We wanted to have it open this year. She said no but had decided to rent it. The universe does marvellous things. But as far as comparing our product with others on the market, we still hold a unique niche that nobody else does. Our prices are in line, in fact well under what others charge.
Pricing is a fascinating business.
We got all the catalogues that were offering handmade products and discovered they were mostly made offshore. We were able to look at the prices and figure the mark-ups. We decided to come in just under the offshore prices. We continue to revise designs in order to reduce material costs, and even more importantly reduce labour costs. We have found we can produce a handmade item and make a reasonable living.