Pricing and Money Mindset

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  • čas přidán 27. 07. 2024
  • Are you ready to start getting paid more for your work? Watch this video.
    The way we think about money and how we price our products is easily one of the most complicated parts of starting and growing a business. Some of you may not even want to face the truth that a huge part of your success is hinged on your mindset, because it’s scary to think the only thing getting in your own way is yourself, right? You can’t blame anyone else anymore.
    I’ve been there myself and it’s an ongoing journey, and I’ve learned over the years how important it is to address your money mindset if you want to build the business of your dreams. The moment I realized how much value I bring to people through my products, my business reached a whole new level, and I want to share some ways that I shifted my money mindset to get to that point.
    Link to my FREE workshop:
    👉 www.creativehiveco.com/profit/
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Komentáře • 48

  • @tamara25252
    @tamara25252 Před rokem +1

    These videos are really helping me figure out how much I need to charge and how to save more money without jeopardizing my website and products.

    • @CreativeHiveCo
      @CreativeHiveCo  Před rokem +1

      Hi Tamara! I'm so happy to hear that this video has been helpful for you! ❤️ If you need help with pricing your products, you can check out my video here about pricing your handmade products: czcams.com/video/H3r9M3QhnNQ/video.html Good luck! ❤️

  • @carlstereway4327
    @carlstereway4327 Před 2 lety +3

    So much Wisdom in this video. Thank you!

  • @chamiperera3462
    @chamiperera3462 Před 2 lety +4

    Thank you so much for doing this video. These facts you've shared from your experience were really important to any business owner and everything was clearly explained. Thanks once again for giving a helping hand to grow our online businesses and have a perfect idea on what we do ❤

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Thank you so much for your sweet words Chami!! Really appreciate it!! ❤️❤️

  • @agilbo100
    @agilbo100 Před 2 lety +3

    Thank you for this! I had to raise my prices and my free shipping limit due to ..everything. Your points make me feel better about having made my decision.

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety +1

      Thank you so much for watching! More than happy to help!! ❤️❤️

  • @darrylgoodwin7461
    @darrylgoodwin7461 Před 2 lety +2

    This was soooooooo helpful. Thank you🤓

  • @amaly9348
    @amaly9348 Před rokem

    thxs so much for sharing your wisdom with us Mei, big hug from Belgium.

    • @CreativeHiveCo
      @CreativeHiveCo  Před rokem +1

      Thank you so much Ama! Sending you my virtual hugs too!! ❤️

  • @brandonestelle6318
    @brandonestelle6318 Před 2 lety +3

    Brilliant content as always, Mei!

  • @representingweirdos
    @representingweirdos Před 2 lety +1

    Thank you so much 😊 great video! 👍

  • @cherylgrace2744
    @cherylgrace2744 Před 2 lety +1

    This was a very educational volg, much needed

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Thank you so much for watching Cheryl! ❤️❤️

  • @leidianesantos6059
    @leidianesantos6059 Před 2 lety +1

    Thank you

  • @CreativeHiveCo
    @CreativeHiveCo  Před 2 lety

    🚨NEW FREE WORKSHOP FOR 2022 🚨 Learn how to create a PROFITABLE handmade business online without keeping up with social media ⏬
    Watch the free workshop here: bit.ly/362jVdW

  • @gizem_bydmr
    @gizem_bydmr Před 2 lety +1

    You helped me a lot during my journey ❤️ thank you for sharing your tips

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Thank you so much for watching Gizem! More than happy to help!! ❤️❤️

  • @hysae_clay_art6734
    @hysae_clay_art6734 Před 2 lety +1

    Hi Mei ! A great video again ! Thanks :)

  • @johndersch7458
    @johndersch7458 Před 2 lety +1

    Hi Mei Excellent advice and you sure have a lot of knowledge for one so young. Thanks for the advise on the pricing of products, one area of my manufacturing business that needs to be looked at carefully , However , in the last few months I have had a huge increase of one of my main raw materials , pewter alloy of some 40 percent plus , where do I go from here with my products , as I feel that once my model products get to the shops where they have been sold for the last 20 years or more there retail price will jump to such a high price they will be priced out of the market , there is no alternative material to manufacture them in either. Sell on line, and cut the shops out,,,, or just shut down.

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Hi John! Have you already tried looking for other lower-priced (but still quality) suppliers for your raw materials?
      Don't give up! You got this!!

    • @johndersch7458
      @johndersch7458 Před 2 lety +1

      @@CreativeHiveCo Thanks for the help unfortunetly the alloy is subject to the world tin price and any searching for other suppliers of Pewter alloy of the composition I require wouldn't have little or no impact on the base price of the metal . The price rise of the tin is world wide and affects all the alloy suppliers. Did check another supplier and enquired on the price per KG and it was the same. I think it is the end of my products.

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety +1

      Hi John! Don't give up without a fight!! Roadblocks are a part of running a business. I know you're doing everything you can to save your business and I want you to know that you're doing a great job!! ❤️❤️ Do you think it's time to raise your prices? I'm sure your customers will understand why you have to increase your price. If it'll help, you can check out my blog posts below for some reference:
      www.creativehiveco.com/how-to-raise-your-prices/
      www.creativehiveco.com/what-to-do-when-people-complain-that-your-prices-are-too-high/
      Hope that helps!! I wish you and your business all the best!! You got this!! ❤️❤️💯💯

  • @edithnamatovu839
    @edithnamatovu839 Před 2 lety +1

    I’m setting up my business and sometimes the anxiety sets in of Will people buy ? How much do I price ? Do I set different websites for the different business products ? And so forth

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Believe in yourself Edith! You got this! Not everyone will love your products that's why it's really important that you start by finding your ideal customers first and then, think of products that will appeal to them. Your sales will ultimately come from your ideal customers and marketing efforts.
      In terms of pricing your products, you can refer to the links below:
      www.creativehiveco.com/pricing-handmade-items-guide/
      czcams.com/video/H3r9M3QhnNQ/video.html

  • @ShoshanahShear
    @ShoshanahShear Před 11 měsíci

    Thanks Mei for a very helpful video. Do your videos on pricing ones work deal with starting prices and how to slowly raise them?

    • @CreativeHiveCo
      @CreativeHiveCo  Před 11 měsíci

      Hi Shoshanah! Good to see you here! Here are my other video and blog that could be helpful for you:
      Pricing your handmade products - czcams.com/video/H3r9M3QhnNQ/video.html
      How to slowly raise your prices - www.creativehiveco.com/how-to-raise-your-prices/
      Let me know if you have any questions!

  • @observantpolymath
    @observantpolymath Před 2 lety +2

    An artist reached out to me about wanting to include my pieces in their gallery event for sale. I think that they should give me a deposit in advance (correct me if I’m wrong). How do I tell them that I want this from them, and how should I , without coming off as abrupt or ‘rude’, give them my payment information in response to their email? I would appreciate your response. Thank you 🙏

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety +1

      Hi! That's really awesome!! ❤️❤️ I think this article will help you a lot in terms of how you should go about this: thecreativeindependent.com/guides/how-to-work-with-galleries-and-collectors-as-an-emerging-artist/ Hope that helps! If you have any further questions, just let me know anytime. More than happy to help. Good luck!! You got this!! ❤️❤️🎉🎉

    • @observantpolymath
      @observantpolymath Před 2 lety

      @@CreativeHiveCo thank you, I didn’t see your reply till now. Much appreciated

  • @Ahmarpaintingstudio
    @Ahmarpaintingstudio Před 2 lety +1

    very nice and beautiful

  • @ervaringwijzer
    @ervaringwijzer Před 2 lety +1

    Hi Mei, I'm starting my own business in handmade pluche. I've worked out a line of 3d designs for stuffed animals / fruits but can't find a good supplier or party who can make the first prototypes. Do you have a tip or a professional organisation which I could contact? I would love to hear how you did it!

    • @CreativeHiveCo
      @CreativeHiveCo  Před 2 lety

      Hi! I wish I can recommend someone to you who can make your first prototypes but I would suggest try searching your local area or Google for good suppliers/manufacturers/craftsman. Also, you can check out this blog post of mine for some reference: www.creativehiveco.com/how-to-start-a-handmade-plush-toy-business/ Good luck!! You got this!! ❤️❤️

  • @petermccready5753
    @petermccready5753 Před rokem

    Hi I want to start a online business but I don’t know what site to use I have watched lots of u tube some say use Etsy some say don’t I’m just getting lost ps I live in Australia any help would be appreciated thanks in advance 😃

    • @CreativeHiveCo
      @CreativeHiveCo  Před rokem

      Hi Peter! I highly recommend having your own website. I actually have a video that explains the pros and cons of building your business on Etsy vs Shopify/your own website. Here's the link if you want to check it out: czcams.com/video/xfj7X-rA4_I/video.html

  • @sports7008
    @sports7008 Před 2 lety

    From Morocco
    Hi

  • @richugamit1417
    @richugamit1417 Před 2 lety +1

    Your cheeck bones are really awesome...❤️❤️❤️❤️❤️.. it's looks so beautiful.... 😘 With love ... India