Comments on: Raising Your Prices: A Lesson for Breaking the News

By: Tiffany

Mon, 04 Jun 2012 02:17:01 +0000

Alyson,
Thanks for sharing this article. And Grace, thanks for the link to Marie’s website. I’ve learned so much from both Alyson and Marie, and I am so grateful. 🙂

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By: 12 Tips for Pricing Your Art — Art Biz Blog

Sun, 13 May 2012 21:24:12 +0000

[…] Works made from higher-priced materials have a bigger price tag on […]

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By: Grace

Thu, 15 Dec 2011 02:17:54 +0000

To be successful after raising your prices requires great sacrifices and efforts in your part. I agree with your post and have been applying what you wrote ever since I began my business. It’s a bit hard but the satisfaction that you get when you have done all your best to make the best business strategies is worth the effort. Here’s something I want to share with regards to price raising: http://marieforleo.com/2011/12/should-you-raise-prices/

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By: David Lloyd Stewart

Mon, 24 Oct 2011 15:23:00 +0000

Being a jeweler, my price rises are more noticeable than other media, but most people understand the reasons. Honestly, for those of you working in other media, I really don’t think your customers will even notice! Everything is going up. But unless you have customers who buy the same thing from you on a regular basis, they probably won’t even KNOW you’ve raised your prices. Rising prices are, unfortunately, a given in today’s economy. I don’t think it is incumbent upon you to even notify customers of an impending rise. The only reason I can see to do so, would be to urge “fence sitters” to make a move before the increase.

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By: Patricia C Vener

Thu, 17 Feb 2011 07:54:37 +0000

I’ve decided not to raise my prices yet. I don’t have droves of people buying my work yet and I’m not sure that raising my prices would encourage sales. The point of the original post, however, wasn’t whether or not to raise prices, but how to effectively justify it to one’s clients. And given the automatic human response to raising prices of anything, this may actually be necessary no matter the circumstances.

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By: caruso

Thu, 17 Feb 2011 07:30:26 +0000

In reply to Jennifer Ressmann.

totally agree. pick a date. mine is jan 1, been doing it that ways for years. people expect it.

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By: Jennifer Ressmann

Tue, 15 Feb 2011 23:45:28 +0000

Very clever – love it! Maybe a fun graph about the rising cost of shipping/gas. Or cotton?
I think raising your prices every year is just good business. It doesn’t have to be huge, but keep up with the cost of living as much as you can.

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By: sandhya

Mon, 14 Feb 2011 22:34:04 +0000

In reply to Giesla.

I had the exact same problem of under pricing my Art..in fact Alyson had sent me a mail about that and yet another seasoned Artist mentioned that to me so I decided to increase my price…however I din’t want it to be a sudden change and so I was sending out my first Newsletter this Jan….I mentioned that my etsy shop which I opened 5 months ago was receiving a great response and that I was in the process of reworking my price. And they could expect a rise in price of my artworks from Jan 20th.
However I din’t give any discounts…I think that would have been a great sales pitch…

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By: Kathy

Mon, 14 Feb 2011 01:57:36 +0000

I have done a similar approach. On January 1, 2010, I raised my prices on my silver jewelry by a couple to a few dollars a piece (they are silver charms). I had one customer complain to me that she was going to buy one, but didn’t want to pay the additional $2 now for the piece. Seriously.
As 2010 was coming to a close, and I realized I needed to raise prices again, I took the proactive approach. I let my customer list know that the price of silver was up significantly (with a link to a similar chart as shown above) and let them know, without uncertainty, the prices would be going up January 1, 2011. A few more bought than usual. I don’t regret “sharing” one bit, and I think the customers appreciated my forthright email.

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By: Brad Sears

Sat, 12 Feb 2011 14:00:42 +0000

In reply to Casey Craig.

Thanks, Casey. Appreciate your feedback. With all the variables associated with the web, I like to know when there are problems and jump on them right away.

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