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Fiber Fair is this weekend!
Nov. 6th, 2013 07:52 pmAnd I have entered 29 items in it for sale.
Fiber Fair is the big annual sale organized by the misnamed Weaver's Guild of Minnesota. It's misnamed because it includes spinners (like me) and dyers as well. I've seen it go by for several years, but this is the first year that I've ever been involved with it.
Of the 29 items, 6 were handspun by me and hand knit by![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
iraunink, and the rest are various sorts of yarn. About half of those are art-type yarns and the rest are more standard sorts. I included one of my two blue-ribbon yarns, the rainbow-colored chain-plied one, but I priced it quite high ($50), on the grounds that it wouldn't hurt so much to let it go that way. And if it doesn't sell, I will be okay with making other plans for it.
And I've already sold one skein! The woman who was checking things in decided she wanted a skein of orange and yellow and red spun silk, and I said she could take it and hide it until she came back on Sunday, if she promised faithfully to pay for it then. So that's at least $25 in sales, of which $18.50 will go to me.
I'm alternating between worry that I priced my items too high and no one will want them at those prices, and worry that I underpriced them, because between materials costs and the Guild's cut (26%), the profit margin is really quite low. This will at least be a testing ground to see what the market will stand.
The big buying rush will be on Friday, when the doors open, but I'm doing my two required shifts on Saturday, so I won't have a chance to see what-all was on offer, just what's left later. And I'll get the final numbers on Sunday afternoon, when I pick up whatever hasn't sold.
Fiber Fair is the big annual sale organized by the misnamed Weaver's Guild of Minnesota. It's misnamed because it includes spinners (like me) and dyers as well. I've seen it go by for several years, but this is the first year that I've ever been involved with it.
Of the 29 items, 6 were handspun by me and hand knit by
iraunink, and the rest are various sorts of yarn. About half of those are art-type yarns and the rest are more standard sorts. I included one of my two blue-ribbon yarns, the rainbow-colored chain-plied one, but I priced it quite high ($50), on the grounds that it wouldn't hurt so much to let it go that way. And if it doesn't sell, I will be okay with making other plans for it.And I've already sold one skein! The woman who was checking things in decided she wanted a skein of orange and yellow and red spun silk, and I said she could take it and hide it until she came back on Sunday, if she promised faithfully to pay for it then. So that's at least $25 in sales, of which $18.50 will go to me.
I'm alternating between worry that I priced my items too high and no one will want them at those prices, and worry that I underpriced them, because between materials costs and the Guild's cut (26%), the profit margin is really quite low. This will at least be a testing ground to see what the market will stand.
The big buying rush will be on Friday, when the doors open, but I'm doing my two required shifts on Saturday, so I won't have a chance to see what-all was on offer, just what's left later. And I'll get the final numbers on Sunday afternoon, when I pick up whatever hasn't sold.
