Price for 140x99cm frame?

[Davie000]

Wondering if anyone can give me an idea of your cost for this?
140x99 cm 34mmx27mm ash frame, lime waxed and jumbo board, art is a dyptich 5mm gap floating on foam board hedgehog mounted, econo space 2mm glass and corridor back, taped and strung?....... just wondering if my pricing is wrong. Any help appreciated thanks.

[pramsay13]

It's hard to tell if your pricing is wrong when you haven't disclosed your price.

[Davie000]

Yeah remiss of me, just under £220.....

[Gesso&Bole]

I work from home workshop with very low overheads, but I am around £300 on that.

[Davie000]

Thanks for your reply, this customer is regular repeat, shop price is a tad over £300 this customer is heavily discounted, however not happy with the price increase, tried to explain everything in this industry has had significant price increases, and I have little choice but pass at least part of that on, cutting my own profit...I feel the price I have given is excellent value... and a frame that size is not a five minute job.

[StevenG]

I'd be a bit more, I'd say at least £250, £220 is a good price for your customer

[iorek]

Why is the customer heavily discounted? Genuine question.

FWIW I almost never give a discount and on the very odd occasion I do it's 5% tops and only on part of an order (for example if I have some leftovers from other jobs and don't have to order stuff in).

[JKX]

The guy just wants to compare prices.

Who gets discounts, how big and why would make for an interesting new topic though.

[Davie000]

Thanks for the replies, I give out such a discount to this particular customer as they spend around 14k a year and I'm not in the business of robbery just try to give good honest value for money using quality materials. Cost of materials unfortunately have to be passed on.i just wanted to check with the good people here if my price is unreasonable or not. Thanks.

[Gesso&Bole]

this customer is however not happy with the price increase

I find that there is often some price unhappiness on oversize items. Particularly when the item is rolled up when they bring it in! These are often the same customers that can't fit it in their car to get it home . . . They have no concept of the extra costs associated with Jumbo boards, and oversize glass etc

As to discounts, I have a couple of large customers that between them represent 2 days work every week for me. I price their work completely differently to bespoke customers, in that I pass on all the costs I have incurred, inc delivery charges and sundries, and then charge them an hourly rate to cover the (small) overheads, such as machine maintenance, and the amount I wish to earn. Fortunately I have a relationship with these customers where I tell them the price once it is done - this in itself saves loads of time for the customer and for me.

[Davie000]

I'm the same, I do about 2.5-3 day's a week for one customer and price as you do, this particular customer I have absorbed the increases to a point I can no longer sustain. As you say they have no concept of oversized frames, I can put them together relatively fast, but glue underpinning the frame wrap it for super tight joins, leave 24 hours sand all corners apply lime wax, cut both glass and back, hedgehog art onto foam board set onto cut jumbo make up ecospacer then clean and assemble tape up and sundries fitted... reading this back I don't think I have been unreasonable in my pricing up.

[JFeig]

The price is the price for you to make an honest living and put bread on the table. Do not underrate your services just because the client wants a deal.
Do not be ashamed of raising your prices to cover the current inflation of the economy.