Re: Prices at Renaissance Faires

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Posted by Littlefox on August 9, 2002 at 22:37:33:

In reply to: Prices at Renaissance Faires posted by Lauren on August 9, 2002 at 19:18:44:

Think CCJ put it best in her advice to starting henna professionals.
If you're charging more than what someone would reasonably be
carrying in their pocket, you're probably not going to get it.....
Granted that is paraphrasing, but the feeling holds true I think. If
you want to get money out of a crowd that is primarily teenagers,
don't charge more than their parents would conceivably give them as
an allowance or for a weekend out and be nice, leave them just enough
left over to get a soda/sandwich..... doesn't look good to have a
beautifully henna covered teen passed out from hunger/dehydration
cause you emptied her wallet ;P.

Also a second thought on the prices might be that they're charging so
much at some places because the people running it have invoked the
riffraff tax of sorts.... Mehndi Artists, Face Painters, Tarrot
Readers and Caricature Artist all fall unfortunately into the
catagory of low investment=high profit... their materials cost
approximately squat compared to most of the other merchants and all
they're charging for mostly is their skill and time, and perhaps
showmanship in presentation. And they're turning a sizeable profit,
where as the hat maker or the leather shop are having to turn out
massive bucks for raw materials, machinery to make things on, paints,
dyes and so forth as well as considerable time and effort in each
piece only to turn a reasonable profit when you consider how much
each piece actually costs as a percentage of the final price and how
many people can actually afford to buy.... when thought about it that
way, the 'riffraff' have in some places been lumped into a sort of
leech section so they're being charged more for space. This might be
the case in some places and the artists are having to double their
prices just to keep up their income. Or it may just be greed, never
know ;)

I'd say that if you don't really have a reason to up your prices,
you're making profit and your customers are happy and bringing their
friends, then what's the problem with charging less? Everyone's happy
except for maybe the renfair artists, but /remember/ they have a
captive audience!!! Their only competition inside the RenFair are
other artists also charging the same amount. So don't worry if
you're underselling them outside of the fair, you're not stealing
business from them unless you set up shop across the isle from them
at the renfair ;).

Just my thoughts, don't flame me too hard if you hate them ;P



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