How to Price Your DIY Jewelry
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- Опубліковано 23 сер 2024
- From our Facebook Live, this #Replay video will help you if you're not sure how to price your DIY jewelry for reselling. Patti shares her tips on how to keep track of things, her formula in coming up with the best price and much more.
#FireMountainGems #SellingJewelry #DIYJewelry
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This was a highly needed video. Clear and concise. Thank you
Glad it was helpful!
thats always been my problem trying to find a the right price is super hard for me and is one of the reasons why i just give away my Jewerly
Pricing has always been hard for me. I usually give mine away… This gives me a great way to begin to sell my products. Thank you for sharing.♥️♥️
You are so welcome and we're glad it is helpful!
Pricing has always been hard for me too.
Quite helpful,I never know what to charge people,l’m sort of a rookie at making jewelry making,I tend to be a people pleaser and charge what I think is a fare price they would like me better for it and want more.
We are glad to hear this was helpful, Suzanne.
Good Day
Thank you for sharing
This will make me a better Desinger
This is so timely and needed in the community! Thank you so much! Blessings
Thanks so much! It is a very important topic. Thanks for watching.
Thank you! Very helpful, I have my first show on July 30th!
So exciting! Wishing you all the best on your first show! 😊
I hope everything went well! I can't wait to reach that point!
Thank you for this info, I'm going to do my first show and this is very helpful!
Glad it was helpful! We wish you a successful show!
It's a matter of knowing your worth it.
Thank you so much for making this video! I needed this so much!
You are so welcome! Glad it was helpful.
I just came back to beading after many years. I had previously used tiger tail wire but was shocked to learn a). There are higher quality stringing materials and b) it all costs about 5 times more than last time I bought. Finally found mid-quality wire in 30 ft rolls and invested. Shocked though!
I agree! Same here -last time I bought I always considered it very inexpensive. But now I spent $40 to stock up for 7 strand due to not wanting to spend for the 19 strand ones that I like better.
Thanks it was hard for me to price my work
Your tools, rent, and utilities have a value added. If you make a set of earrings and you put in 3 hrs worth of labor. what about the rest of the day? You have to keep working to build more in the rest of day. Try to make your designs one of a kind. Keep your materials true. and be willing to not let criticism bring you down. Gain wisdom from your mistakes. Are you making a piece that will be handed down from parent to child and on to grandchild, or are you making costume jewelry to add to the fad of the day? If this is just a hobby then sell it for a few dollars over the materials and labor and thank goodness for having fun. Last but not least, do have fun, when it isn't fun anymore, you are doing something wrong, or it is the wrong craft for you. Keep learning more every day. I am almost 80 years old and my craft teaches me something every day., let the piece you are making talk to you, just like writers let the story write itself, the piece will tell you what you need.
Im not even good enough to work with precious materials and already have impostor syndrome 😂😅. This helps so much!
So glad we could help! Wishing you all the success in your jewelry endeavors, whatever they may be! 😊
Thank you for sharing this video content. I priced 65 pieces too low by $35. I went back to my material cost list and recalculated, and added $5 to my hourly rate.
When selling at an event, don't you add a portion of the booth or space cost to each item?
You sure could.
Yes you should add that cost
Thank you, Patty! I like your style and those sun and moon earrings! Do you happend to have a video how to make them?
Thank you Fire Mountain! Great store!
We do not have a video, but here is the link to the step by step instructions: www.firemountaingems.com/resources/gallery-of-designs/nh2t
@@FireMountainGems Thank you for responce! Unfortunatly, for some reason writen instructions of any kind are stressing for me. Idk why😔
What fantastic content :) thank you so much! I will look for your How to be a Bazar (I hope I got the title right? :) ninja ❤ very clear and human, I understand much better now what needs to be considered and under which circumstances apply one or the other criteria :)
Great! So glad you liked it. You can watch the bazaar ninja video here: ua-cam.com/video/YiMH4rpVZbI/v-deo.html
GREAT❤
Thanks! It has helped me out a lot!
Great information video and so much needed. 1question. How do we keep the flocked (black velvet) display stands, etc., free of dust? Thank you in advance to any and all that reply to this question. Michael
We'd suggest wrapping them when not in use and to clean them up, you can use a lint roller on them.
Plus if you got materials at a discount price, should you use that or the no sale price?
Whatever your cost is, whether it was on sale or not.
Excellent video, thank you ❤
Loved it💚 Great explanation!!🙏 Gracias ✨️
Thank you so much for watching!
Is there a turorial on the moon and the sun earing? So cute! Thanks
There is! We do not have a video, but here is the link to the step by step instructions: www.firemountaingems.com/resources/gallery-of-designs/nh2t
@@FireMountainGems 🧡🙏🧡
So if you were going to a Hwy in Chateau one week in the low and show the next week, have you removed and change your pricing tags for each show it seems to be such a time consuming task that you could be designing more pieces
It would really depend on how different the venues and customer base are at each event. If the expected spending of customers is much lower at a different location, it could definitely be worth the time to reprice. You could spend that time making more product, but if the prices are too high, then you may have trouble selling what you originally made in the first place. There is definitely a balance, and it may take multiple shows and locations to start to get a feel for pricing changes.
Hi, I would like to add. The Misc could also include venue rent. Even charity and church venue take away part of income at charity.
Another great point to consider!
What about vantage pieces. Can you price that up a lot more than other similar pieces?
Good evening! Thank you for sharing. How much should you charge as a beginner?
Beginner or not, you should charge a rate you are comfortable with that includes your time as well.
You were going to talk about the hourly rate of 20$… how do you decide what hourly rate to pay yourself? I saw someone recommend from 10-15$ for handmade crochet items.
It really depends on what you are creating, skill level, and maybe even what you are willing to sell something for. If you are looking to make supplemental income, or plan to make jewelry making a main source of income, then $20 an hour is a great baseline amount to start at. Lower than that may not be enough to cover the time spent and the cost of supplies. You may also need to adjust based on the standard hourly wage in the area you live. It may be higher than $20. It can be easy to undervalue your own time, so it's important to set an acceptable baseline hourly rate and then you can always adjust from there!
What’s going on with the frame on the wall that is wrapped with a towel? Is it decoration?
What about price? Is this not sterling silver?