Points for trying but they aren't very good, which I'm sure you can see, no offence. Your $11 cost turns in to about $30 fairly quickly when you add your time, let's say conservatively 1 hour per tie at a minimum workers wage. Plus your other on costs such as packaging, labels, advertising, business costs, income tax on your profit etc etc and you have an $80 tie very easily.
It would be easy to say I'm being critical because I sell ties and you questioned my prices and its probably true, but I think it applies to almost everything. Where do you stop? Shirts are too expensive, so make them yourself too? Trousers? Suits? I'm just not sure why ties are singled out when a lot more handwork and time goes in to a $100 7 fold tie than a machine stitched $200 OTR shirt.