4 Factors to Consider When Pricing Laser Engraving

Many successful engraving businesses use the following formula with these four factors to calculate pricing.

March 4, 2016 GRAPHICS PRO Staff

Before you determine your pricing structure, take a little time to learn the prices of other engraving businesses in your area. It’s a good way to gauge the amount customers are willing to pay for engraving services, and will also help you determine a competitive price for your services.

Many successful engraving businesses use the following formula to calculate pricing:

Minimum charge: Covers the time of job set-up.
Artwork charge: Covers time required for creating any logos or artwork.
Materials cost: Covers the cost of all related materials.
Number of items: This will help calculate the time required to engrave each piece of the job.