- Joined
- Dec 2, 2011
- Messages
- 913
I heard a saying once that might apply here. If you double your price and loose half of your business you are money a head. Take it for what it's worth.
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I heard a saying once that might apply here. If you double your price and loose half of your business you are money a head. Take it for what it's worth.
+1 on a "buyer's list." Be careful about raising prices.
There is lot's of great advice above, but I'd caution you to think deeply about whatever you decide to do, as collectors/customers might get turned off and move-on if they think you are being elitist about it. Very delicate. I'm primarily in the kitchen knife world and Murray Carter announced to everyone on his list that he was no longer accepting custom orders. I e-mailed him to see how everyone responded, but he didn't reply. I'm sure he is doing fine, but the backlash might have been bad too... Not sure.
Clearly you are doing a lot of things right and have people excited about your work. As you know knifemaking is very competitive and there are lots of guys here that make very similar knives. Raising your prices to weed out your list might hurt more than you can predict. I say, tread softly. Be reasonably firm. Also, IMHO I wouldn't bog down your site with too many rules, etc... despite how tempting it would be.
I can't emphasize this enough - ease off the phone/computer slowly and quietly and don't burden your customers with your frustration. They are excited - don't lose the momentum. Make your knives faster, better. Offer spec-knives on your "buyer's list" and when a particular customer "passes" then consider making it a custom order.
Thought that might help a touch. -m