Pricing Question

Can you look them up in a catalog?

I thought of trying to see if I could find something online or catalog. I think I know where she got them, we found this shop together in Knoxville. Keep trying to get DH to go off on a long weekend to Knoxville, lol.

Lisa Kisner

Generally when you make something you charge for two or three things -- materials, time, and artistic value.

Generally the buyer is charged for retail price of beads (meaning you double the price if you're able to get them wholesale), and something for your time, and if it's unusual or just plain super you charge extra for that. This gives you a wholesale price, which is half of what a store would sell it for.

If I'm making something that is a favor but not a gift, I'll charge close to wholesale. If I put it in a store or gallery I charge wholesale. If I do my own marketing, I charge retail. eBay usually starts at or a little above wholesale, with the hope that it will be bid up to reatil.

Tina

Thanks Tina, I think I just need to search for like beads so I can figure out the price for the beads she bought me or call the shop where I think she bought them and ask them. I looked at Sooz' Beadnotes for my formula for what to charge the neighbor to do this, her list is so fantastic.

Thanks again for all the help,

Yes, that's a much better description for pricing. Mine was just a down and dirty.

When you look on line for bead prices (for a retail value) choose a higher price. Some on-line prices are closer to wholesale.

Tina

Another point is that if you at any time get a really good price that is not likely to be an ongoing price, always price your costs at replacement costs in the formula that you use. You deserve the extra profit for being an astute buyer. One thing that we also tend to leave out of the equations when we figure our base is the amount of time you spend in drudge duty (shipping, cleaning, paperwork, etc.) and then the extra costs that you don't see in the piece so much (waste, office suppliers, utilities, insurance, etc.).

vj found this in rec.crafts.beads, from "Steve & Susan Wright" :

]Another point is that if you at any time get a really good price that is not ]likely to be an ongoing price, always price your costs at replacement costs ]in the formula that you use. You deserve the extra profit for being an ]astute buyer. One thing that we also tend to leave out of the equations ]when we figure our base is the amount of time you spend in drudge duty ](shipping, cleaning, paperwork, etc.) and then the extra costs that you ]don't see in the piece so much (waste, office suppliers, utilities, ]insurance, etc.). ] ]Right now on one piece this is a mute point for you Lisa, but down the road ]it is a very necessary part of the equation.

Thanks for reminding me, Susan. most of the lampwork i have, i could not possibly replace at the prices i paid for it!

----------- @vicki [SnuggleWench] (Books)

's not what you take, when you leave this world behind you;it's what you leave behind you when you go. -- Randy Travis