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#1
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Pricing Question
I have a question about pricing for a bracelet that my neighbor wants me to
make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
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#2
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Can you look them up in a catalog?
-- Lori Greenberg http://www.beadnerd.com ebay auctions: http://cgi6.ebay.com/ws/eBayISAPI.dl...origre enberg "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
#3
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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 "Lori Greenberg" wrote in message ink.net... Can you look them up in a catalog? -- Lori Greenberg http://www.beadnerd.com ebay auctions: http://cgi6.ebay.com/ws/eBayISAPI.dl...id=lorigre en berg "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
#4
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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 "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
#5
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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, Lisa Kisner "Christina Peterson" wrote in message news:1064867114.863724@prawn... 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 "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
#6
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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 "Lisa Kisner" wrote in message ... 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, Lisa Kisner "Christina Peterson" wrote in message news:1064867114.863724@prawn... 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 "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
#7
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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. Susan W "Christina Peterson" wrote in message news:1064884166.548978@prawn... 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 "Lisa Kisner" wrote in message ... 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, Lisa Kisner "Christina Peterson" wrote in message news:1064867114.863724@prawn... 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 "Lisa Kisner" wrote in message ... I have a question about pricing for a bracelet that my neighbor wants me to make for her sister. Since I started buying beads and findings, I have been tracking the cost per item in a notebook just in case I wanted to sell something. I am mainly making gifts for family and friends but the neighbor really liked a bracelet I made for my SIL's birthday so I told her I would make one like it for her. In this bracelet, I used cats eye beads that my other SIL gave me as a thank you gift for helping her move from Columbus, OH to Knoxville, TN. She bought 10 strands at a LBS in Knoxville along with some other beads. Now for my question.......Since I didn't buy the cats eye I don't know how much to charge for each bead I use in this bracelet. I hope this makes sense :~) Have any of you that make items that you sell, used beads that you got as a gift and if so, how did you know how much to charge for those beads??? Thanks again, Learning in Ohio and pulling her hair out, lol, Lisa Kisner |
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