Bob and I have a favorite Aunt in Wisconsin. She's only twelve years older than I, and she's a great gal. We were talked on the phone last night for about an hour, and I told her about the commissioned quilt I was working on. She wanted to know how much I charged for a queen size quilt. I told her that my quilts are simple, she laughed, and that I charge $520.00 for a queen size. She flat out told me that I wasn't charging enough.
This is always a quilters dilemma, what to charge and still be fair to myself and my customer. I've tried different methods since I started selling my quilts. I finally settled on a simple formula that seems fair.
The above chart list what another blogger thinks a 72" x 72" finished quilt is worth. It's just an example of how other's think.
We all know quilting fabric is expensive. I try to take that into consideration. Another consideration, for me, is I use a professional long-arm quilter, so I build her fee into the price. My third consideration is my time is worth something. I make quilts as an artistic outlet and as my hobby, part of my reward is the process.
Using the above example of a 72" x 72" finished quilt, this is how I arrive at a quilts final price. It's an easy formula.
72 + 72 = 144. 144 x 3 = 432. I'd charge $432.00 for that quilt. 1/3 would cover the fabric, 1/3 would cover the quilting service and the balance would be for me.
There's a big difference between $432.00 and $l,421.34. I'm very comfortable with my charges. I was looking at some quilts on etsy, after seeing them on pinterest. I'm amazed at the sellers who basically only charge for the fabric and batting. They don't value themselves enough to charge for the time they spent sewing and quilting their products.
How about you. Do you sell your quilts? How do you determine the price?
May your bobbins always be full,