You can easily tell which items sell best based on their value. There are many sources (websites, magazines and online) that can give you this information, but our system works by first categorizing wood items as they would be used in a home, and then analyzing how much they would sell for. This method of valuation is based on the same principals as the one used in wood products; the value of any given piece/variety is equal the amount it would cost to produce.
Why is the price of a piece of wood more important?
A simple cost equation that allows us to easily understand why one piece sells better than another is as follows:
Where “A” is the price paid for any given piece/variety from the store, “B” is the price paid for any given piece from the online store, and “C” is the price paid for any given piece in our system.
The average price for any wood item sold in a store is typically higher than the average price for any wood item sold online. This can be explained by the fact that store prices vary greatly while online prices may be much lower.
What about high density woods like hardwood?
We have found that it turns out that density doesn’t matter at all when it comes to selling a piece of wood. If the wood is less dense than the other two, it will sell for more (and it’s much cheaper). However, if it is much more dense than other two materials, the price will be lower. For example, a piece of wood made from cherry, maple or cherry or cherry/pine will likely sell for less than any wood product made from fir (especially as they are in the same density ranges). However, a piece of soft maple, apple, apple or apple/pine will likely sell for much higher. Again, all three are very common wood products as the world’s forests are under stress, and when the demand for a product like that exceeds supply, prices jump.
How do I know when my wood piece is selling?
Your wood piece will start attracting customers very quickly. The first time you’ll see a customer purchase a piece of wood is just after they’ve decided on which category of wood they’re going to use for a particular project. Once that decision has been made, you’ll have a piece of wood with customers in mind that you would be hard-pressed to get.
How do I know the wood is the best for