20/06/2026
🛑 Stop Pricing by Vibes: The Hidden Loss Eating Your Profits
Let’s be honest for a second. How many times have you finished a beautiful yarn piece, calculated exactly how much yarn you used, added a little extra for packaging, and called that your selling price?
If you look at the left side of the attached image you will see exactly why this "pricing by vibes" method is quietly killing your creative business.
When you only charge for materials, you aren't running a business—you are paying to do a hobby.
To build a crochet business that actually pays your bills, you must transition to the right side of the attached image.
Your time has a monetary value. Here is the basic sustainable pricing formula every professional crafter needs to memorize:
Price = (Materials Cost + Misc Expenses + Hourly Labor) × (1 + Profit Margin %)
Let’s look at how the professional prices the exact same 3-hour project:
Production Cost: ₦1,500 (Materials) + ₦500 (Misc) = ₦2,000
Hourly Labor: 3 hours × ₦2,000/hour = ₦6,000
Total Cost to Produce: ₦2,000 + ₦6,000 = ₦8,000
Professional Price (with 25% Markup for Business Growth): ₦10,000
By pricing professionally, you get paid ₦6,000 for your physical labor, plus your business keeps an extra ₦2,000 in true profit to reinvest in new tools, marketing, or expansion. That is how you build a brand that lasts!
💬 Let's Fix This Together!
It's time to leave the pricing anxiety behind.
Save this post so you never undercharge again
