Welcome to KCH Laser - Your Source for Quality Laser-Cut Craft Kits
Need Help Pricing Your Crafts?
Setting the right price for your products can be one of the most challenging aspects of starting a business. Pricing can seem complex and overwhelming, almost like guessing blindly.
We are here to simplify the process for you.
With our craft pricing calculator , you can easily determine how much to charge for your crafts and understand your potential profit. Here's how it works:
- Enter the total cost of your supplies. You can be as precise as you like, down to the penny.
- Enter the time spent on creating the item. If it took 30 minutes, enter 0.5 hours.
- Enter your desired hourly wage. As a reference, the minimum wage in Kentucky is $7.25 per hour.
- Enter your desired profit margin. Retail mark-ups are typically around 50%, while wholesale mark-ups are around 20%.
After you fill in these details, click "calculate selling price", it will show you the cost, suggested retail price, and your potential profit per item.
Make sure to bookmark this page for easy access and share it with friends who might find it useful.
Craft Pricing Calculator
Cost of Materials: $0.00
Cost of Time: $0.00
Total Cost: $0.00
Suggested Selling Price: $0.00