Mmm.
It makes me want to actually make something fair isle, even though it's not usually my thing. I have made four sets of wool, and you can buy one if you like from http://tinyurl.com/7hts9 which is the page showing my current ebay listings.
I really struggled with the pricing of it, so I've only listed one for now. I've set it at $120 starting bid, for 23 x 50g balls of wool. (I'm putting a couple of white balls in just in case someone wants to break up the colour a bit). Now, selling hand made stuff, be it dyed wool, knitwear, artwork, is always a difficult thing when it comes to the decision of "how much do I charge for this?"
There are things that I've made which cannot be priced. For instance, a very fine cross stitch which took me about a year to sew. I estimate about 300 hours of work in it - about an hour a day on average, where some days I worked for 3 hours solid, some days I worked an hour and a half on public transport and some days I didn't do any. So if I charged, say, what a kid at Macca's might get paid to offer you fries with everything, like $10 an hour or so, I'd be charging $3,000 for it. Or, if I charged what I get paid at the medical centre, that'd be $6,600. Plus a couple of hundred for the very lovely frame. And whatever the materials cost.
A knitted jumper? Well, let's say you get cheap wool, you can get away with materials for a nice jumper for under $100, the pattern a few dollars depending on whether you've flogged it from the net or actually bought it. That's easy. Once again, the difficult thing is labour. I think (and here I'm just guessing) that if I sat down and went like a crazy thing, I could rustle up a jumper in about 40 hours or so. A full working week. So again, basing a price tag on my current hourly rate as a medical receptionist, $880. Plus the wool and pattern cost.
Know anyone willing to pay these prices? Send 'em in my direction.
This is where my rule of knitting requests came from. People ask you to knit for them. "Oh, that's so nice, if I bought the wool could ya knit me one o' those?" Sure, honey, I'll work for you for free for a week if you'll do the same in return. You're an accountant? Cool, that'll cover my tax returns for the next 5 years. Of course life doesn't work like that, so yeah. Unless you're putting out, you get no knitty knitty from me. Lessons are free, but I don't generally knit on request. Which doesn't mean I don't knit for other people - I sometimes do, but it will be the pattern and the yarn I have chosen for myself as my current project, and I won't tell them about it until it's finished. No deadline, no knitting stuff I don't wanna knit. Which is.... probably why I don't finish anything.Hehe!
But the balancing act is charging something reasonable for something that is hand made with skill and love and thoughtfulness. I always feel torn when I think "what will I charge for this?" For most of my stuff I tend to charge about twice what it costs me in materials, and from this profit pool is taken my ebay fees and my labour. In the end, I probably get "paid" about $5-$8 an hour, depending on what I've been dyeing. The fair isle set was a struggle to price, because it sounds like SO MUCH! But I think it's good value considering the amount of labour that went into it (works out at just over $5 per ball). I'm not sure I'll do it again, I literally spent HOURS winding balls, about 100 balls in total when it was all finished. But... I think it's gonna be worth it. This is delicious quality stuff, and I'm trying to work out whether I'm going to keep a set for myself or not. Hm! Decisions, decisions. In the meantime, it's back to my dreadfully demanding life of going to the gym, dyeing wool, playing warcraft and smooching to my bird. Yay!