One really big thing about pricing beads is how they will be used.

If I'm only going to buy beads for myself, as an end product, then paying
retail is a reasonable thing for me to to for those few beads. But if I'm
going to put them in jewelry to sell I have to work it differently.

Take the cottage rose flowers and bunny sets for $200. What could a
necklace of those beads be sold for? According to most formulas, I should
double the price of my materials and add in my time at $40 per hour (for the
amount of time a fast professional would take to make it), to come up with
wholesale and double that for a retail price. So theoretically, it should
sell for At the very very least $900. More if it is especially well
designed.

OK then do it backwards. If a necklace of those beads could be sold for
$500, and I am selling my skills as an artist, not as a retailer, I would
only get $250 wholesale, which would barely cover my costs to make the
necklace and get it to the gallery.

Now, I don't think THAT is reasonable.

I'm finding that when I make jewelry from a set of lampwork, my mark up on
materials is very small, and I can't make more than a profit of $20 or $30
on a necklace that will sell at the gallery for $150 to $200.

Tina


"meijhana" wrote in message
...
I was impressed by this, and wanted to share!!!

http://www.wetcanvas.com/forums/show...73#post2015373

I think we should adopt it as jewelry designers, too (and that means you,
too, Harry, both as a jewelry designer and as a supplies crafter). Too
many
times do we hear "I just want to get my money back", and with this, I
think
we can start to educate others, both as buyer and as fellow seller.

Mary


--
Mr. Winky says "Glass shards are beautiful, but they can be painful." --
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================
MeijhanaDesigns - Unique Earrings and More!
http://www.meijhanadesigns.com
mary at meijhanadesigns dot com

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