Financial restraints have definitely impacted on my final major project , I did not have the funds to purchase expensive materials and so recycling was the best option, I used a couple picture frames that i already had and purchased the rest at a cost of £60, fabric I used was £2 and £4.50 per meter, the crockery was from
ikea's seconds and cost £1 per item, it then cost £15 to have my art work
transferred onto a printable sheet for ceramics. I spent around £50 on card and paper and used my children's old clothes for the fabric collages . It cost £30 for trimmings , buttons , threads , glue , tape etc. having researched the craft market i have found that items sell for prices of any where between £4 right up to £460 , you can charge for your time, the materials and the hand crafted bespoke element , your over heads , shipping cost , at the end of the day your work is worth what people are willing to pay for it, I paid I found some interesting websites with lots of information on them !
http://www.ohboydenterprises.com/HowToPriceHandmadeGoods.html
http://www.makeforbusiness.com/directory.php?directory=Pricing
http://ukhandmade.co.uk/content/business-pricing-your-handmade-goods
http://ukhandmade.ning.com/forum/topics/how-do-you-work-out-the-price
For my degree show i have some funds available from the last installment of the student loan, through my contact with Claire Worthington I have found a lady who is going to make me some black and white cup cakes for the show 6 cakes will cost £12 , she has found me a company who can transfer my art onto icing to make toppers for the cakes and the price is 85 p per item.
I want to get some high quality black and white fabrics to make more textile items for the show .The craft council and some other craft organisations have some funding opportunities available
http://www.craftanddesignmonth.net/proposal.pdf
http://www.startacraftbusiness.co.uk/small-business-grants-funding.html
http://www.craftscouncil.org.uk/craft-directory/opportunities/list/?type_guid%5B%5D=16
http://www.aah.org.uk/post/491
Apart from Etsy and Folksy , I see my own website as a way of making sales , I have also been approached by a couple of retailers via twitter and have a meeting with a shop owner in early August to discuss business options.