How many hours did you spend creating this product from start to finish?
⏰ Include ALL time spent: designing, crafting, finishing touches, and quality checks. Don't undervalue your time!
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Value Your Skill
What should you charge per hour for your skilled craftsmanship?
💡 Fair hourly rates for artisans in India typically range from ₹150-500 depending on skill level and craft complexity. Consider your expertise, training, and the uniqueness of your craft. Remember: skilled craftsmanship deserves fair compensation!
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Business Expenses
What are your overhead costs for running your craft business?
📋 Include: Marketing & advertising costs, product photography, website/online store fees, packaging materials, electricity & workspace rent, tools & equipment maintenance, social media promotions. These hidden costs add up!
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Material Costs
How much did you spend on raw materials to create this product?
🧵 Include all materials used: primary materials (fabric, wood, clay, metal, etc.), decorative elements (beads, stones, embellishments), adhesives & finishes (glue, varnish, polish), and any other consumables. Account for everything that went into making your product!
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Your Profit Goal
What profit margin do you want to earn on this product?
💼 Healthy profit margins for handcrafted products typically range between 25-50%. This gives you room for business growth, reinvestment in your craft, and savings. Lower margins (15-25%) work for high-volume items, while premium unique pieces can command 40-60% margins.
⚠️ Warning: A profit margin above 60% may result in a price higher than what customers are willing to pay.
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The fair price for your product is
₹0
This is what your handcraft is truly worth!
Cost Breakdown
Labour Cost:₹0
Overhead Charges:₹0
Raw Materials:₹0
Total Cost:₹0
Important Notes
Price can be adjusted lower if you are launching a new product or running a sale