Pricing Your Handmade Jewelry: Tips from Etsy Experts

29 Nov 2011

One of the hottest topics on jewelry-making forums is how to price your handmade jewelry and sell in brick-and-mortar shops as well as online shops and sites like Etsy. The divide between pricing your jewelry designs high enough to make them profitable but affordable enough to actually sell is full of conditions and nuances that are different for everyone, so there's no one formula to help jewelry makers price their work.

Some folks (myself included) have become comfortable with the formula of cost of materials plus one-and-a-half or two times the cost of materials for your time, but this doesn't work for people who do simple work with very expensive materials, or intricate work with very inexpensive materials, so the debate carries on. How do you account for style in that formula? In particular, what's the "added fee" for your own clever work and brilliance, especially for truly unique jewelry designs? I'd love to hear your thoughts about it in the comments below, and here's a fun tweet-chat discussion from Etsy about pricing your hand-crafted jewelry to get you rolling.

Update: Hot topic! There's a great chat brewing on Facebook about this topic this morning, in which this little gem about the cost of handmade from Somer Sherwood was shared. Excellent post! Read it and be validated!

 

 


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Comments

on 27 Dec 2011 7:47 AM

We would all like to start out selling our unique handmade jewelry  pieces for hundreds of dollars but the simple truth is that without demand or a designer label it is not likely to happen. However, as a new handcrafted jewelry artisan just entering the marketplace you have the unique opportunity to establish buyers who can grow with you, perhaps into avid collectors of your work.

Read  the rest of the article here:

copperreflections.com/.../how-to-price-your-handcrafted-jewelry-to-sell-more-handmade-bracelets-earrings