Also, another factor in pricing is ‘brand power’ or in this case ‘artisan power’ - pricing based on materials and time alone is no different than being a trades

Also, another factor in pricing is ‘brand power’ or in this case ‘artisan power’ - pricing based on materials and time alone is no different than being a tradesmen. In the luxury goods sector much of the price is based on brand power and are almost in no way related to manufacturing costs (although at the high end the goods being made are also being produced by skilled artisans with expensive materials in the first world, ie. Hermes). So a maker must also consider brand building too, and the value in that over time - again connected to storytelling.