Pricing of Jewelry Made with Expensive Components?
I’ve been following you for a few years now.
For pricing my products I follow the formula that you’ve given.
Does this apply to any minimum cost?
Because recently I made a chainmaille necklace with gold filled jump rings and pearls.
The cost of material was close £150….
Multiplying that with 4 and adding even the minimum wage per hour gets the price to a number that makes me feel a bit uncomfortable.
Is it fine, how do I handle this?