If you create one of a kind pieces, I’m looking for your past
experiences and opinions on a pricing matter. Have you ever made a
piece, loved the way it turned out, but had that sinking feeling
that it doesn’t “look” like the amount of money it totals up that you
should sell if for? I know about the various formulas for cost and
markups and what not (I’m not new to this business). And, I’m not
into giving my work away- I know first hand that undercutting
yourself doesn’t help anyone in this business.
But the questions remains- do you price it like the math adds up and
just see what happens? Or do you adjust to a number that seems more
realistic based on the visual assessment you get when holding it in
your hand? (and then learn from this and adjust what you make in the
And to clarify, I’m talking about something you make on speculation
that is going into your showcase to sell, not a custom made piece
specifically for a client.
I’ve had this dilemma a couple of times over the years and I was
wondering how you all dealt with this. I am leaning towards pricing
it with the math and seeing what happens, but I am curious to hear
Thanks and take care.
Sunrise Jewelry Originals