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Many viewers have asked me for advice on how to price their products to sell.
In this video, I'll explain how I come up with my labour rate, the comparison between countries, and how to work out what your items might be worth to sell.
Comparison of minimum hourly pay rate in 2022 (as sourced from Google)
$21.38 au
$7.25 us (in some States hourly rate varies from $7.25 up to around $15.85)
$21.20 NZ
£9.50 UK
$11.81 CAN
How my formula works
Hourly rate / qty made = price per item
eg $40 / 5 = $8 per item
My selling price comparison based on a $15 item in Australia
AU $15.00
US $10.40
NZ $16.54
UK £ 8.50
CAN $13.48
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