by Amanda. (Ontario Canada) I've just started the idea of selling my macrame jewelry, the problem is the time it takes! I'm as fast as I'm going to get, and I try to be as time-effective as possible. The problem is with my speed, even something simple like a pendant takes about 3 hours. I'm thinking of only charging minimum wage for my time in order to keep the … [Read more...] about How Do You See the Value in Your Work?
Pricing tips for turning an honest profit from your handcrafted jewelry creations.
by Autumn Boutcher. (United States) Hi everyone! I did a show this weekend and having another one coming up. I’ve been brushing up on my JMJ posts, and have a story to tell. Two women walked over during the show. I greeted them before leaving them alone to browse. One of the women played with a necklace letting it go and making a face. I’m sure you’ve seen that … [Read more...] about A Story of Pricing Validation
by Laura Mwangi. (Thika Kenya) I love stone jewellery...my customers also love them unfortuately, I haven't figured a way of making my cost cheaper or making my customers willing to pay their value. My lighting is not good at all but I hope you can help me. I am Laura from Kenya. Laura Mwangi Afrogenesis … [Read more...] about How Do I Get My Customers to Pay What My Work is Worth?
by Betty Holland. (Charleston, South Carolina USA) I have been designing jewelry for 12 years and have previously sold on consignment in Art Galleries. My focus now is working with Fashion Designers for Runway Shows & Photo Shoots. Currently I’m collaborating in this arena. How are Jewelry Designers compensated by the Fashion Designer for designing? … [Read more...] about Ever Worked with a Fashion Designer?
by Nata. (Sierra Foothills, Northern California USA) I hope I am posting in the right place. I've recently found myself in love with bead embroidery, and after a few years of making all kinds of jewelry and giving it away as gifts to friends, family and charities, I've finally got my courage to try to make some money by selling some of my work through our local bead store, … [Read more...] about Jewelry Pricing Conflict
by Jennifer. I’m in the process of setting up shop on Etsy with my jewelry and other accessories, but what’s stalling me is all the confusion on shipping and handling methods. I’m torn between USPS First Class and Priority. I’ve already ordered the free Priority Flat Rate boxes and envelopes, but because of it being flat rate it is more costly ($5.05 online), BUT … [Read more...] about How to Handle Shipping & Handling: Need Suggestions Please
by Teena Walker. I've been creating and selling jewelry for a while but I'm stuck in the promoting and advertising stage to draw more customers. I plan on selling the flat priced to customers for the first round (new customers), and when they come back the second time I want to offer a deal. Ex. "$20.00 off next purchase", or "Buy something get something 1/2 … [Read more...] about Need Help With Special Offer Please
by Danielle Hunte. (Barbados, West Indies) I have been approached by one of my wholesale clients to create an exclusive jewelry line for her business. I am willing to do so but have no idea about pricing for such a venture. I currently wholesale to her at 60% of my retail price. Can anyone advise me on pricing for an exclusive line? Thank you, Danielle … [Read more...] about How Do I Price an Exclusive Jewelry Line?
by Jackie Davidson. When you are doing a jewelry home party (or any show, for that matter), do you wear pieces from your inventory? Or do you wear from your personal pieces of your own work? What if someone wants to buy what you are wearing? How do you handle it; for example, how do you quote a price for something that seemingly is a piece you made for … [Read more...] about Selling Jewelry Pieces You’re Wearing: What’s “Best Practice”?
Jewelry and Coffee with Rena Video Episode 25 by Rena Klingenberg. Here's a jewelry pricing experiment that may be very profitable for you: Before you start experimenting with your prices, make sure you're starting out with profitable pricing. See my Jewelry Pricing Formula for details. Transcript of This Video: When we're selling our jewelry we're always … [Read more...] about Pricing Jewelry: Customers’ Mental Price Limits (Video)
by Rena Klingenberg. See the price of gold today on the charts below. You can save a lot of money on jewelry components by checking the current market price of gold before buying wire, findings, etc. Jewelry suppliers base their gold prices on the current day's market rate. So I always update my shopping list for metals whenever I notice I'm running low on something. … [Read more...] about Price of Gold Today
by Rena Klingenberg. See the silver price today on the charts below. I always check on the current market price of silver before I buy wire, earwires, etc. Most jewelry suppliers vary their sterling silver prices based on the market rate the day you order. So I keep my "metals shopping list" up to date - and when I see a drop in metal prices, I place my order the … [Read more...] about Silver Price Today