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How much would you pay or think this double knit babys crocheted blanket is worth? - Chanel - 02-17-2014 09:03 PM
Hi,
My grandmother has been knitting and crocheting since she was a teenager, nearly 40 years and recently retired. Due to this, has found a passion for making one of a kind, original baby blankets in her spare time. I wanted to know, your opinion on them and how much you think they are worth or willing to pay for them if you were to purchase a hand made blanket like this?
Here are some pictures of a pink one, its winter here in london and gets very dark so the lighting is dim, but the close up pictures express the colours better.
https://www.facebook.com/media/set/?set=a.10202968306238414.1073741829.1526626967&type=1&l=77a4ea4b5f
Width: 20inches
Length:30inches
All comments appreciated,
Thanks!
- Yumi - 02-17-2014 09:16 PM
The cost of the materials used in the blanket. Adding the quality and time it took to make.
But by looking at it I'd say around $30-50. You want to make your money back from the cost of the materials at least. Without overcharging to the point that no one would consider purchasing it. So main point just charge more than the materials altogether cost you.
- pughatton - 02-17-2014 09:21 PM
A good rule of thumb is 2 to 3 times the cost of your materials. I think finding a market for your grandmother's blankets might also be a problem. But I wish you both luck.
- Miz T - 02-17-2014 09:33 PM
That's a really attractive baby afghan! My compliments to your grandmother.
I have made afghans similar to that one; different color scheme, of course. Personally, I wouldn't sell one for less than £30. However, whether or not someone would pay that amount will depend on the fiber that's used and finding the right place to offer the blankets for sale.
Folksy is the online "shop" that would have similar items. You might want to look there to see what prices are being asked for afghans that are a similar size and fiber. Selling through Folksy would permit keeping more of the sales price than selling through a shop or on consignment, where the shop owner will take 40% to 60% of the sales price. And it's more convenient than selling through craft fairs.
I hesitate to mention street markets, because often the patrons there are looking for bargains, not for art objects (and your grandmother's afghan is definitely an art piece). However, if you have access to a street market that emphasizes art of all sorts (jewelry, clothing, decorative pieces, and so on) and provides a selling outlet for artists, you might look into the cost and rules for joining and give it a go.
In London, she will have access to a number of excellent yarn shops. In the rural areas, I've found some really nice "local" yarn spun from the fleece of "local" sheep. You might be able to find a marketing niche for her work by connecting the dots between local yarn producers, your grandmother's work, and either the tourist trade or the upscale local purchasers who will happily pay for high-quality unique work.