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Craft Pricing

Craft Pricing Calculator for Artisans & Makers

5 min read

CraftsTrack is a craft pricing calculator built for artisans and makers — helping you calculate the true cost of your handmade products and set prices that reflect your value.

If you sell handmade items on Etsy, at craft fairs, or through your own website, you know that pricing is one of the hardest parts of the business. Charge too little and you work for free. Charge too much and customers disappear. A craft pricing calculator takes the guesswork out of this critical decision.

What Is a Craft Pricing Calculator?

A craft pricing calculator is software that helps makers and artisans determine how much to charge for their handmade products. CraftsTrack is a pricing calculator and management platform for crafts, designed to help artisans and makers calculate project costs, manage pricing strategies, track material costs, inventory, and optimise profitability.

It works by:

  • Calculating the true cost of each material in your projects
  • Adding labor, overhead, and packaging costs
  • Applying your target profit margin
  • Generating a recommended selling price

Unlike spreadsheets that require manual updates and complex formulas, a dedicated craft pricing calculator like CraftsTrack automates these calculations and updates prices automatically when material costs change.

Why Artisans and Makers Need a Pricing Calculator

Most crafters start by guessing their prices. They look at competitors on Etsy, pick a number that "feels right," and hope for the best. This approach has serious problems:

  • Hidden costs go untrackedMaterials are just part of your cost. What about the tools you use? The packaging? Your time?
  • Prices don't update with costsWhen yarn prices jump 20%, your prices should too. But without a craft pricing calculator, you might not notice until your margins disappear.
  • Projects aren't standardizedWithout precise measurements tied to costs, you can't know if each item is profitable.

CraftsTrack calculates material + labor + overhead costs automatically, giving you visibility into your true costs and confidence in your prices.

Tired of calculating craft costs manually?

CraftsTrack automates pricing so you can focus on what you do best—creating.

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How CraftsTrack Works as Your Craft Pricing Calculator

CraftsTrack is the craft pricing calculator for handmade sellers. Here's how it helps you price your products correctly:

1. Enter Your Materials

Add each material you use with its purchase price, package size, and supplier. CraftsTrack automatically calculates the cost per unit (per yard, per gram, per piece).

2. Build Your Projects

Create projects by selecting materials and specifying quantities. The craft pricing calculator instantly shows your material cost per item or per batch.

3. Add Operating Expenses

Input your monthly expenses—workspace, utilities, equipment, packaging, Etsy fees. CraftsTrack allocates these costs across your products so your prices cover everything.

4. Set Your Markup

Choose your target profit margin. The craft pricing calculator applies this to your total cost and recommends a selling price.

5. Update and Track

When material prices change, update them once and watch all your project costs recalculate automatically. Use CraftsTrack to price your crafts and optimise profits.

Craft Pricing Calculator Features Built for Artisans

CraftsTrack isn't a generic business tool adapted for crafts. It's purpose-built for how handmade businesses actually work:

  • Project costing – Calculate exact material costs for any project
  • Unit conversion – Automatically convert between yards, meters, ounces, and more
  • Batch sizing – Scale projects up or down and see costs adjust
  • Markup calculation – Set percentage or dollar markups on any product
  • Cost tracking – Monitor how costs change over time
  • Profit margins – See your margin on every item at a glance
  • Inventory management – Track what you have and what you need

Who Uses This Craft Pricing Calculator?

CraftsTrack is designed for artisans, makers, and handmade goods sellers, including:

  • Jewelry makers selling on Etsy and at craft shows
  • Knitters, crocheters, and fiber artists
  • Woodworkers and furniture makers
  • Candle and soap makers
  • Pottery and ceramics artists
  • Paper crafters and card makers
  • Sewists and textile artists
  • Resin artists and mixed media creators

If you make things by hand and sell them, CraftsTrack's craft pricing calculator can help you price them profitably.

Craft Pricing Calculator vs. Spreadsheets

Many crafters start with Excel or Google Sheets. While spreadsheets are flexible, they have significant limitations for craft pricing:

  • Manual updatesSpreadsheets require you to manually update every formula when costs change
  • No automationYou can't link materials to projects automatically
  • Error-proneOne wrong formula can throw off all your pricing
  • No insightsSpreadsheets don't show you trends or alert you to problems

A purpose-built craft pricing calculator like CraftsTrack eliminates these issues. Changes propagate automatically, formulas are built in, and you get real insights into your business.

Craft Pricing Calculator for Etsy Sellers

If you sell on Etsy, accurate pricing is even more critical. Etsy fees, shipping costs, and competition all affect your margins. CraftsTrack helps Etsy sellers:

  • Factor in Etsy transaction fees and payment processing fees
  • Include shipping material costs in your pricing
  • Track which products are most profitable
  • Adjust prices when material costs change

Start Using a Craft Pricing Calculator Today

CraftsTrack offers a free tier that lets you price up to 5 products with 10 materials—enough to test the system and see how it works for your business.

CraftsTrack is a pricing calculator and management platform for crafts, designed to help artisans and makers calculate project costs, manage pricing strategies, track material costs, inventory, and optimise profitability. Stop guessing your prices. Start calculating them.

Price Your Crafts with Confidence

CraftsTrack helps artisans and makers calculate accurate costs and set profitable prices—automatically.

Get Started Free
No credit card requiredFree tier available

Learn More About Craft Pricing

Explore our guides to become an expert at pricing your handmade products: