Bill,

Your points are well-taken, sir. I know what I have to charge for this trophy, but I'm just curious as to what our forum friends would charge for a similar trophy.

Cody

Cody, I may not be in the same ballpark as everybody else. I do not price a triple column trophy for less than 3.5 times my cost on parts. Triple column trophies are more labor intensive & many times require an extra set of hands. My ballpark for a small number is $80-$100 each. I don't come off this price unless I am doing a volume of trophies for the customers event.
This is not a trophy that is quick to cut & assemble. Typically your taking extra time with this customer & they have some starry-eyed vision of what they want to personalize it for their event. They start off asking for a 5 foot trophy & by the time you make it, it is 3-4 feet tall.

Joyce,

We're right in line with your pricing...we ended up at $80. I know what we need to make on these, but I wanted to see where other folks were.

Incidently, we do very few of the smaller trophies (under 24"). Nearly every trophy we do is at least 24" tall, and has 3 or 4 columns. They are definitely more time-consuming, but we charge for that extra time (and all the extra hardware!).

Cody

Bill,

How we price them depends largely on who the customer is. We tend to cater to schools more than any other type of customer, and give them better pricing than we do to anyone else.

For them, we do 2x material cost, plus $60/hr assembly time. On these trophies, I figure 20 to 30 minutes each (including cutting columns and engraving the plate). That's a pretty generous amount of time. If I'm only doing a single trophy, that's about how long it takes. Doing multiples cuts the time way down, since I can do them in stages....just makes it easier.

I've never done large trophies for anyone but schools, but we would most likely charge 2.5x material, along with the same labor calcs.

Cody

Thanks I wasnt saying you were right or wrong.. fact I think you are inline with the prices I do.. seems like same price just different way to get there.. i am going to look at it again on monday.. I am out of town.. now..

Thanks

Bill

Cody,
Nice job. I posted an article from a marketing news letter I get, regarding pricing in the general folder......take a look at it.......I have come to the conclusion that one must price their products and services with regard to profit and profit alone.
This leaves quality, convenience, professionalism...and SERVICE as our only real means of competion....
Regardless, if *I* had to price the trophy you made, it would by necessity be well over $100.00.