too low and lose money.