I got few feedback from friends and family on what the price ended up being and it was about 50% that agreed with the price and thought it was reasonable, while on the other hand the other 50% disagreed with the price. A few suggestions were that the most they would be willing to pay was $40-$45 for the backpack. But when I also explained that this was a mockup and the real material/fabric I was intended to use was Faux Leather, they had second thoughts and thought that in that case it would be reasonable if not just right for that. All in all, I appreciated their honest feedback. And day by day I can learn to fix up certain methods in making the backpack to improve.

-Ruth Sarai-

Keep Going & Keep Growing

And by going over my cost in making this I made the Production Cost Report that determines and estimates of how much this would cost if put on shelves to be sold.

As seen by the report I have two sets of prices, the first one is a bit more expensive, but through a few changes like finding cheaper or less expensive items to make it and the time it takes to make it, I managed to make it become $4.00 cheaper. The reason behind this change has to do with the fact that when you make or produce something you have to also play in the factor that you want to make a profit, yet at the same time make the item a reasonable price in which customers will agree on. So with this lesson, I learned more about how products in store get their price set. And it was interesting to know more about this so when you buy anything in store you are more aware of why the price is set the way it is.