Product Pricing Calculator

This pricing guide should give you an idea of the minimum price you should be looking to obtain relative to the amount of materials and labour you have invested in it – it is however only a guide and does not take into account market conditions or the the uniqueness of your designs.

POSTAGE & PACKAGING

This is useful if your pricing includes ‘free delivery’, so that it can be built into the price of your product.

Include Postage in Price?

Postage Type

Charge for Packaging?

Cost of Packaging (£)

1

COST OF MATERIALS

The total cost incurred in making your entire product ready to ship.

Material Cost (£)

1

Percentage (%) Markup

20

COST OF LABOUR

Total labour involved in making the product – it does not go below minimum wage.

Hours Spent Making

1

Hourly Rate

10

Recommended Minimum Selling Price£