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Pricing help again please, sock kit
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How much would you hypothetically pay for this?
�13.50 and not a penny more
21%
 21%  [ 3 ]
�16.00
35%
 35%  [ 5 ]
�18.00
7%
 7%  [ 1 ]
�20.00
28%
 28%  [ 4 ]
�other suggested below
7%
 7%  [ 1 ]
Total Votes : 14

Author 
 Message
sally_in_wales
Downsizer Moderator


Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:34 pm    Post subject: Pricing help again please, sock kit Reply with quote
    

Just developing a sock kit for the smallholders show. You get a choice of wool in roughly 200g skeins like this (enough for two pairs of socks)

a set of handmade walnut double pointed knitting needles and a pattern, end result looks something like this.

Was thinking of �10 a skein for the wool (100% wool, superwash, aran weight in hand dyed shades 200g approx), but how much for a kit? Does �13.50 sound reasonable given that it makes 2 pairs of adult chunky slipper socks?

Last edited by sally_in_wales on Mon Apr 23, 07 5:48 pm; edited 1 time in total

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 5:37 pm    Post subject: Reply with quote
    

Stop guessing and work out yer hours woman!

It's about 11 quid for a kit that gives 100g Opal and bog standard bamboo dpns. Yours has enough for 2 pairs! Hand dyed! Handmade needles! �13.50 is not enough.

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:42 pm    Post subject: Reply with quote
    

This one is hard though, the wool came ready skeined, so I just had to dye it in that 'hang it in the pot and go and do something else' way, the needles are batch made and we normally charge about �3.50 a set, and the pattern is a very basic beginners one that I tweaked for this yarn. I want it to be cheap enough to tempt lots of sales (I have about 35 skeins of the stuff!) I normally charge �2.50 for 50g of chemically dyed pure wool yarn, so �10 per hank is sort of right except this was hand dyed whearas my normal range that I sell to the re-enactors is bought in dyed and rehanked for them. Just trying to find the hapy medium between that and the 'sell lots' mark

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:43 pm    Post subject: Reply with quote
    

Stacey wrote:

It's about 11 quid for a kit that gives 100g Opal and bog standard bamboo dpns. Yours has enough for 2 pairs! Hand dyed! Handmade needles! �13.50 is not enough.

Ok, thats useful, maybe �16 -�18 would be better?

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 5:45 pm    Post subject: Reply with quote
    

This one is �16 for 100g of wool similar to yours

https://curiousyarns.co.uk/sock_kits.html

There's happy medium and there's working yourself into the ground for jack. Sally, there's no 'just' about what you do. Your time and skills are worth charging properly for.

Last edited by Stacey on Mon Apr 23, 07 5:47 pm; edited 1 time in total

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 5:46 pm    Post subject: Reply with quote
    

sally_in_wales wrote:
Stacey wrote:

It's about 11 quid for a kit that gives 100g Opal and bog standard bamboo dpns. Yours has enough for 2 pairs! Hand dyed! Handmade needles! �13.50 is not enough.

Ok, thats useful, maybe �16 -�18 would be better?


For 100g but then you'd have to reskein it I guess.

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:49 pm    Post subject: Reply with quote
    

ok, turned into a poll for a broader idea of what might work

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:50 pm    Post subject: Reply with quote
    

Stacey wrote:
you'd have to reskein it I guess.


I wondered about that, I know reskeining makes it look much funkier but the added time adds cost, and I really want these to be 'must have' show buys

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 5:52 pm    Post subject: Reply with quote
    

sally_in_wales wrote:
Stacey wrote:
you'd have to reskein it I guess.


I wondered about that, I know reskeining makes it look much funkier but the added time adds cost, and I really want these to be 'must have' show buys


I didn't mean for the colours , I meant that you'd have to reskein to get 100g - the colours look lovely as they are. I wonder if people would want 2 pairs of socks in the same colourway.

Personally I don't think price has too much influence over what makes a 'must buy' at shows. If you sell it too cheap people will wonder what's wrong with it. It's hand dyed, hand made needles, made in wales etc etc - being sold by a striking looking couple.

Last edited by Stacey on Mon Apr 23, 07 5:55 pm; edited 1 time in total

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:54 pm    Post subject: Reply with quote
    

Stacey wrote:
I wonder if people would want 2 pairs of socks in the same colourway.


Was going to pitch it as 'his n hers' knitting, is that too corney?

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 5:56 pm    Post subject: Reply with quote
    

sally_in_wales wrote:
Stacey wrote:
I wonder if people would want 2 pairs of socks in the same colourway.


Was going to pitch it as 'his n hers' knitting, is that too corney?


I don't think so - I think that would be a good selling point.

 
sally_in_wales
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Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Mon Apr 23, 07 5:59 pm    Post subject: Reply with quote
    

Took me one gentle evening to knit the sock, so I'm hoping it will appeal to relatively novice knitters who like the idea of doing socks for the family. The pattern is basic and simple to follow, so I was going to set it out as a 'fun socks for your loved ones' package and really push the 'socks make great presents' aspect.

 
Stacey



Joined: 18 Jul 2005
Posts: 8380
Location: Kernow
PostPosted: Mon Apr 23, 07 6:29 pm    Post subject: Reply with quote
    

As long as you don't miss out the fact that it's a luxury kit for beginners. Most beginners start on a ball of acrylic and some metal needles. I can't come up with a price and I think what's throwing me is the fact that it's 200g of (very pretty) yarn.

You need some input from the coven.... errr... sockmakers - where are they all?

 
Penny Outskirts



Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....
PostPosted: Mon Apr 23, 07 6:45 pm    Post subject: Reply with quote
    

Silly question probably, but thinking presents and thinking women and thinking men. (I mean normal people, not us obviously) Women would probably like to knit socks for the men in their lives, most standard men won't wear pink/blue/yellow socks. So do you do browns and greys and creams etc?.

Also, If I were going to knit a first sock, I would probably want to knit a longer one, so could you scale a kit to do one pair of longer boot socks or two pairs of short socks? Perhaps just adapt the pattern a bit?

Hope that helps.

From a price point of view as a buyer, I would think..how much would I pay for a pair of handmade socks? �5.00 or �6.00? So if I'm buying the kit, I would probably not want to pay more than that, as I'm supplying the labour. I know it's Sally's time, but we all know how wonderful her stuff is, the average punter will just look at price. I think �13.50 is maybe what a punter would pay, but it's still a lot for an impulse purchase.

 
MarkS



Joined: 01 Aug 2006
Posts: 2626

PostPosted: Mon Apr 23, 07 7:48 pm    Post subject: Reply with quote
    

Stacey wrote:
Stop guessing and work out yer hours woman!

It's about 11 quid for a kit that gives 100g Opal and bog standard bamboo dpns. Yours has enough for 2 pairs! Hand dyed! Handmade needles! �13.50 is not enough.



The marketing & business courses going well then ?



My oh says that steiner somethings sell kits for children at exorbitant prices - although they are 'beautiful'.

Apparently

 
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