A lot of things said here. But i miss a few points. I do read also a feeling that 'the public' does not understand. But what actually they don't understand? That people spend hours and hours making a knife protection thingy? A spoon, bottle from an other material than metal or glass a bow to shoot, what? Meat is available in the supermarket.
Basicly you all make things the public don't need. So all economics used to calculate a price are not useful.
Lets look at Atz Kilcher, from the alaska family. He makes totaly useless baskets from roots, and sells them for $425, and with his name on it for $20 extra. That is what he calls living of the land..... He does not sell a basket, he sells a feeling. The popularity of the Kilcher name is branded and used.
So you all having a problem, that there seems to be a small market, but people won't pay what you think should be payed. You all try to educate the public in terms of materials, hours, craftmanship. Wrong. Spend time and money to create the feeling. Give a bow for free, if you know he will write a review. Make it special! Consider it not as a product you are making, with all product economics but a piece of art. Creating a market that is willing to pay for that feeling.
And if not, make someone happy, ask 10 Pounds for a bow. That feels great! Also

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