SPFG, Supreme Picture Framing God
Yes, it might have been me - I've described this pricing method before:may i ask if you will share your idea on pricing Mus Glass? I'm sure it was you that showed us a better method.
I wanted my prices for Museum Glass (or ArtGlass99) to provide 3X the gross margin dollars of selling Conservation Clear (my shop's default standard glazing at the time) in the same frame.
To get to that, I calculated my gross margin dollars for Conservation Clear in four different frame sizes. Then, I multiplied those gross margin dollar amounts X3, to arrive at gross margin targets for Museum Glass in those sizes, and worked backwards to determine the proper markups to apply to cost. Once the markups were balanced as I wanted them, the proportional differences between CC and MG followed the future price increases in my FrameReady POS software.
Sales of Museum Glass increased immediately and in the last few years before I sold the business, it provided more gross margin dollars than any other single line item. About 25% to 30% of my frames were sold with Museum Glass after I made it my shop's default standard glazing.
Hope that makes sense.