When we went to Michael's to find more stuffing for Teri's mogo I just had to look at the price of the yarn. I did show great restraint and did not bring any more home. After surfing through various shops it leaves me a little perplexed as to how someone can offer items for sale in their shops for less than it would cost me to buy the yarn.
Teri and I had a discussion on economics on the way home. We debated if the average crafter values their time, yes I know that I will never make minimum wage selling handmade items, but is it necessary to sell at a loss to have sales? As a stay at home mom I know that I am worth a lot of money for the work that I do that is unpaid, it is just part of the job and making the world a better place. On the other hand as a small business owner I know that I can not stay in business if I sell things for less then they cost to make. I also have to include overhead expenses and I would like to make a little money to help Teri out with grad school expenses. There are plenty of places to buy cheap, but if you want locally handmade it is going to cost more, I can't compete with Walmart, Target, Kohl's or the local dollar store.
Please leave your comments on this, I want to know if I am the only one who feels this way.
