Monday 22 April 2019

Tips for Pricing your Handicrafts for Craft Fair and Shows


Craft fairs and craft shows are the extensive platforms where the artisans get the stage to showcase the best of their artistry in and as Indian Handicrafts. These events are not just the mere source of revenue, but they also help in extending the reach of these artisans and their work.

But as craftsmen, when you put so much in your art, you deserve to get the right value for it too. And hence you need to take considerable steps in getting the best price in exchange for this beautiful artistry intertwined in a handicraft. Now the question arises, how you need price your handicrafts for these craft fairs and craft shows? What all you need to remember while doing so?
Well, let’s take a look at a different aspect of pricing that starts from tagging to selling them. Here it goes:



Label the handicrafts very clearly
When it’s a craft fair, you have to deal with so many customers at one time. Tending everyone is not possible and hence you have to make the price of the product easy for these customers to find. There are so many ways in which you can label your items clearly. Individual tags and small signs are the ideal options to label your Indian handicrafts while selling them in the craft fair

Other than that, you can make a price chart too. You can see many people preparing a chart of the items and the price. But all this labeling is dependent upon the kind of handicraft you’re selling. For instance, if they are big wooden statues, then individual tags are fine but if you’re going to sell the beaded necklaces, then you can go with the chart thing. But make sure, whichever option you are going for your handicrafts, you write it very clearly and even attach the tags before the fair.

Consistent pricing is a must
If you’re having an online website dedicated to selling your Handicrafts online, you have a certain fixed price for these beauties there. You should have the same price as that you have in your online shop. We are not suggesting you to the pricing techniques or formulas to determine the real price for it that is your individual decision. But one thing you need to ensure is that you should always have consistency across all your business extended platforms including the craft fair. 

If a customer after buying the thing at higher prices looks for your website and found the same handmade gifts at a much lower price, he or she will feel no less than betrayal. You don’t have to overprice it, nor have you to undercut the prices to what you have at your online shop. You can obviously give the benefit of discount to customers buying multiple items from your Indian handicrafts, but for individual purchases, make sure you go with price uniformity across the board.

Specials” will make it special
Craft fairs and craft shows are quite extensive and hence you will totally be fine even when you offer “special deal” on your handicrafts. “A gift with the purchase amount to something”, “buy 2 and get 1 free” are some common ways to encourage the sales.
So make sure you can offer your customer something special other than the magic you already have crafted in those amazing Handicrafts.


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