Friday, March 16, 2012

How to Price Your Jewelry

How much do you make per hour at your current job? How much money do you need to make per hour to live the lifestyle you are currently living? These are really important questions. I've seen too many jewelry makers make the mistake of working for free or below minimum wage. But, how realistic is that if you really want to make your jewelry business a full-time occupation or even a part-time job?

In general, I think most jewelry makers do not ask enough for their jewelry, and I think some of this is connected to self-esteem. We feel intimidated by large stores that import jewelry, but if you really stop and think about it, nine times out of ten, your work is going to far superior in quality. Plus, if you want to make your jewelry business into a serious, viable occupation rather than just a hobby, you need to be a serious business person and that means pricing your jewelry seriously, paying yourself a reasonable

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Final Pricing Words

Busting a Selling Myth

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Labor Costs

Even if it's something you love to do, you have to eat. Therefore, be realistic about how much you need to make per hour. Once you have an hourly rate figured out, the next step is to figure out approximately how much time it takes for you to make your jewelry. You don't have to time yourself on every single piece from now until eternity, but you need to have an idea of how much time most jewelry items take to construct. This will help you later on when you are trying to determine the final price of your jewelry pieces.

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Pricing Variables

I briefly mentioned in my introduction that variables such as where you live can affect the total cost of your jewelry pieces. This comes under the "how much can I realistically get for my jewelry?" category. Factors like where you sell your jewelry can affect the price you should ask. While you need to be consistent, in fact it can just be too difficult to manage if your pricing is all over the road, you need to be aware of your audience. Selling your jewelry at a small town farmers' market is not going to be the same as selling it at high-end gallery. You may want to think about this before you come up with your final prices.

First, I'd like to address the myth that low prices make merchandise sell more quickly. This isn't always true, especially when it comes to hand-crafted items. As a result, many hobby and craft business owners cheat themselves out of making a reasonable profit. This is easy to do because you want that money to start coming in as quickly as possible. It's tempting to believe that the lower the price, the quicker it will sell. However, sometimes super low prices may make customers suspicious. Why so low? Is there something wrong with it? Also, if someone really wants an item (as long as the price isn't outrageous), they will pay what you ask.

I've hesitated to write too much about how to price fashion jewelry before because there seems to be as many ways to do this as there are ways to cook a chicken, and I can't say one is more accurate or correct than another. So I do not say much about my ideas about how to pricing your Korean jewelry.

Classic Jewelry Gifts to Last a Lifetime

Jewelry makes a fabulous personal gift. From vintage and traditional to modern and chic, you'll encounter a number of different jewelry styles to suit anyone's personal taste. By remembering your friends' preferences-and your budget-you'll easily wind up with the right gift. Anyone can find jewelry to die for in this impeccable selection.

Make her day with a pair of earrings with exceptional style as well as quality craftsmanship. Go the traditional route and buy your friend a pair of the 14 karat Gold Round Traditional Diamond Stud Earrings. You can't go wrong with the natural beauty and sparkle of round diamonds and classic 14 karat gold or white gold. Diamond stud earrings are a must-have for any woman's wardrobe, and therefore are the perfect present for any event from birthdays to graduations and anniversaries.Modern yet elegant, the Sterling Silver Freshwater Pearl Earrings are an instant hit. Delicate sterling silver scrolled shapes hold black and white cultured pearls for a fresh and new design that will stand out in a crowd. Rhodium plating ensures a lasting shine, while hooks will nicely secure these dangle earrings. Surprise the one you love with a beautiful pair of earrings, and she will not be disappointed.

Beautiful Bracelets

Exquisite Earrings

Regal Rings

Any sweater or jacket will come alive when paired with an incredible pendant. With its fluid lines and delicate shapes, the Goldplated Natural Orchid Baby Green Stickpin will bring a touch of refinement to any look. A real orchid blossom is preserved in this piece, showing off soft green veins and natural beauty that is simply stunning. Finely crafted in Thailand, this vertical pin features 24 karat gold and magnificent leaf and scroll shapes for timeless style.Displaying remarkable detailing for lasting elegance, the Sterling Silver Marcasite and Onyx Pin delivers when it comes to both style and quality.

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Choose a gift that your special friend will never forget by browsing through stunning and stylish necklaces. With its design of beautiful simplicity, the 14 karat White Gold Black Diamond Solitaire Necklace will make a wonderful addition to any jewelry collection. The round-cut black diamond showcases the precise angles of its facets from a prong setting, while the 14 karat white gold and Singapore chain feature exquisite style. Any woman would love how this necklace can be worn to a casual lunch with friends or to a black tie event.Another popular option is the Pearl and Rose Quartz Cascade Strand Necklace with its airy, delicate appeal. Handmade in Thailand, this intricate piece displays a cascading illusion with rose quartz and pearls threaded on silk strands. This unique necklace will add layers of interesting texture to any outfit and makes a spectacular focal point. Give her something special that she can cherish for years to come with the perfect necklace.

This brooch is reminiscent of vintage Hollywood glamour, with its Art Deco design and round black onyx stone. The swirl border consists of marcasite stones and shiny sterling silver, while the standard pin clasp will keep this daring pendant in place. Select a sensational brooch as your gift and your friend will thank you for it.Consider any of these breathtaking pieces the next time you look for a special gift for someone you love.

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Nothing has the versatile appeal and wear-again potential like the right bracelet. The Black Jade Large Blessing Bracelet is handcrafted in China and features a carving of the blessing animal Pixiu to provide fortune and protection. Black jade produces a striking look and will coordinate with multiple options in any woman's wardrobe.Sleek and refined, the Moonlight Bracelet makes the perfect companion piece for a variety of occasions. Its hammered texture creates a modern sophistication while the superior craftsmanship hails from experienced artisans in Thailand. This rounded convex cuff consists of 0.925 sterling silver and has a high polish that evokes the ethereal beauty of moonlight.There are plenty of jewelry gifts out there ranging from high fashion to casual-chic, so select the bracelet that best complements your girlfriend's style.

For the perfect jewelry gift that can be worn with virtually any outfit, consider purchasing a fabulous ring with show-stopping style. The Sterling Silver Square Black Onyx Ring is an excellent choice, featuring a bold look with contemporary flair. Curving silver bands encase the black onyx cabochon that creates a striking look with a high polish and simple sophistication.Whether you are ready to pop the question or celebrating an anniversary, the 14 karat Gold Princess Diamond Engagement Ring will delight the woman you love with its sensational style. The princess-cut center diamond with prong setting is accented by 32 round brilliant side diamonds in the band. Sleek 14 karat white gold is in keeping with the latest trends in fashion jewelry, while the I1-I2 stone clarity ensures eye-catching sparkle. No matter what the occasion, a ring is the perfect way to impress the lady in your life.

Sultry Necklaces

Breathtaking Brooches