bonzie64
off to a rocking start
Member since August 2015
Posts: 4
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Post by bonzie64 on Aug 30, 2015 13:53:05 GMT -5
I have no idea how to do that.............sorry.
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osuguy0301
starting to spend too much on rocks
Member since December 2015
Posts: 203
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Post by osuguy0301 on Jan 12, 2016 8:05:47 GMT -5
This is a great thread!
Although I don't make anything or sell anything I was always curious as to how you determined the pricing of your work. I know some stones are far more expensive than others and that plays a part in the pricing, plus time involved and overhead for supplies. With the whole artisan movement becoming more of a "fad" (craft beer, food items, clothing, etc.), I feel many people are looking for items that aren't massed produced, made with care and skill, and are one of a kind. What is more unique than a stone that has been carefully selected for its unique pattern. Most of the jewelry that you make is true one of a kind, and should be treated as such. Make no mistake, there are plenty of people in this world that like nothing more than to have a beautiful piece of jewelry and to tell their friends that they may be able to get something similar, but it won't be exactly the same.
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shermandukejewelry
noticing nice landscape pebbles
Retired, learning jewelry design
Member since July 2016
Posts: 93
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Post by shermandukejewelry on Jul 22, 2016 21:08:05 GMT -5
I price as high as my customers can/will pay, and then give slight discounts to frequent buyers.
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 22, 2016 22:57:19 GMT -5
I price as high as my customers can/will pay, and then give slight discounts to frequent buyers. But, is it enough to make your enterprise sustainable?
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shermandukejewelry
noticing nice landscape pebbles
Retired, learning jewelry design
Member since July 2016
Posts: 93
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Post by shermandukejewelry on Jul 23, 2016 15:34:38 GMT -5
I've only been making Jewelry for about eight months. I sold 24 pieces at my only craft show. I have also taught one class. I am still learning and buying. I may have recouped 50% 0f my expenses. My problem is people would rather pay dirt for something out of China or Mexico. Once the weather cools down I'll apply for a weekend spot at a more upscale craft location. I am able to make wire rings or earrings while they wait and watch. I'm also going to learn low fire silver clay work. If I can create nice rings with embedded stones my prices will jump from $5-20 to $100 and beyond. I'm all ears for tips and suggestions.
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 23, 2016 20:03:36 GMT -5
I've only been making Jewelry for about eight months. I sold 24 pieces at my only craft show. I have also taught one class. I am still learning and buying. I may have recouped 50% 0f my expenses. My problem is people would rather pay dirt for something out of China or Mexico. Once the weather cools down I'll apply for a weekend spot at a more upscale craft location. I am able to make wire rings or earrings while they wait and watch. I'm also going to learn low fire silver clay work. If I can create nice rings with embedded stones my prices will jump from $5-20 to $100 and beyond. I'm all ears for tips and suggestions. Make a spread sheet that adds all your expenses into it so you know exact cost. Then all the costs for the shows..... And... Well... You taught a class? As an 8 month beginner?
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shermandukejewelry
noticing nice landscape pebbles
Retired, learning jewelry design
Member since July 2016
Posts: 93
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Post by shermandukejewelry on Aug 1, 2016 20:36:12 GMT -5
Yeah, I taught how to make wire wrapped rings at a meetup group. I've only done one craft show. I sold 24 pieces and made $176 after expenses. My next venture will be setting a ruby into a silver clay ring. I don't feel confident enough yet. The clay has 8-12% shrinkage and I'm not sure about designing the prongs.
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Aug 4, 2016 19:42:25 GMT -5
Yeah, I taught how to make wire wrapped rings at a meetup group. I've only done one craft show. I sold 24 pieces and made $176 after expenses. My next venture will be setting a ruby into a silver clay ring. I don't feel confident enough yet. The clay has 8-12% shrinkage and I'm not sure about designing the prongs. Are you happy with $7 profit per piece? How many hours did you invest in this venture to make $7 each?
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shermandukejewelry
noticing nice landscape pebbles
Retired, learning jewelry design
Member since July 2016
Posts: 93
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Post by shermandukejewelry on Aug 4, 2016 22:20:36 GMT -5
Considering the market it's okay. I'm retired so I spend idle hours making jewelry. When something sells that money gets reinvested into supplies. Much of my beading material comes from a scrap store for $1 per ounce. I've sold rings for $20 that cost pennies to make. The same for earrings. I can set up shop pretty much anywhere. Lots of designs were done while relaxing at the dog park. I sold a pair of cut garnets recently for a $120 profit. This fall I'll apply for a craft space downtown. $10 per day, so a single sale will break even. I will not discount much there. Any ideas on the silver clay ring setting? I'm still learning lots of new stuff?
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