Am I Pricing Jewelry Right or Wrong?

by Jane Petersen.
(Madison, WI)

Am I Pricing Jewelry Right or Wrong?  Discussion on Jewelry Making Journal

I’m in my third year of selling jewelry, and all of a sudden I am questioning how I price jewelry to sell.

Usually, I base my price on my costs of supplies and follow the pricing formula I have learned here.

Then I wondered if I should continue to base my price on the wholesale costs of beads and supplies. Or should I base my pricing on the retail cost to increase my profit levels?

Any information would be helpful.

I tend to think it is fairer to use my actual costs to make my jewelry more affordable to buyers, but wonder if I’m being naive.

Jane Petersen
Jane Petersen Designs

Click Here to Leave a Comment Below 12 comments

Subscribe without commenting