Handmade jewelry prices seems a topic that jewelry artists never agree. There are many different views and philosophies. This article examines some of the things that, when you consider how you think your jewelry price, and some of the most common pricing models that designers use jewelry.

Note that you do much more than just jewelry as an entrepreneur. To cover the costs and overheads, it is important to more than your hourly rate + materials to calculate, or your hourly rate is relatively high (ie 18 $ / hour is more realistic than $ 10 / hour) to want to keep your business profitable.

A mistake that many new jewelry designers, the price of their work too low.

Here are a few tips:

-Don ‘t with imports on prices in the competition! Their quality is better, and you can never compete with to make the $ 2 per day. Instead, you position yourself as a quality professional who you are, and command competitive prices.

-As a newcomer, you can see below, if you want, and move the price if you are more familiar.

-Lower prices may also work against you, because it cheapens the perceived value of your work. People tend to think that you get what you pay for, so if the battery is weak, people think that you tend to waste.

I have a reason, because it is not too low. This is kind of my personal soapbox:

If the battery is weak, you are not only cheaper, the perceived value of your work, you are also cheaper is the work of others, because the public learns to believe that some of the craftsmen responsible for what they are worth, load too much.

The craftsmen who, what they value work so much harder for customers to do their work experience is worth the price to convince.

That is, as a jewelry designer, you need to consider two types of prices: wholesale and retail.

Wholesale and retail pricing models

Common wholesale pricing models used by jewelry designers:

-3 X material

-3.5 X material

- $ (Hourly, or whatever your want) 1x 18/hour-labor plus materials plus 50%

Eyeballing guess, what it’s worth (not recommended, but often)

- $ 35/hour-labor plus 1x materials

- 26/hour-labor $ 50 plus materials plus 1%

- $ 20/hr.labor + mate. + 5% overhead + 20% profit

Common models retail price of jewelry designer uses:

-1.4 X wholesale

-1.5 X wholesale

-1.6 X wholesale

-1.7 X wholesale

-1.8 X wholesale

-1.9 X wholesale

-2.0 X wholesale

The ever-common but not recommended “Eyeballing” method

Feel free to add one of the wholesale or retail pricing formulas to price your own work.