Thoughts on Price...

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Thoughts on Price...

Postby themagicwand » Jun 5th, '09, 15:23



So, you're ambling around a village craft fair on a Sunday afternoon when an intriguing stall diverts your attention. "Entertaining Tarot Card Readings with Palm Reading included..." reads the sign. You are tempted. What price for the reading would lure you in, and what price would scare you away? I'd be interested to hear...

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Postby lindz » Jun 5th, '09, 15:27

For me personally I would happily pay a fiver, maybe a tenner if Im feeling plush but thats just my opinion and thats comparing to the few psychic fairs i have been too.

edit: That will teach me not to read properley, with the palm reading a tenner sounds more realistic but I still wouldnt pay more than that but I think a fiver would be to cheap now.

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Postby heronjester » Jun 5th, '09, 15:31

I'd say £5 I'd be tempted but if it was more than £20 I'd... in the words of Dionne Warwick "walk on by" :wink:

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Postby Replicant » Jun 5th, '09, 15:41

I'd definitely pay £10 for that. £15 and I might loiter with intent. Anything more than that would probably scare me off.

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Postby themagicwand » Jun 5th, '09, 15:50

Yeah, from experience £10 is a tad too much, whereas at a fiver I'm busy but busy making little money. I'm starting at a new fair on Sunday and have priced it at £8. Sound about right??

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Postby Serendipity » Jun 5th, '09, 15:51

It'd depend on how professional the tent/sign looked. I'd almost certainly be game for a fiver, spending more than that would depend on how it looked...

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Postby Lenoir » Jun 5th, '09, 15:55

I think closer to five than eight. Perhaps 6 or 7.

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Postby heronjester » Jun 5th, '09, 15:58

Yes, I think £8 sounds about right.

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Postby Tomo » Jun 5th, '09, 15:59

themagicwand wrote:Yeah, from experience £10 is a tad too much, whereas at a fiver I'm busy but busy making little money. I'm starting at a new fair on Sunday and have priced it at £8. Sound about right??

Take a £10 float in pound coins. :wink:

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Postby yddraig » Jun 5th, '09, 16:03

Price it at £7.50, only 50p less than £8 but sounds a lot cheaper, and 50% more than you're getting now... :D

Everyone's a winner....

I would balk at £10 in a summer fair, you're aiming at impulse spending and £10 is a lot for an impulse whereas a fiver plus change..... mmm

Just my opinion, but I am a cheapskate. :oops: :?

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Postby Lady of Mystery » Jun 5th, '09, 16:15

I'd say £5 or £6 for me, £10 if I'm just wandering around a summer fete sounds a little too much.

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Postby Craig Browning » Jun 5th, '09, 16:37

It depends primarily on WHERE you're located. To use an American example; someone working with the Ivy League citizens of Boston would see far more than the gal in the park that's dressed a bit dumpy.

As with any industry, packaging and location are the two keys, when it comes to the former we must consider if or not the person sitting there and offering their services looks like they are worth and worthy of our venture? How are they packaged as a product and do we find it appealing?


Many long years ago I worked for a man named Jim Ward, a jeweler based just outside Beverly Hills (those in the know will understand why I italicized that term :twisted: ) One year Jim was at a big gem & mineral show and happened upon some "unique" lapidary work -- seems the gent in question had made a few dozen purple penii (that is the proper plural for penis, isn't it?) from amethysts crystal... ironically, he did so in his youth some 30 years prior and rarely ever got as much as an inquiry about the things let alone a sale.

Long story short, Jim purchased the phallus collect @ just $3.00 a head and within a week had them on display in his store... a store that I should point out, sat just outside Beverly Hills but likewise at the heart of what was known as Boy's Town -- West Hollywood and the Santa Monica Blvd Gay Bar scene. It's important to understand this in that Jim sold out of the collection in under two week's time, with each sculpting selling for over $60.00 -- ten times what the original designer was asking.

The secret to his success was simply knowing his market; location plus presentation = parallel results i.e. a consumer base willing to pay the asking rate in that value is seen within it. If the Reader isn't projecting value, they aren't going to see the higher rates of pay... even for a mini-Reading @ the flea market. :wink:

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Postby pcwells » Jun 5th, '09, 16:55

I always price things at a nice single note value.

It all becomes a pain in the neck when you have to manage a float of pound coins and 50p pieces and assorted shrapnel all day...

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Postby Johnny Wizz » Jun 5th, '09, 17:19

How long would you expect to be reading for at £5/6/7/8?

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Postby FairieSnuff » Jun 5th, '09, 17:31

To be honest why not do both prices???.... £5 for a quick reading of tarot, £5 for a palm or £10 for both palms and tarot......

Best of both then....... lol..

I would say a fiver is best for village fairs..... but to be honest your very experienced and good at it, so hook em in and make sure you advertise your private readings..... that would ultimately make more in the long run?/..

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