Costing out the Wooden Magnets

Earth, Wind, Water…. and Catnaps

As part of my shift from business to hobby pricing, I’m slowly going through the Etsy store (and my workbench) and calculating just how much things cost to make. After the model body costs, the wooden magnets were the easiest to do!

I buy my wooden cutouts from Michaels for the most part, however I have also found quite a few folks selling on Etsy so the below will eventually grow to include a longer list of forms. I will continue to update this post as I do different magnets– if nothing else it works as a great cheatsheet when making new listings! 🙂

The magnetic tape I am using is this one from Home Depot (1/2 in. x 10 ft. Iron Ferrite Magnetic Tape @ $3.98). Which breaks down to roughly $0.04 an inch. One 2.5 inch strip is enough to hold three pieces of paper and for most of the forms I’m using multiple strips.

Last updated: 10/17/2017

	ArtMinds Dolphin (10327315) = $0.29 Tape magnets 2.5 inches @ 0.04 per inch = $0.10 Primer, paint, sealer = $0.15 Total materials $0.54
	Horse wooden cutout (woodcrafter.com) = $0.57 Tape magnets 4.5 inches @ 0.04 per inch = $0.18 Primer, paint, sealer = $0.15 Total materials $0.90
	ArtMinds Simple Bird (10327087) = $0.29 Tape magnets 3.5 inches @ 0.04 per inch = $0.14 Primer, paint, sealer = $0.15 Total materials $0.58
	ArtMinds Cat Head (10327075) = $0.29 Tape magnets 4.5 inches @ 0.04 per inch = $0.18 Primer, paint, sealer = $0.15 Total materials $0.62
	ArtMinds Butterfly (10327088) = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	ArtMinds Crab = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	ArtMinds Oval = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	Wooden Cat = $??? Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	ArtMinds Flower = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	ArtMinds Heart = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???
	ArtMinds Gift Tag = $0.29 Tape magnets ??? inches @ 0.04 per inch = $??? Primer, paint, sealer = $0.15 Total materials $???