You know what I'm talking about right, my fellow ecommerce people?...Etsy people in particular?....Pricing an item is tricky, particulary when the price point on your particular sight may be lower than out in "the real world."...and when I say the "real world," I'm referring to a store, or gallery-- a place you can physically go to :) ...
Over the last few months I have been S-LO-W-L-Y raising my prices on Etsy because I have really been lowballing them. Also, I know I can get more for them in my studio, and in stores and galleries if I pursue that route...I feel my prices in my studio need to be comparable to those on my Etsy sight...(I would feel kind of icky if people bought something for $40 at my studio, then logged onto my Etsy sight, only to find they could get it there for $20 )...
So how do we deal with these pricing issues?...I'm still trying to figure that out...One thing I've thought of doing is offering larger pieces in my studio, to sell at a higher price point...(many of the other artists who have studios near me have prints in the $40- $50 range-- they are shocked that I sell my prices for such a low price-- $20)....I've also had customers who were shocked at the low price of my prints...which makes me wonder if I should raise the price in my studio, and at Etsy...ah...but the price point there is lower...so what to do?...hhmm....
For now, I think I will continue my current price for prints on Etsy, but also offer some larger versions at my studio. I may also yank some or all of my originals from Etsy, but I'm kind of wavering on that-- not quite sure...most of my ACEO's take 5 or 6 hours, so I'm not even paying myself minimum wage on those little guys...I really like having a full shop though! :) ....Maybe I could list the print, and note that the original is also available-- (for example say something like, if you're interested in the original, contact the seller :)
These decisions are kind of tough and kind of screwey! We'll see what happens! :)
