Pricing handmade goods

Pricing of handmade goods is a serious issue for many, many people. Artists, crafters and customers alike often struggle with this. I know I do find it hard to price my goods to reflect the cost not only of materials, but also to factor in my time, overheads, profit and my skill – not to mention the development and product testing that came before a bag was ready for sale. I came across this fantastic article today and it should be required reading for everyone who makes, sells or buys handmade goods. Please read through the post and the comments that follow. I would be interested to hear what you think.