Trad Gang

Main Boards => The Bowyer's Bench => Topic started by: Mike L. on August 23, 2021, 01:38:11 PM

Title: How do you figure out pricing?
Post by: Mike L. on August 23, 2021, 01:38:11 PM
I’ve made quite a few bows now, and although I haven’t advertised or tried to sell any of them yet, I’ve had a lot of people ask about it.  I made one for an old high school buddy and sold it to him at cost, and I sold one of my first ones for a couple hundred bucks, a loss, cause a work buddy wanted to buy it for his son.  But I think I will eventually want to turn a profit, and I’m wondering how do you guys figure out how much to charge so that it’s fair but you get something for your time and effort?
Title: Re: How do you figure out pricing?
Post by: Flem on August 23, 2021, 02:01:18 PM
Forget time and effort, it's what the market will bear. You will not likely get an amount which would correspond to hours put into it, unless of course you are REALLY FAST and efficient. If you have a following or name recognition, you make more. If you are doing the same thing everybody else is and nobody knows you, then you better lowball.
Check to see what other bowyers who are making the same style are getting for their bows and go from there.
Title: Re: How do you figure out pricing?
Post by: Mike L. on August 23, 2021, 02:19:23 PM
I hear ya.  I’m not doing anything unique, I don’t think, but I’ve got a guy at work that wants one, and I came up with a price list of $355.  He wants to know what it will cost for me to make it.  I don’t really care about generating a source of income  from it, necessarily, and when people ask how long one takes, I honestly couldn’t say, cause I’m not paying attention to time in the shop, all I know is there’s never enough of it and I need it to stay sane. 
Title: Re: How do you figure out pricing?
Post by: mmattockx on August 23, 2021, 02:39:28 PM
Forget time and effort, it's what the market will bear.

 :thumbsup:

Here's a man who understands how markets work.


Mark
Title: Re: How do you figure out pricing?
Post by: kennym on August 23, 2021, 03:04:43 PM
It’s not really his biz what it costs you to make it. You have to figure time, blades, sandpaper, finish and a lot of other stuff so I’d tell him it costs $355 if that’s what you priced it to him for .

Which is cheap for a custom , check some base model prices and go from there . You won’t be able to price like Widow for example for awhile but don’t sell yourself short either .
Title: Re: How do you figure out pricing?
Post by: wood carver 2 on August 23, 2021, 04:21:15 PM
I have the same problem with my wood carvings. I agree with what Kenny said. Your cost is nobody’s business but yours. When someone buys a bow from you they’re paying for the materials, your overhead and your experience. I find that most people seem to think that just because you built it at home and not in some factory, it should cost practically nothing. These days I give the person my price. If they complain, I tell them to make it themselves. I’ve got no patience for crap and I don’t rely on my woodworking to earn a living, I do it for my own pleasure and to make things for my friends and family.
Dave.
Title: Re: How do you figure out pricing?
Post by: OldRawhide42 on August 23, 2021, 09:40:11 PM
I told the last guy $ 20000 . And I would only be getting about $ 1 per hour for my time.
Title: Re: How do you figure out pricing?
Post by: KenH on August 23, 2021, 10:38:14 PM
None of his business what it costs to make.  But since he asks, tell him materials is $150 and $20 x minimum 10 hours in the shop, plus lights and other 'overhead' is another $50 comes to $400 "but I'll let you have it for $360.

Overhead includes quart cans of EA-40, lots of sandpaper and belts, saw blades, and "keepin' Momma happy"!
Title: Re: How do you figure out pricing?
Post by: Flem on August 23, 2021, 11:21:31 PM
Jeez, you guys are harsh :nono: Yeah I know, thats rich coming from me.
 His friend at work might be asking because he wants to make sure Mike does not sell himself short. Conversely he could be a cheap S.O.B.  Only Mike knows. ;)
Title: Re: How do you figure out pricing?
Post by: Roy from Pa on August 24, 2021, 04:56:49 AM
I sold a few at first very cheap for friends.
Then the word spread and I had 6 guys wanting a bow one fall.
My hobby turned into a job and it wasn't fun anymore.

I didn't have time to make myself a bow for 3 years.
That's when I stopped selling bows.

The choice is yours on what to charge.

But charge enough to cover your materials and time and some profits.

And then you have liability insurance to worry about if one of your bows break and someone gets hurt!
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 08:41:24 AM
When I sold my first selfbow I priced it at $150, this was 20 years ago, I kept that price for 5 or 6 years but like Roy I had too many requests for bows.

I changed my price to $300, if they wanted snake skins I charged the actual price of the skin and $50 to put them on.

The is a lot more work in a selfbow than a glass bow, I cut the tree and started from there. In spite of all the work I never changed my price structure even though I could have as my bows became more desirable. At my peak I was making 15 bows a year and turning down 12 people a month who wanted my bows.

All the logging, drawknifing and inhaling osage dust takes a toll on your body over time so I finally decided to donate a bow or two a year to charity and let it go at that. I might make one or two bows a year now.

Having seen a bunch of guys selling bows that were of dubious quality I would access the overall fit, finish and performance of your bows honestly and set the price accordingly. Your stated price sounds about right to me for a beginning bowyer.
Title: Re: How do you figure out pricing?
Post by: Flem on August 24, 2021, 10:32:05 AM
"The is a lot more work in a selfbow than a glass bow"

Thats a broad and situationally inaccurate statement. Possibly more skill, but not a "lot more work"
Some glass bowyers actually harvest their own products, make their own laminates, spend many hours milling wood, additional hours shaping wood and glass and finally many hours prepping for finish, finishing and rubbing out.
Having made numerous self bows and glass bows, I can state from my own perspective, a glass bow is more work, but easier to get a salable product from than a self bow.
Title: Re: How do you figure out pricing?
Post by: Roy from Pa on August 24, 2021, 10:36:35 AM
Ah bullcrap Flemmy Boy:)
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 11:22:37 AM
I agree Roy, I have never heard such nonsense

Here you go Flem, done this lately for a glass bow? The tractor is a new convenience, the logs shown are the only ones I ever hauled out with it, everything else came out of the woods end over end or on my shoulders. The osage trees I could drive up to were few and far between.

I have gathered around 300 staves and made 158 bows out of them so far, am done with osage harvesting, I have 2 lifetimes worth stockpiled.

Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 11:36:01 AM
And then you have to remove the bark, sapwood and chase a rig on every stave, I have spent up to 8 hours chasing a problematical ring on a rock hard piece of osage.

Then there is curing, layout, heat straightening and untwisting( I always have to heat straighten) that may take a day or more, often a lot more for all the sessions.

And finally you get to tiller, this usually takes me a week of shooting, tweaking, shooting and more tweaking before I feel the bow is shot in and ready to have the finish applied, this takes a few more days to apply all the coats and let them dry.

I don't just make a bow, I make one someone can win big tournaments with, this process is labor intensive.
Title: Re: How do you figure out pricing?
Post by: Flem on August 24, 2021, 11:51:38 AM
"Here you go Flem, done this lately for a glass bow?"

How about all the time. No tractor. Humped out of the forest on a hiking trail.
 [ You are not allowed to view attachments ]

Eric, have you ever made a glass bow?
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 12:00:41 PM
Nope, but one of my best friends is a very accomplished glass bowyer, we have talked about the difference in labor expenditure, he agrees he is taking the easy way out, he cuts his own lams as well from osage stock he buys.

I work exclusively with osage, I cut hickory for my students to learn on.

Ever cut any osage?

Do you turn that yew into lams?
Title: Re: How do you figure out pricing?
Post by: Flem on August 24, 2021, 12:16:40 PM
I only turn Yew into lams if its no good for self bows. And I disagree with you and you accomplished friend. And I'm willing to leave it at that.
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 12:31:35 PM
Like I said osage is a different animal, if you cut it you would change your perspective on the work expenditure.

Back years ago I went osage cutting and gathering crazy, this was my back yard at the time and when I learned not to cut more osage than you could handle in a reasonable length of time. i worked for a month pealing this stuff with a draw knife and only got through half of it, my hands looked like swollen sausages from all the drawknifing. What I didn't get to ( I was working full time at the power plant) sat in the sun twisted like pretzels and ruined. Only part of the osage in my back yard is showing in the picture.


I took this gag picture titled "you swing the sledge splitting osage until you pass out, when you come to, resume the splitting".

Back then I split every log with a sledge and wedges, it wasn't unusual to wale away on a log for over an hour making that first split, subsequent splits went better, a log that split easily and cleanly was a rarity. later I wised up and made that first split with a chainsaw.

Title: Re: How do you figure out pricing?
Post by: Roy from Pa on August 24, 2021, 12:43:03 PM
Yup Eric, a pile of Osage would put a hurting on an old Montana boy:)

Yew wood is light as a feather to carry out:)

 [ You are not allowed to view attachments ]
Title: Re: How do you figure out pricing?
Post by: Flem on August 24, 2021, 01:03:18 PM
That Osage must have some narcotic effect on you guys, you are with obsessed with it to the point of self abuse :biglaugh:

This has given me some ideas though. Like we should have a Bowyers Olympics! Think about all the fun events. The log hump with increasing weight and distance. The duel; who ever could craft a bow, string and arrows and shoot their competitor the fastest. Etc,etc Eddless possibilities
Title: Re: How do you figure out pricing?
Post by: Roy from Pa on August 24, 2021, 01:06:01 PM
All that smoke is getting to ya, HUH?

 :laughing:
Title: Re: How do you figure out pricing?
Post by: kennym on August 24, 2021, 05:17:10 PM
So Mike, I guess we ain't much help huh?  :wavey:
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on August 24, 2021, 07:33:36 PM
When I got my first notion to make a bow I didn't know what this "osage" stuff the bow building books of the time (mid 90s) were talking about. I lived in Muscle Shoals Alabama so I drove around looking for those green balls on the ground, dang, the stuff was everywhere. I didn't know bow worthy osage from the other stuff but I quickly learned. When you find a good tree it is like finding gold, it does have magical properties that draw one in and makes you a bit crazy, it is like an addiction that has to be fed.
Title: Re: How do you figure out pricing?
Post by: Mike L. on August 29, 2021, 05:02:35 PM
On the contrary, Kenny, y’all gave me all kinds of ideas.  If he complains about the price, I’ll ask him if he has any idea how hard it was to split all this Osage, and if he asks what happened to the walnut bow we were planning I’ll backhand him and walk away. 

He didn’t ask for the cost list, I just totaled it up; I did that with the other guy too, cause he wanted a trad bow but money was tight.

I got the impression he was worried about short changing me, and I’m worried he’ll be surprised at how much it costs. Cost never put me off a bow I wanted, though, and the one he took to his son’s archery camp was a big hit.  The instructor shot it and was impressed with it, which was a good feeling, cause I thought it felt pretty good, but it’s nice to have someone else verify it. 

Incidentally, is that a serious risk, being sued if it breaks?  I don’t think it would happen, but would you guys recommend having an attorney write up some kind of liability agreement?  Maybe not this one but if I start selling to strangers?  Stranger danger clause.  lol
Title: Re: How do you figure out pricing?
Post by: Mad Max on August 29, 2021, 07:52:01 PM
Just tell  them you get 500.00 all the time online + shipping.
Title: Re: How do you figure out pricing?
Post by: Bowjunkie on September 01, 2021, 09:40:13 AM
I agree with Flem, I've cut many trees, some very large, split, humped em out, sawed, seasoned, resawed, and ground them for glass bow lams and risers. It can be every bit as much work as cutting wood for selfbows... more even.

I can't say which is easier to put up, selfbow wood or glass bow wood because it depends a lot more on the tree and location than what type of bow it will be used for. Selfbow and backing wood can be 'easy' if it has easy access, a tractor loads it onto my trailer, and my buddy's skid loader unloads it onto his sawmill, he cuts it up, then loads it back onto my trailer. There's been a few times putting up selfbow wood has been super easy, relatively speaking... not that I'm either complaining or ungrateful because I've really busted my butt plenty of times getting wood home and put up.

Sure, buying ground lams and riser wood from a supplier and assembling a glass bow is 'easier', but not if you do every bit of the tree cutting and seasoning yourself, by hand. I know others who do it too. I've checked the man hours in various types of bows when I do all the work myself(except making fiberglass) and there can be practically no time difference between selfbows and glass bows. Actually, it depends more on each bow as an individual.

Heck, plenty of times when I bring a big osage, mulberry, ironwood, cherry, etc tree home, it ends up being used in a wide variety of bow types... selfbows, backed bows, glass/wood lam bows, etc... all from the same log.

A couple weeks ago I brought that giant mulberry log home, that was a rough one. That one hurt.

Just yesterday I looked at a big triple trunk black cherry tree that blew down at my mother's place. There's glass bows in it, and some trilam material... it's going to be a ton of work too, but I don't mind. I like black cherry under clear glass. An underrated wood imo. I'll get going on that thing as soon as it quits raining and dries up a little.

People have no idea what some of us go through or spend to have good, seasoned bow wood to work with... regardless of the kind of bows that result. I wouldn't answer a question like "how much does the material cost?".
Title: Re: How do you figure out pricing?
Post by: Roy from Pa on September 02, 2021, 11:06:18 AM
Quote
From Bowjunkie-I agree with Flem

Well that's your first mistake:)

 :laughing: :laughing: :laughing: :wavey:
Title: Re: How do you figure out pricing?
Post by: Flem on September 03, 2021, 09:16:20 AM
Quote
From Bowjunkie-I agree with Flem

Well that's your first mistake:)

 :laughing: :laughing: :laughing: :wavey:

Hey, at least somebody here has some cojones :laugh:
Title: Re: How do you figure out pricing?
Post by: Bowjunkie on September 03, 2021, 12:34:36 PM
I've made plenty of mistakes pal.

I started cutting that cherry tree yesterday. Cut right into a nest of pine squirrels in a hollow spot in a big branch. Cut one squirrel in half, and his two siblings hit the ground and crawled away. They seemed about 3/4 grown and uninjured from what I could tell. What a way to go. I felt bad. I hope the other two make it ok.
Title: Re: How do you figure out pricing?
Post by: Eric Krewson on September 04, 2021, 09:17:58 AM
The biggest lesson I learned from cutting down trees is never to invest a second in one that has been hit by lightning. My neighbor had one with the top blown out of it by lightning, the log looked great so I salvaged it for gun stock planks.

A friend with a sawmill graciously cut it up for me.



It looked like great stuff.



It was hot day so I watered the slabs down and covered them with wet leaves to stop them from checking.



The next day I pulled out a slab to seal it and found the wood was like a sieve, the water had run through tiny lightning caused fissures in the wood and out the other side. It was like a bomb had gone off in the wood, it wasn't useable and became firewood.

Title: Re: How do you figure out pricing?
Post by: Roy from Pa on September 04, 2021, 11:41:37 AM
Damn Eric, that would have been 200 bows:)