Full Version: How much?
From: Cody (BOBTNAILER) [#3]
25 Oct 2006
To: Bill (ALBILLBERT2000) [#2] 25 Oct 2006
Bill,
Your points are well-taken, sir. I know what I have to charge for this trophy, but I'm just curious as to what our forum friends would charge for a similar trophy.
Cody
From: Toni (TONI56) [#4]
26 Oct 2006
To: Cody (BOBTNAILER) [#3] 26 Oct 2006
Cody, I may not be in the same ballpark as everybody else. I do not price a triple column trophy for less than 3.5 times my cost on parts. Triple column trophies are more labor intensive & many times require an extra set of hands. My ballpark for a small number is $80-$100 each. I don't come off this price unless I am doing a volume of trophies for the customers event.
This is not a trophy that is quick to cut & assemble. Typically your taking extra time with this customer & they have some starry-eyed vision of what they want to personalize it for their event. They start off asking for a 5 foot trophy & by the time you make it, it is 3-4 feet tall.
From: gt350ed [#5]
26 Oct 2006
To: Cody (BOBTNAILER) [#1] 26 Oct 2006
In consideration of this kind of volume, our 36" trophy price has been negotiated @ $55 per. We review the pricing annually. This is year-end. We'll probably attempt getting to about $62.50.
Hope this helps.
From: joyce (JLADY) [#6]
26 Oct 2006
To: Cody (BOBTNAILER) [#1] 26 Oct 2006
From: PenMan [#7]
26 Oct 2006
To: Toni (TONI56) [#4] 26 Oct 2006
From: BrianC (INKSQUIRTER) [#8]
26 Oct 2006
To: PenMan [#7] 26 Oct 2006
From: PenMan [#9]
26 Oct 2006
To: BrianC (INKSQUIRTER) [#8] 27 Oct 2006
From: gt350ed [#10]
26 Oct 2006
To: PenMan [#9] 26 Oct 2006
I use a couple of 3/4-1 in. thick x 2 in. x 12 in. oak scrap pieces for fences left and right. Then I clamp a stop block for the dimension for multiple columns of the same length, etc.
The newer chopsaws may come with a fence/stop block set-up.
From: gt350ed [#11]
26 Oct 2006
To: PenMan [#7] 26 Oct 2006
From: Cody (BOBTNAILER) [#12]
26 Oct 2006
To: joyce (JLADY) [#6] 30 Oct 2006
Joyce,
We're right in line with your pricing...we ended up at $80. I know what we need to make on these, but I wanted to see where other folks were.
Incidently, we do very few of the smaller trophies (under 24"). Nearly every trophy we do is at least 24" tall, and has 3 or 4 columns. They are definitely more time-consuming, but we charge for that extra time (and all the extra hardware!).
Cody
From: PenMan [#13]
26 Oct 2006
To: gt350ed [#11] 27 Oct 2006
From: Bill (ALBILLBERT2000) [#14]
26 Oct 2006
To: Cody (BOBTNAILER) [#12] 27 Oct 2006
From: Stunt Engraver (DGL) [#15]
26 Oct 2006
To: PenMan [#13] 27 Oct 2006
I didn't see your question as a hijack.
The discussion is regarding pricing, with the labor involved in the creation of the award, being a prime component. (no pun intended, this time.)
From: Cody (BOBTNAILER) [#16]
27 Oct 2006
To: Bill (ALBILLBERT2000) [#14] 28 Oct 2006
Bill,
How we price them depends largely on who the customer is. We tend to cater to schools more than any other type of customer, and give them better pricing than we do to anyone else.
For them, we do 2x material cost, plus $60/hr assembly time. On these trophies, I figure 20 to 30 minutes each (including cutting columns and engraving the plate). That's a pretty generous amount of time. If I'm only doing a single trophy, that's about how long it takes. Doing multiples cuts the time way down, since I can do them in stages....just makes it easier.
I've never done large trophies for anyone but schools, but we would most likely charge 2.5x material, along with the same labor calcs.
Cody
From: Bill (ALBILLBERT2000) [#17]
28 Oct 2006
To: Cody (BOBTNAILER) [#16] 30 Oct 2006
Thanks I wasnt saying you were right or wrong.. fact I think you are inline with the prices I do.. seems like same price just different way to get there.. i am going to look at it again on monday.. I am out of town.. now..
Thanks
Bill
From: LaZerDude (C_BURKE) [#18]
2 Nov 2006
To: Bill (ALBILLBERT2000) [#2] 2 Nov 2006
:'-(
I can only WISH I could add 10% for shipping.......even using Priority Mail my shipping cost is OVER 100% ....... :'-(
From: LaZerDude (C_BURKE) [#19]
2 Nov 2006
To: Cody (BOBTNAILER) [#1] 9 Jan 2007
Cody,
Nice job. I posted an article from a marketing news letter I get, regarding pricing in the general folder......take a look at it.......I have come to the conclusion that one must price their products and services with regard to profit and profit alone.
This leaves quality, convenience, professionalism...and SERVICE as our only real means of competion....
Regardless, if *I* had to price the trophy you made, it would by necessity be well over $100.00.
From: Bill (ALBILLBERT2000) [#20]
2 Nov 2006
To: LaZerDude (C_BURKE) [#19] 2 Nov 2006