#109s - What to make: Fancy or Basic?
Episode description
Ryan and Becca get into the finance side of selling mugs of different styles: 'basic' production mugs and 'fancy' detailed mugs. We breakdown the time to produce, opportunity to experiment, how to manage your inventory effectively, and what other variables should be considered as you grow your customer base. We are pretty used to producing 'basic' work in high quantity over 'fancy' work in low quantity, but we get a little help from some friends as we chat. Enjoy and let us know how you prefer to structure your making cycles for enjoyment & good for your business also.
Listener Questions
On this episode:
- Do you think it’s more profitable to be a production potter and have a sale of 40-80 mugs at one time for a smaller price or a potter who puts a lot of intricate details on pieces and only sells 10 or 15 mugs at a time for a higher price? -@jessleepottery
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