Pricing

Oct 09, 2005 10 Replies

I took my BFNR necklace to my computer class. The tutor thought it magnificent and wanted to buy it for his wife. I said no way because it means so much to me.



However I am making something similar just need to finish the neck band and put a clasp on it.



I would like your opinions on what I should charge for it.



Su of Tillerman beads has set me up with a page to put the pictures on.



Please go to

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I do not wish to sell cheaply so as to undermine any other jewellery sellers



Thanks Shirley


Shirley,

I have no clue what the cost of the materials you used is, but if you price the necklace at: 4 x (cost of materials) + 2 x (number of hours x rate per hour) you will not be seriously undercutting other jewelry makers.

Jewelry artists here charge between $12.00 and $25.00 an hour for their labor, I think, depending on a gazillion factors.

Hope this helps,

Georgia

Thanks for your help. Shirley

In message , Georgia writes

Don't price it - just send it to meeeee!!! LOL just kidding sweet Shirley. It's a lovely necklace, that I think should fetch a nice high price.

Oy, I won't be any help with the pricing issue, but I just wanted to say that the necklace is GLORIOUS!! And how nice of Su to hook you up!

I hope you get lotsa bucks for the necklace, Shirley, it is truly a work of art!

Fran

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I usually charge my state's minimum wage (which is $5.15 an hour) when it comes to my per hour rate. But I do raise that price if it's a really difficult or intricate piece..usually to about $10 or $12 an hour.

-Amber.

Thank you for your kind words. I am still awaiting a clasp to put on it, it needs to be quite hefty to hold the weight.

Yes, Su is a treasure to do that for me.

Thank you to everybody who as replied I much appreciate it. Shirley

In message , Deepwood Art writes

Minimum wage is $6.25 here, and I'm not sure I always get that when I sell wholesale (haven't in a while, I think I do get that when I sell retail, but only if I don't count the time I sit at the market selling nothing) - it's hard to time picking out naturally different Job's Tears to pair for earrings, with which I also have the problem of what to charge as 'cost of materials' because to me that again involves more labor than anything else ...

Aloha,

Maren Tropical seeds - Job's Tears Jewelry - Plants & Lilikoi

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Thanks Kalera. It is now finished and a bracelet and earrings to match.

I rather think the price is too high, but be blowed if I am going to let them go for cost. Hugs Shirley

In message , Kalera writes

Shirley:

Absolutly STUNNING!

Your work is so detailed and perfect.

Katie

Shirley Sh> I took my BFNR necklace to my computer class. The tutor thought it

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