Sandra; Lets talk about pricing.
One of a kind. Materials +20%+labor+profit=wholesale / wholseale
x2-2.5 depending on the gallery is retail.
Materials is the cost of ALL materials used in the production of
the piece. Saw blades, lost metal dust, refining fees, tools
depreciation and depletion, electric bills, studio rent and
insurance etc. cost of doing business. the 20% is for breaking
down size lots as a jobber.(Jobber is someone who buy large lots
and then sells smaller lots of the same item at an incresed
labor is the time you spend working on the piece. the time to
get the design correct, to gather the materials, to answer the
phone, to do your taxes, to open the mail. any and all labor used
in the day to day business as well as that targeted at a specific
piece.Try keeping a diary of you time for a week and you will see
what i am talking about. Lawyers do it.
oh and don’t forget a design fee. If this is the best design you
have ever done shoulden’t it be worth more than the worst?
Last and not least is the profit you feel you should make for
being in business and that is each mans own business.(no pun
I know this is all very difficult but my point is you must take
in the business aspects of being a jewelry artist if you are to
be successful and prolific…
It takes a while ,but shop around and see what other people are
charging and what people are paying for mass produced pieces in
the chain stores and you will find you can charge whatever you
feel is fair and sometimes even more. Remember we are also
selling art, mystery, romance and individuality. who can put a
price on these??
to sum it all up and i hope i don’t offend anyone but i like
this old cliche. (business is business and there are no $1,000 a
night hookers only $1,000 a night johns). its all in the
Frank(now off the soap box)