Pricing Calculator for Musicians Selling Physical Products

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Set a profitable price for your products with a pricing calculator that does the math for you.

If you're a self-employed musician who sells physical products, you've probably asked yourself: What are people willing to pay? How much should I charge for my method book or sheet music collection? What about my artisan wooden teaching tools and manipulatives? Is there a formula for that?! (Yes, yes there is.)

The problem is that without an understanding of the numbers involved, pricing is usually arbitrary and subjective—what we feel is fair or reasonable for people to pay.

There are two problems with this approach:

We usually underestimate the time or expense involved in creating the product
We don't account for overhead expenses, taxes, and other components of running a business that need to be built into the price

You will get the following files:

PDF (2MB)
MP4 (157MB)

To help, we made a profitable pricing calculator specifically for product-based musicians (built-in formulas and all).

Calculate your Cost of Goods Sold (including how much time you're putting in)
Analyze and track your overhead expenses and costs of doing business
Learn about the various components that make up your price (+ make sure you're building these in)
Set a profitable price for your physical products
Know how much to set aside for taxes each quarter
Calculate your gross profit margin to ensure your price is profitable

When you know *how much things cost*, how much time you’re investing, and the other components that need to be built in, you can set a price for your products that's fair to the market and profitable for you. This takes emotion out of the equation, which helps you communicate your price with confidence.

Pricing your products shouldn't be a guessing game. Instead, it's a numbers game. Set a fair and profitable price with a pricing calculator designed specifically for musicians selling physical products.

Disclaimer

This pricing calculator is for educational purposes only and should not be construed as financial advice. The information provided in this calculator and resource guide is not a substitute for advice from a qualified professional who is aware of the facts and circumstances of your individual situation. We expressly recommend that you seek advice from a financial advisor familiar with your specific situation.

What's Included

This tool includes two customizable worksheets and a profitable pricing calculator that are yours to edit and adjust as needed for your business. Here's what you'll find inside:
- Google Sheets file (with an option to download to Microsoft Excel or Numbers)
- Worksheet 1: Calculate your Cost of Goods Sold (COGS), the materials and labor that go into producing each product
- Worksheet 2: Calculate your overhead expenses
- Built-in formulas for determining your COGS:Total Price ratio, gross profit margin, overhead and tax percentages, and owner's draw (what you pay yourself)
- An automatic pricing calculator based on your inputs to help you set a profitable price for your physical products
An over-the-shoulder tutorial to help you set up and use this pricing calculator and customize these worksheets for your business.
Instant access to a 10-page PDF resource guide with tips on getting started, how to get the most out of this pricing calculator, and a ready-to-use/download Google Drive link.
An easy-to-reference, 1-page glossary of need-to-know accounting terms for your business.

FAQs

We created this pricing calculator for any self-employed musician who sells physical products. The categories are set up with self-employed musicians in mind, but they are fully customizable and can easily be tailored to you and your music career or business. We included some example content that's relevant to musicians to give you some ideas for how to customize them.
Check your email! You'll receive a receipt for your purchase (save this for tax time!) and links to download the PDF file (with a Google Drive link) + tutorial video within a few minutes.
Sometimes it doesn't work out. We get it. If you're not satisfied with your purchase (for any reason), please reach out to us within 7 days and we'll work with you to make it right, even if that means a full refund. Please read the full Terms of Purchase here.
Yes, of course! We'd be happy to answer your question and assist you however we can. Please reach out to hello@musicianandcompany.com and we'll get back to you within one business day.

Start Today

Once you complete checkout, you'll get instant access to this digital resource. Look for a receipt and a link to access the file in your email inbox.

Secure Checkout

We know how risky it can be to buy things online. Know that your payment information is safe and secure with Stripe or PayPal checkout options.

Future Updates

When you purchase this digital product, enjoy complimentary access to any future updates we make to the resource at no extra cost to you.

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