How much time do you spend looking at other Etsy listings and their prices?
Many Etsy sellers set their prices by looking at what everyone else is charging, and then they wonder why they’re making sales but not making money. The problem is that you can’t know if a price works for your business unless you actually know what it costs you to make something.
This spreadsheet helps you figure that out. You start by listing all your materials and what they cost, including the small stuff like glue and thread that’s easy to forget.
Then you build each product like a recipe, pulling from your materials list and adding in your time, packaging, and shipping. The spreadsheet calculates a suggested price, and then shows you what happens after Etsy takes their fees. You’ll finally be able to see whether a product is actually profitable before you list it.
As a bonus, you end up with a record of exactly how you made each item, so you’re not trying to remember six months later what went into it.
