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Knit_wit
 [ Ringlet ]
Joined: August 25, 2006 Posts: 7 Submissions: 0
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| prices |
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| Posted on Fri Aug 25, 2006 4:21 pm |
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| Im new to selling my stuff and i was wondering if anybody might have a suggestion or 2 about how to price what you sell if for. |
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Joined: August 14, 2006 Posts: 1798 Submissions: 40 Location: McPherson, Kansas
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rob000245
 [ Big Voice ]
Joined: May 01, 2006 Posts: 128 Submissions: 0
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| Posted on Sat Aug 26, 2006 1:54 am |
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i sell sterling bracelets mainly for 20 $ but i suppose i get the sterling silver cheaper than most people get it and for materials that arent of good quality i may sell bracelets for 5-10 dollars
did i forget to mention i have never sold any thing |
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Demosthenes
 [ Grand Master Speaker ]
Joined: December 02, 2003 Posts: 597 Submissions: 14 Location: Vancouver BC
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| Posted on Sat Aug 26, 2006 2:00 am |
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$20!! Thats freaking amazing, how can you afford that? Thats what I would charge for copper. You must either get your silver for ridicolously cheap or have absolutely no profit margin. (and don't forget labour) The cheapest bracelet I make in sterling costs at least $100. You may want to consider raising your prices or nobody will beleive its silver.
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Metalchick
 [ Voice ]
Joined: October 07, 2003 Posts: 51 Submissions: 0 Location: Dartmouth NS
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| Posted on Sat Aug 26, 2006 4:02 am |
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I agree, that's crazy!!! If you're making a quality product that you put your time and effort into, WHY would you charge so little? I hand make all of my rings and saw cut them by hand with a jeweler's saw, I put every effort into making closures seamless and making the best piece that I can - which is much better than a machine made piece of crap, average, not "one of a kind, hand made", jewelery store necklace or bracelet. You should charge prices that you think your work is worth, that reflect the time, effort and creativity that you put into the specific piece. Sorry if that sounded like a rant but you should be proud of and confident in your artistic ability, not charge what you think the raw material is worth. If you look in the articles section, you'll find alot of good advice. You should be able to adapt this and come up with a fair price for your jewellery - [/u]Don't sell yourself short but don't over-charge, make your customers happy and coming back for more.
Metalchick [/quote] |
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Metalchick
 [ Voice ]
Joined: October 07, 2003 Posts: 51 Submissions: 0 Location: Dartmouth NS
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happysparkle
 [ Big Voice ]
Joined: August 04, 2006 Posts: 188 Submissions: 1 Location: The bloody desert, U.S.A.
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| Posted on Sat Aug 26, 2006 3:27 pm |
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Personally I find that if you charge too little for a good product, people tend to wonder why and they normally come to the conclusion that the quality is not as high as they might want - I mean, look at the price and quality of jewelry in some place like Walmart. The general jewelry- and art-buying public know that you get what you pay for. You should definitely be charging more. People will gladly pay twice that and more for quality handmade stuff. I know when I tell people what I chrage for portrait sittings, the first thing they ask is why I don't charge more for such a specialized skill (and I still make a GOOD amount - $10 materials fee and $30/hour). You have a rare skill, being a mailler, and your prices let people know just how unique that is.
Just my two rings, being a jeweler/artist.
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BMR
 [ Ancient Forge ]
Joined: June 21, 2006 Posts: 1276 Submissions: 10 Location: The Philippines
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| Posted on Sat Aug 26, 2006 8:56 pm |
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You can usually get away with high prices if you can throw a good sales pitch. Not to mean that I encourage overpricing, but many people don't understand the work that goes into maille that would justify high prices. A good pitch is 50% of a sale, getting buyers to understand just how much work, time and love go into each piece will ensure that you won't have to sell your pieces for less than they be worth.
_________
Being from the third world, BMR claims the right to speak in the third person. |
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Knit_wit
 [ Ringlet ]
Joined: August 25, 2006 Posts: 7 Submissions: 0
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| well |
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| Posted on Sat Aug 26, 2006 11:14 pm |
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| ok then since everybody has a good head im making a 20 gauge stainless steel 5mm ring bracelet that is 2 inches thick and 8 inches wide. usinge the euro 4 in 1 stich. I start from scratch and i was thinking a good price should be $200 to $300 how much would you all charge. |
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Harold
 [ Senior Kibitzer ]
Joined: August 20, 2005 Posts: 41 Submissions: 0
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| Posted on Sun Aug 27, 2006 7:04 pm |
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For that 20g 5mm euro 4-in-1 bracelet i'd pay 30-35 dollars max.
i'm making 18g 5mm euro 4-in-1 bracelet from copper-cored silver wire for, umm, 40-50 euros (45-55 bucks). I have made a fine stone and attach that to this bracelet to justify "high" price.
Yeah, i got your sarcastic price...  |
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zenmamajen
 [ Senior Kibitzer ]
Joined: June 23, 2006 Posts: 37 Submissions: 0
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| Posted on Sun Aug 27, 2006 8:29 pm |
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| Me, I'd price that 20-ga stainless somewhere around $100. My "formula" is simple, I aim for around $12 to $15 per hour, then I'd add more for precious metals. I'm also taking less time than you would since I'm using pre-cut rings. This is also just fun-hobby-learning price, as I get better, then I'll start charging more. |
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Harold
 [ Senior Kibitzer ]
Joined: August 20, 2005 Posts: 41 Submissions: 0
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| Posted on Mon Aug 28, 2006 4:40 pm |
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| Greed bastards... I've charged 5e (~4 dollars) per hour for years. When i started to sell smaller items, I got greed and nowadays i have "high" prices like i said: ~9 dollars per hour |
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Knit_wit
 [ Ringlet ]
Joined: August 25, 2006 Posts: 7 Submissions: 0
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| bleh |
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| Posted on Tue Aug 29, 2006 4:14 am |
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well then i guess i should try and tone down my price for that bracelet... the only reason it was so high is because a few jewelers have looked at it and suggested that price for matereal cutting time and work. Oh well what is the best way to cut 20 gauge stainless steel the only cutter i have that works is a bolt cutter.  |
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zenmamajen
 [ Senior Kibitzer ]
Joined: June 23, 2006 Posts: 37 Submissions: 0
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| Posted on Tue Aug 29, 2006 4:55 pm |
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| Harold wrote: | | Greed bastards... I've charged 5e (~4 dollars) per hour for years. When i started to sell smaller items, I got greed and nowadays i have "high" prices like i said: ~9 dollars per hour |
It also depends on your market. I live in an area where people have both appreciation for the arts AND have money to burn. So I can probably charge an amount that might seem high somewhere else, but is perfectly reasonable here. As long as I'm selling, and have a demand that I can keep up with, my price is right for me. YMMV. |
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Harold
 [ Senior Kibitzer ]
Joined: August 20, 2005 Posts: 41 Submissions: 0
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| Posted on Tue Aug 29, 2006 5:22 pm || Last edited by Harold on Tue Aug 29, 2006 5:23 pm; edited 1 time in total |
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| Ahh, posting troubles. |
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