Help with Pricing Wire Jewelry

by Dale Armstrong
Question:

I have trouble knowing how to price my jewelry! Some say I am too high, and others say I am not charging enough! My method is double what it cost me to make the piece, is this correct? Please help!

-Nancy in Wilton, Iowa
Instructions
Answer:

Oh my goodness! With the cost of supplies changing daily, using a formula like this (cost x 2) means that you are making your work for free! Please check out this article, How to Price Your Jewelry, and begin making some money for your art!

You should also consider checking out The Definitive Guide to Selling Handcrafted Jewelry, which goes even further in-depth about pricing, selling, and other aspects of the jewelry business.

Answer contributed by Dale "Cougar" Armstrong

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The Definitive Guide to Selling Handcrafted Jewelry
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  • definitive_guide
  • Lesson Quantity: 1.00 pieces
  • Purchase Quantity: 1.00 each
  • Price: $177.95
  • Gold Club Price: $133.46
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Jewelry Show Checklist - Everything You Need to Have a Successful Show PDF
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  • jewelry_show_checklist
  • Lesson Quantity: 1.00 pieces
  • Purchase Quantity: 1.00 each
  • Price: $29.95
  • Gold Club Price: $22.46
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Jewelry Homeshow Kit- Everything You Need to Have a Successful Show
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  • jewelry_homeshow_kit
  • Lesson Quantity: 1.00 pieces
  • Purchase Quantity: 1.00 each
  • Price: $49.95
  • Gold Club Price: $37.46
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5 Tips to Sell Your Jewelry on Etsy PDF
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  • Lesson Quantity: 1.00 pieces
  • Purchase Quantity: 1.00 each
  • Price: $19.95
  • Gold Club Price: $14.96
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Wire Java: Your Hot Workbook Guide To Selling Your Jewelry!
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  • wire_java
  • Lesson Quantity: 1.00 pieces
  • Purchase Quantity: 1.00 each
  • Price: $27.95
  • Gold Club Price: $20.96
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  • Category: Selling
  • Technique(s): Selling