072 - Oddmall This Weekend!
Jun. 1st, 2016 07:08 am
I work better under pressure, honest!
Molly has been sick for two solid weeks now, during which time I have been trying to make TWO DOZEN LAMPS for Oddmall in Everett this weekend. So far I have fourteen of them done, with three different lamps sitting on my workbench is various stages of completion My theory is that if I sell these lamps for an average of $40 each, I need to sell five just to recover the cost of my table and then sell six MORE lamps in order to cover the cost of just sitting around for two days waiting for people to buy my lamps, and then whatever I sell above and beyond those ten lamps can go towards figuring how much I actually "earned" by spending an average of ten hours a week and ten dollars a month on making these things, which would be approximately 5 more lamps.
This is where/when I figure out if making these lamps is "worth it".
I need to either sell 15 lamps at $40 each, or raise my prices considerably... and reflecting upon my past "Sales", I don't think I can do that?
The first time I sold my lamps, I did fairly well because I had them severely underpriced - A small one for $10, a large one for $30 and then I traded one for about $20 worth of Disneyland merchandise.
Next show I did, my prices were a bit higher and I sold... two lamps? One for $35, the other I let the guy talk me down to $20.
And then at my first Oddmall, I had my highest prices but I also let one lady absolutely fleece me by buying multiple lamps - three lamps I had marked at $60 each, for $120 total (buy two get one free). I then also sold multiple lamps at discounted prices between $15 and $60 each, but still it was only 7 lamps over the course of the day.
OPTIMISTIC SIDE: I was able to sell 7 lamps in one day last time, this time I have two days and a better grasp of what I'm doing. I only need to make $600 in sales to feel "good" about this and keep going. In theory, that;s just 5 of my "High End" lamps selling!
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Date: 2016-06-01 03:11 pm (UTC)no subject
Date: 2016-06-01 03:14 pm (UTC)