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Pricing Your Work with Andy, Nick, and Steve
Manage episode 398846236 series 3394525
In this episode, we discuss the topic of pricing your work. We share our experiences and insights on adjusting prices for friends and family, lowering prices to sell projects, and using subscription-based pricing models. We also talk about the design software we use and where to find inspiration for your designs.
In this conversation, we discuss pricing strategies and the concept of offering discounts. We share their experiences with pricing our products and services, including how we calculate costs and determine profit margins. We also discuss the importance of valuing your time and ensuring your businesses are profitable. The conversation concludes with a fun game called 'The Price is Wrong,' where the guests guess the prices of different projects. In this part of the conversation, we discuss various pricing scenarios for different woodworking projects. We analyze the pricing of a farmhouse table, an outdoor picnic table, a round table, slate coasters, and a TARDIS bookshelf.
The conversation touches on the value of learning experiences, the importance of considering materials and labor costs, and the potential of subscription-based pricing models. Overall, the episode provides insights and strategies for pricing projects effectively.
I hope you enjoy and share the YouTube video when it is published Friday. Thanks for being a supporter of the podcast.
Follow Us:
Maker Lounge on Instagram: http://www.instagram.com/makerloungepodcast
Matt (Host) with Voeltner Woodworking: http://www.linktree.com/voeltnerwoodworking
Maker Lounge Podcast Website: http://www.makerloungepodcast.com
Andy (Andy Bird Builds):
https://www.youtube.com/@AndyBirdBuilds
Steve Moseley (Making at Home): https://www.instagram.com/makingathome/
Nick Poole (Dylan Custom Carpentry): https://www.instagram.com/dylancustomcarpentry/
Sponsor of today's episode:
This episode is sponsored by SurfPrep Sanding. Thanks to SurfPrep for sponsoring this episode and providing a discount code for the listeners! Go to https://www.surfprepsanding.com?aff=51 and enter the code "MAKERLOUNGE" for 10% off their website! I've been using SurfPrep for a couple of years now and can speak very highly of the product and company.
Join us on Discord* at https://discord.gg/EB9QduHr
*Patreon members get access to ALL Discord threads, freeloaders are welcome to join the General discussion. ;) All are welcome.
Thank you to our patrons!
Rockstar!: Jimmy McAnally, Wimm Design, Calvary Customs LLC, Cleancut Woodworking, Bailey Thompson, Dave Garcia, Broken Lead Woodworks, Dylan Furniture, Shock The Fox, Don Patterson, Corey Davoll
Groupie: Making at Home, J&E Designs, Temecula Yard Designs, Graybeard Woodworking
Season Ticket Holder: 513Woodworks, Andy Bird Builds, David Hopkins, Patriotic Pines of NC, Brad with Brad’s Customs, Meri Faria, Overall Makerworks, Dad Crafted, David Miller, Dennis Stilger, Odes Gish
Support the show
Support the show by visiting our Patreon page at http://www.patreon.com/makerloungepodcast and check out the benefits of being a patron of the show. Thanks for listening and providing a review of the show so others can read the reviews.
54 episodes
Manage episode 398846236 series 3394525
In this episode, we discuss the topic of pricing your work. We share our experiences and insights on adjusting prices for friends and family, lowering prices to sell projects, and using subscription-based pricing models. We also talk about the design software we use and where to find inspiration for your designs.
In this conversation, we discuss pricing strategies and the concept of offering discounts. We share their experiences with pricing our products and services, including how we calculate costs and determine profit margins. We also discuss the importance of valuing your time and ensuring your businesses are profitable. The conversation concludes with a fun game called 'The Price is Wrong,' where the guests guess the prices of different projects. In this part of the conversation, we discuss various pricing scenarios for different woodworking projects. We analyze the pricing of a farmhouse table, an outdoor picnic table, a round table, slate coasters, and a TARDIS bookshelf.
The conversation touches on the value of learning experiences, the importance of considering materials and labor costs, and the potential of subscription-based pricing models. Overall, the episode provides insights and strategies for pricing projects effectively.
I hope you enjoy and share the YouTube video when it is published Friday. Thanks for being a supporter of the podcast.
Follow Us:
Maker Lounge on Instagram: http://www.instagram.com/makerloungepodcast
Matt (Host) with Voeltner Woodworking: http://www.linktree.com/voeltnerwoodworking
Maker Lounge Podcast Website: http://www.makerloungepodcast.com
Andy (Andy Bird Builds):
https://www.youtube.com/@AndyBirdBuilds
Steve Moseley (Making at Home): https://www.instagram.com/makingathome/
Nick Poole (Dylan Custom Carpentry): https://www.instagram.com/dylancustomcarpentry/
Sponsor of today's episode:
This episode is sponsored by SurfPrep Sanding. Thanks to SurfPrep for sponsoring this episode and providing a discount code for the listeners! Go to https://www.surfprepsanding.com?aff=51 and enter the code "MAKERLOUNGE" for 10% off their website! I've been using SurfPrep for a couple of years now and can speak very highly of the product and company.
Join us on Discord* at https://discord.gg/EB9QduHr
*Patreon members get access to ALL Discord threads, freeloaders are welcome to join the General discussion. ;) All are welcome.
Thank you to our patrons!
Rockstar!: Jimmy McAnally, Wimm Design, Calvary Customs LLC, Cleancut Woodworking, Bailey Thompson, Dave Garcia, Broken Lead Woodworks, Dylan Furniture, Shock The Fox, Don Patterson, Corey Davoll
Groupie: Making at Home, J&E Designs, Temecula Yard Designs, Graybeard Woodworking
Season Ticket Holder: 513Woodworks, Andy Bird Builds, David Hopkins, Patriotic Pines of NC, Brad with Brad’s Customs, Meri Faria, Overall Makerworks, Dad Crafted, David Miller, Dennis Stilger, Odes Gish
Support the show
Support the show by visiting our Patreon page at http://www.patreon.com/makerloungepodcast and check out the benefits of being a patron of the show. Thanks for listening and providing a review of the show so others can read the reviews.
54 episodes
All episodes
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