How much should I charge for my rugs?
Quick Answer:
See the detailed answer below.
How much should I charge for my rugs?
Pricing remains the most debated business topic:
Pricing Methods
Using a calculator (Recommended):
- Go to loopi.space/yarn-calc
- Enter your project details
- Simply get an accurate estimation
Material Markup (Beginner)
- Calculate total material cost
- Multiply by 2-3x
- Simple but undervalues time
Square Foot Pricing (Common)
- Range: $50-175 per sq ft
- Depends on complexity
- Easy for customers to understand
Hourly + Materials (Professional)
- Track actual time spent
- Add hourly rate ($25-75)
- Plus materials markup
Factors Affecting Price
- Design complexity - Simple vs detailed
- Size - Larger often priced lower per sq ft
- Materials - Wool commands premium
- Your experience - Build reputation gradually
- Market location - Urban vs rural
Pricing Psychology
- Start lower to build portfolio
- Increase gradually with skill
- Never undersell drastically
- Include all costs (shipping, overhead)
Sample Pricing
- 2x3 ft simple design: $150-300
- 4x6 ft moderate detail: $600-1,200
- Custom portrait work: $1,000+
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