It’s ironic; what makes a creative scrapbooking business unique attractive to entrepreneurs seeking a work-at-home venture is also what makes it so incredibly challenging. After all,Guest Posting there are no definitive “rules” when it comes to pricing your scrapbook creations or determining where and how to advertise your services.
However, there are general business planning techniques you can use as a starting point to give your creative scrapbooking company the best chance of long-term success.
Setting Your Creative Scrapbooking Price Rates
Whether you specialize in wedding scrapbooks, memory scrapbooks, award/honor scrapbooks, or other creative scrapbooking creations, you’ll need to develop a price guideline. Otherwise, it will be difficult to negotiate with clientele.
Determining your creative scrapbooking business price guideline may seem daunting at first blush, but it’s actually not that complicated when broken down into “bite sized” pieces.
Hourly Rates or Standard Price per Scrapbook?
First, you’ll need to determine whether you want to set prices per project or per hour.
One huge advantage to charging per creative scrapbooking project is that consumers are accustomed to paying for products this way. After all, people don’t purchase a pair of shoes based on how long it took a cobbler to make them; they simply look at the price tag or retail value and decide if they feel it’s a worthwhile investment.
That being said, setting a price per creative scrapbooking project may not always be beneficial for you. If you discover you’re spending inordinate amounts of time on each scrapbook you create, your originally quoted price might not match your efforts. (Remember the old adage: Time is Money.)
Essentially, you can expect to experiment with your creative web design agency cost methods at first. Perhaps with some clients, you could offer a “per project” rate, but with others, you might try an hourly approach. There’s no “right or wrong” process–you simply want to find the best one for your creative scrapbooking business.
Remember to Consider “Hidden Costs”
Before “going public” with your scrapbook price structure, make sure you’ve accounted for the many costs (both direct and indirect) associated with owning a creative scrapbooking business. Be certain to include the amount you expect to spend on basic creative scrapbooking supplies such as specialty paper, a scrapbook, adhesives, stickers, markers, and fabrics.
Add into your creative scrapbooking price figures telephone calls, mileage (if you’ll travel for consultations), babysitting costs, and any overhead.