Just curious for the jig tiers that sell their handcrafted jigs? How do you go about figuring a price for your jigs?
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Just curious for the jig tiers that sell their handcrafted jigs? How do you go about figuring a price for your jigs?
I don't know len, but there are easier ways to make money. Unless things have changed ya gotta pay ten or eleven percent excise tax on any peice of fishing equipment you manufacture. Thats the robertson pittman thingamajiggy that brought that about. This thing makes prices more than they would be otherwise.
You probably won't make much money out of it. By the time you add up the cost of your time, supplies, postage, gas for shopping, more supplies, give aways, lost leaders, etc. ...it can be a bit pricey.Quote:
Originally Posted by redear
I did research on the net to see what comparable jigs were selling for that were hand made and not mass produced off shore for the "mega Markets" like Cabela's, Janns etc. If you look at my website you will see a pretty much average price for my product.
The real thrill and joy is catching them on the jigs you made and the satisfaction that you produce a quality product that is made in the USA.
Depending on the quality $1 to $2 per jig is a fair price for the customer and good price for the seller. There are easier ways to make money but nothing beats making a little money doing something you enjoy. I did this for about 5 years while I was in college. I took my wife out on quite a few dates paid for by jigs.
Just a word of warning these things can suddenly consume all of your time. Good luck.
I never sold like some of the folks on here so I just followed my state law: One time sale of private property - kinda like at a yard sale.
Fatman
All my regular jigs I sell never reach $1 even. My average price is $0.82 or so. I don't know how people get that $1 or $2 because I sell a decent amount of jigs, but I doubt that if I had a price over $1 they would sell as well and you can't make money like this.
i pay for materials mostly for the last 3 years and now hope maybe just maybe I can slow down buying materials enough to actually make a few bucks.
If you want to do it mostly as a hobby like I do that is one thing, but if your intent is to make money, find something else to do.
I make as good a jig as anyone as far as quality and will hold together well and I know some sell their jigs for $1+ or even $2, but I guarantee they are no better than mine and most of them can't make them as good as I can. I am not bragging, but rather trying to make a point.
If you don't lose one of my jigs then you can catch way over 100 fish per jig and some even use that as a selling point, but if a jig can't do that then it's not that great of quality.
Now my Road Runners I sell for more than the .82 ($1.35 and maybe going up more), but they take a long time to do right. Not just the tying, but all the blade changing and painting takes for ever. If I paint with vinyl that is a 3 step process. If I powder paint then the blade needs to come of and tin foil put on to protect the swivel and then put the blade back on. The actual tying is not that much more time, but all the other stuff makes it very time consuming.
If you should decide to jump in the jig tying and selling market you better lower your expectations. I have a friend that has been tying a good bit longer than I have and talking with him the other day, he is not making money either.
So price them at what you can stand as you will be giving your labor away for cheap for sure.
Skip
I was selling them at $1+ a jig and couldn't keep up with the orders. If you make a quality jig like all the tiers I have seen on here there is no reason not to charge $1 or more per jig. Always remember your time is not free and if you try to be the cheapest someone will always be cheaper. If you are going to do it then why not try to make a dime or two.
I take the old crack dealer approach, I'll give you 2 or 3 to try out. Then when you see how well they work and are jones 'n for some more we start talking price ! LOL! Like Skip said, people that have always used plastics are amazed at how many fish you catch on custom tied jigs. I normally sell mine for $1 a piece without any trouble . I believe in this old saying " I do not begrudge a man that sells his product at lower price, for he alone knows what his product is worth."
I think there's a couple of trains of thought on this. Some sell just to help with expenses, while others try to make a little profit. For something that doesn't cost much to make (a crappie jig), you can.....and probably will....invest a lot of money.
You'll need a pretty strong customer base to make much money, there's a lot of tough competition out there.
Sell one jig for $1000 or 1000 jigs for a dollar apiece!!!!:D:D
Each to his own when it comes to jig pricing. As long as the guy or gal that is making them and the guy or gal that is buying them are happy with the end result...THEN EVERYONE IS HAPPY. I have been makin' jigs for almost 25 years now and little has changed in the making process but the cost of supplies. I was taught a long time ago by a wise old man not to never price another man's stuff but he can always make a offer on yours...You can either take it and be happy or you can appreciate their offer and decline. That's for you to decide...That's what makes the world go around..