Determining fair 14K jewelry pricing

"Bill" wrote
However,I'm rarely interested in custom pieces. I'm just looking for a
way to leverage the best price on, for example, a "fancy" link chain
bracelet/chain.

That is of course assuming that shops will accept haggling. Stores have to
factor many things in
when selling products. Be that jewellery, vacuum cleaners, pet food or whatever
you can think of.

They need to consider rent, utilities, cost of stock, wages, periods of the year
that are usually
slow for sales, taxes, possibly marketing of some description, office
consumables, tool wear, etc,
etc. Every shop will be different in the types and amounts of costs it needs to
account for. And
they not only need to cover these costs, most businesses would also like to make
a profit.

A prospective customer waltzing in saying "I think you're a rip-off. 14ct isn't
worth that much. Do
a better price for me." is not neccesarily going to be greeted with a favourable
response.

Dale Porter

Pricing is a very difficult thing to do in the jewelry markets.
Especially, it is essentially a fly by the seat of your pants type
thing.

It is advisable to double check pricing. The best way to get a good
understanding of the lowest prices is by going to some of the serious
jewelry discounters on the internet. (i.e. www.simplevalue.com) These
discounters are lower cost operations and you will be more capable of
understanding what fair pricing would be. In this manner you know you
wont get cheated when you decide to make a purchase.

Any more questions just email me.

Best,

Neel

" A prospective customer waltzing in saying "I think you're a
rip-off. 14ct isn't
worth that much. Do
a better price for me." is not neccesarily going to be greeted with a favourable
response.


Nope, this wouldn't be my approach. I would plan on being respectful
and cordial but firm once commencing haggling.