If you sell to shops as well as directly to customers, figure out a wholesale price that's fair to you and a retail (MSRP) price that keeps your direct sales from undercutting your retail partners.
Materials, labor, packaging, and fees โ everything it costs you to make one.
Standard "keystone" wholesale is 2ร your cost. Handmade goods with high labor time often need more.
Standard keystone retail is 2ร the wholesale price โ about 4ร your cost overall. Shops set this, but it's worth knowing.
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