New to forum new to silversmithing

Hello everyone,

I am curious on how some of you will price your work/repairs. I don’t plan on selling any of my work for a little while longer. I’ve don’t multiple ring resizing ad well as a locket repair for family. All of which has been sterling solver. I’ve read multiple books and have been stuck on this forum since I found it. I’ve done quite a few online workshops and even went to my local jewelers to ask questions. But the one thing I haven’t found much information on is how one prices their work. I’ve made quite a few rings that I’ve given aaay to close friends and family not expecting anyone to like it since in my eyes it was work from an amateur. I would like opinions on how some of you price work. Thank you in advance

P.S I typed this in my phone since I’m at work so excuse the mistakes in spelling and grammar *

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Don’t give it away!!! We all have probably done it,I know I did at the beginning. I detest sales and I am the worst but seriously your work, your time, skills that you have. Every time you turn on the torch it is real.

I’m sure lots will weigh in here, at letting hope so!

For every job at the beginning I used to make two, just saying.

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Welcome to the forum! I think you’ll find this is a very supportive community. The question that you asked about pricing your work is a big one that goes back to the early days of the forum. To get started I’d recommend using the search function to review some of the past threads on the topic.

I typed in “pricing your work” and got over 50 threads.

https://orchid.ganoksin.com/search?q=pricing%20your%20work

Hopefully you’ll find something useful. I’m sure others will add in fresh comments as well.

Again! Welcome!

Jeff

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Hi,

here is a recent thread about repair pricing that you might find helpful, as a starting point to thinking about how much to charge…

also, try searching “pricing” on the forum

julie

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Julie and Jeff are correct. Pricing has been a recurring topic forever. While you will find information and encouragement here, the best thing to do is to just start. Before you do, take into account all of your direct and indirect costs, get a card printed, start a website or FB page that you can direct potential customers to. It’s also OK to make a profit. As Jo says, a plumber makes $75-$100 an hour, we should too. In the end, you have to feel good about what you sell. Find a market, get yourself out there, make a name for yourself, do something unique. Doing shows and consigning also works, but be careful. A show can be expensive if you have to travel and stay the night. Most consignment shops want 50%. This is tricky, so calculate a wholesale price that includes all of your expenses and some profit, then add the 50%. We all struggle with pricing, so take a look at the 50+ threads. Good luck…Rob

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Hi,

Another thing…comparison shop…look at what others are charging for their work…similar work…

…i have found that there are “price ranges” and “categories of work/skill”…within “categories of jewelry” (ie: rings, pendants, bracelets, earrings, etc…) hopefully you will begin to see trends and patterns in pricing…

julie

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