Fair price?

Recently I had to move my 95% resored 1958 Alumacraft Queen Marie to the marina, It turns heads and really gets a LOT of attention,
I heep my Softies and spinner rigs on dashand keep getting asked if I sell them
I would but don't know how much to ask, I know what it costs to make each one
What do you guys with way more experience think?
A good friend of a good friend asked if I could do custom colors, annd I lucked out on the 1st try the guy gave me $5.00 for a dozen Midnight Purple 1.75" Screw tails, and got kinda pissed when I told him it was way too much money!
So I whipped up a couple of dozen more and tried to give them to him....That went over like a fart in church
I can't post pix so its hard to explain the sizes and styles

A fair price is what the customer is willing to pay. People will not make a lot of money making soft plastics unless the customer is buying them by the thousands like some of the brick and mortar stores. You should get paid the cost of the materials to make your product, the cost of postage and shipping, the cost of your time and the cost of your talent. having said all that, people will never want to pay you what your product is worth.

Thanks Ship,

I've tried several times selling crappie baits to the public. Nope and nope. Not worth my time and effort. Only a select few get my baits now.

i wouldn't think a hoodlum would be worried about such...;). perhaps consider a name change to "ruffian" or something?

Thanks guys!
When I hit the river its Walleye, Northern, and Basses baits on the dash....3.75-4.25" My version of the Stinger leech (As close as I could get from the pix) they catch fish as Wicklundh said ....4.75" Lucky Dog (big bodied 4 legged beast ) and an assortment of "Johnson" styled beetle bodies from 3.5 -6" ( which also whack the walleyes and small mouth bass this spring) There is one of each type set up with spinner rigs ready to toss since I haven't had time to really test them to have the "GO TO" color and spinner rig combo yet!
I should add that the Spinner rigs range from 1 Colorado or Willow leaf to combos of tandoms of both (4 blades on one rig)

So I feel kinda guilty selling someone an unproven combo...when I started selling my hand carved cranks I only asked the price of the hardware...but once they were pulling big fish I was getting up to $10 a pop on the lake
Off to the lake to test out some Crappie rigs today
Hammer...maybe HANDSOME HOODLUM...THE LADY FISH KILLER...HE HE HE

its not what it cost.its what it costs to replace.

I have to agree with Dr.Nip its just not feasable unless you can mass produce them i have sold them on ebay and its very time consuming just packaging the baits themselves

if you do it is a hobby it will be more enjoyable. if you are going to try to make a business out of making plastic baits think twice.

You guys are right on as doing it as a business, I made that mistake before with my mobile BBQ, there was demand for it and some money was made....But...I don't enjoy cooking like I used to...Still make Jeky, Hams,Bacon, and Smoked fish for myself and a few others but no longer advertise or take on new customers...
Mass production for me, isn't possible. Since all my baits are coming out of plaster molds, with most of them being hand carved or clay masters...heck...I use pill bottles for injectors built into the molds, so when they get a core shoot no 2 batches turn out exactly the same, or when accent stripes are drizzled in each bait is the only one like it
Soft baits are so much fun to make! When people approach me Id like to sell a few...Just enough to keep getting materials