Pricing of Jewelry Made with Expensive Components?

by Pinakee.

Pricing of Jewelry Made with Expensive Components?  - Discussion on Jewelry Making Journal

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?

Pinakee
Autumn Hues

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