- Joined
- Sep 29, 2015
- Messages
- 229
I'm surprised this subject isn't talked about more often to be honest. Maybe it is and I'm just not aware.
It's a buyers market when it comes to custom knives for sure. When the vast majority of knifemakers out there today are part time, or just do it as a hobby, they can get away with selling them well below their (monetary) value. Everyone and their brother is making knives it seems. I blame Forged in Fire, haha. And I get that for many the satisfaction alone is enough.
I mean it's a good thing that the industry is getting more recognition, but at the same time it's much more competitive. When you're competing as a full timer trying to make a living on knives against guys that outnumber you, who sell for a fraction of the cost, I can see how frustrating it can be for those full timers who're taking the hit. I didn't fully realize this until I went from being a hobbiest to a full time maker, haha. And I completely understand that it's ultimately choice. I'm not trying to play the victim here at all. Just my observations.
I've worked in industries where you have lowballers come in, and it essentially creates a race to the bottom type scenario. Only benefiting those that are buying. But I can see the benefits to this as well. I'd like to believe that competition raises the bar in regards to overall standards. Unfortunately this isn't always the case from what I can tell. And I'm not suggesting that there's this cutthroat competition going on. It seems to be quite the opposite for the most part. Which was part of the attraction for me, the community. Those that will go out of their way to help you out.
Anyway, these are only my observations as I said. And recently becoming a full timer, it's something I've thought about. It is what it is, and you either make it work somehow or you don't. For me, I saved enough from my former job to give myself a window of time to either make it or break it at this crazy notion of being a full-time maker. At 10+ hours a day at my former job, it didn't give me nearly enough time to do what I truly enjoy.
And the short answer to your question. Yep, I'm in the same boat brother. LOl. I'm constantly struggling on figuring out what I should price them at.
Thanks for the interesting post. I agree I think Forged in Fire has gotten a lot of people into knife making but then again maybe it has also created a market for it so I don’t really know if it’s good or bad.
I take my hat off to you for having the courage to try and make it full time. If it’s any consolation since I started writing this thread asking what people think my knife is worth I have sold all the knives I made during the summer. It looks like if you make a decent knife you can make a decent dollar but then again there is a lot of undercutting but I think the secret is to build up a clientele and get a reputation and hopefully that will happen with you. I spent the summer making knives and put one up on the forum and it didn’t sell for about six weeks and suddenly it did and through word-of-mouth I sold all my other knives. Anyway, good luck to you and I hope things work out for you and your business is very successful.
Since it has been so long since I originally started this thread and it isn’t dying I thought I might put up some of my more recent chefs knives.