Mark to market

[maypirate]

AND SO YOU SEE.

I have finally finished the Loki doll I was working on for jou, and because he's probably my most fabulous creation to date I present him now



Regular Loki!



Loki with hat!


And now I have some questions for you all! I'd like to open my etsy shop and start taking doll commissions, but I'm very bad at pricing my goods, so I wanted to offer this poll. If you could just take a moment to throw in your input, that would be awesome.


[Poll #1802525]

Thank you for your help! :D

Comments

[thistlerose.livejournal.com]

Aww, he's cute. I love his little helmet. (I should watch "Thor" shouldn't I?)

[reikah.livejournal.com]

THAT HAT.

[moons-creations.livejournal.com]

Don't sell your time short. Time is valuable and you're spending a lot working on these.

I'd look at Deadly Sweet's pricing. Although she's on holiday break right now. But her pricing should give you an idea of where you should be.

[shipwreck-light.livejournal.com]

AT LEAST $30 FOR LOKI THAT HAT WAS NOT A SMALL TASK.

[herongale]

May!!! That Loki!!!!! CUTEST EVER!!!!

/wants one! bad!

[jactrades]

That HAT. AND HIS HAIR. And the stitching!.

So, I put $15 for the X-Men (each) & $20 for Loki, but upon further consideration, I would think more like $20 (each) for Charlie & E, and maybe $35 for the pair? And then $25 or $30 for the Loki, since he comes with a removable hat that is adoraballs.

Also, putting on my economist hat, it's been shown that:

A) Most people will naturally round up or down to the closest number ending in 5 or 0, so if you price at $21, people will just think of that as $20, and buy at nearly the same rate they would if it actually were $20. Same thing with $24 (i.e. people will think of that as $25), but that'd hurt you, not help you.

B) People generally don't consider shipping prices as much as they should in their buy-or-not-buy calculations. So more people will buy an item that is priced at $10 with $3 shipping than will buy an item that is priced at $12 with $1 shipping.

[mrasaki.livejournal.com]

Those are so adorable. <3

eta: and I would do $10-15 for a basic figure as you start out, going up in increments of $5 based on complexity.

[sail-aweigh.livejournal.com]

I think you should definitely ask more for Loki, since you provided removable accessories for him. Since I said $20 for the Erik/Charles dolls, I'd go at least $25 for Loki, maybe $29. People always thing they're getting a better deal if something ends in 4 or 9; because they round up in their minds, anything less is a bargain to them. Keep away from anything ending in 0 or 5; make it $19, $24, $29, etc.