How much!?

[Mountain Goat]

surely it makes more sense to keep your £95 in your pocket and spend it on something worthwhile... or am I just different?

[jpgrilo]

On etsy they have a tutorial where give an example how a maker should create a price for an item. The formulas is something like this

To calculate the price of an item, you start from calculating the wholesale price

Materials + Labor + Expenses + Profit = Wholesale price.

The retail price should be = 2x Wholesale.

To using the example of the Mora sheath. If you spend 2 hours at a rate of £15 per hour and another 5£ on leather and other materials the wholesale price is 35£ but the price that should be sold to the end client is 70£ ?!?!?!?

For me, the most difficult in the leatherworking business is defining the price, because i know that normally this equation adequate to the item but i also now as a client it tends to be too high and most of the client cannot afford it.

[snowleopard]

Cheap wallets are alright, after all they just need to be secure, but 94 quid for that wallet, never!!