I’ve been slowly working my way through the items that are finished and need material costing before they can be listed to the Etsy store. Today’s victim– err, volunteer is the display bases and optional fencing!
I love painting Mini Whinnies and have a small army of them in the body box waiting for new colors. But as always my fear of ‘painting the LAST one’ has kicked in and now I’m trying to confirm that I can replace anything I customize.
Times have changed since I last stocked the body box and Breyer Mini Whinnies are only available via the blind bag Surprise Series. This makes them both crazy expensive (compared to the old offerings) and impossible to tell what you are going to get. Looking at this year’s series and last year’s series it seems that only five of the adult molds are going to be available each year.
Since most of my magnets are tiny, my attempts at measuring how many ml of mix went into each were a dismal failure. So instead, I went with an average weight.
I piled a bunch of the casts onto a postal scale and then calculated the average. Once I’ve worked through all the bodies I have, I’ll make a few 10 item batches of each small mold to measure how many ml are used.
The kittenloaf used 20ml and the average weight is 0.7oz, so I’m using a 1oz = $0.40.
Magnets will be added as I work out the costs, so not all of them will appear here at first…
On the same theme as the Breyer Stablemate body cost list, I’ve started tracking the various Safari Ltd body costs. I’m focusing mainly on the horses (of course), but there will be the occasional non-equine that sneak onto the list.
While I buy most of my bodies from Michael’s (because I have zero impulse control), I’ve use the Safari Ltd. website for pricing. I’ll double-check the next time I pick up some bodies and note if there is a difference, but I think they are about the same.
As part of my shift from business to hobby pricing, I’m slowly going through the Etsy store (and my workbench) and calculating just how much things cost to make. After the model body costs, the wooden magnets were the easiest to do!
I buy my wooden cutouts from Michaels for the most part, however I have also found quite a few folks selling on Etsy so the below will eventually grow to include a longer list of forms. I will continue to update this post as I do different magnets– if nothing else it works as a great cheatsheet when making new listings! 🙂
The magnetic tape I am using is this one from Home Depot (1/2 in. x 10 ft. Iron Ferrite Magnetic Tape @ $3.98). Which breaks down to roughly $0.04 an inch. One 2.5 inch strip is enough to hold three pieces of paper and for most of the forms I’m using multiple strips.
Note: When I calculate the “x2 material” cost, I will round up to the nearest $0.50 to make the math easier.
I am not including the cost of paint, sealer, sandpaper, or brushes in this as those materials are included in the ‘plus a dollar’ that I am adding to the x2 material price to cover fees.
As part of my swap from Business Pricing to Hobby Pricing I’m trying to figure out the real cost of the materials used to make everything in the Etsy store… and the horses seemed the easiest! (At least until I actually started putting the spreadsheet together.)
So instead, I’m hitting up the Breyer website for my body cost calculations. I’m sure there’s another hobby-based online retailer out there, I just haven’t gone looking yet. If you have any suggestions, please let me know in the comments and I’ll add them to the spreadsheet! 🙂
To be a little more update-friendly I have created a public Google Docs spreadsheet that tracks the per body cost for every Stablemate item that Breyer currently has on its website. You can sort by mold and by price, so it’s an easy way to see what is available and the cheapest way to get it.
Well, almost… I’ve only included the ‘sets’ if it’s the only way to get the mold– there’s no point in paying $15.99 for the Barrel Racing set if all you want is the Mustang! (But sadly the Peruvian Paso (G3) the Deluxe Stable Set is as cheap as it gets.)
I was going to include the Mini Whinnies body costs in here as well… but apparently they aren’t sold anymore? It’s weird, because I can find them online at various retailers, but the Breyer website has them all listed as ‘Retired.’
Back when I started my microbusiness I really disliked my day job and was looking for a way out. Now I’m in a job I love and as much as I love being creative, I don’t want to leave the rat race anymore. For a long time after I got the current job I held onto the idea that if I wasn’t still trying to run my hobbies like a business, I wasn’t doing it ‘right’.
This year has been a turning point against that mindset.
I took the plunge back in May when I decided to take my art and eBook adventuring back to a Hobby level. Then I won a thirty minute coaching session from Téa over at Story Bistro and talking with her really cemented the fact that I’m doing this out of love instead of profit motive. (Not that the two are mutually exclusive!)