Why I Changed My Etsy Prices

Most of my readers know that I love creating my own yarn patterns because I have one of my original patterns in the back of each Yarn Genie Mystery novel. I also list some patterns for sale on Etsy. Costs keep rising everywhere, and it's no secret that Etsy fees have increased substantially. It is costly to operate a business, so I understand this is the cost of doing business on Etsy. Like with my books, I like to keep my pattern prices low because some buyers have little money, and I want everyone to enjoy my patterns. As Etsy costs have risen, I didn't raise prices on my patterns as I consider my craft endeavors a hobby that I only do occasionally when I am not writing. 

I didn't understand until recently that when sellers like me list items below their production cost prices, this hurts those who rely on their Etsy business for financial support. Those sellers must factor in their time, materials, and other production costs to get a list price that will allow them some reasonable profit after Etsy fees are paid. It's hard for them to compete for business on Etsy when other sellers list their items below profit levels. 

So, I've gone through and adjusted my Etsy prices to take into account their higher fees. While being more favorable to those who do crafts for a living, they are still reasonable and affordable for everyone. And I do offer a few patterns here for free if your budget is tighter than Yarn Genie Imogene's purse. 

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