What is the forumula when it comes to pricing jewlery to sell .Ie: bracelets,necklaces etc ?
- they say there's a special forumula for pricing jewlery that's made so you give the customer a fair deal and not under-sell your self at the same time. if you know what is is let me know thanks.
materials + (hourly rate X hours spent working on it) + reasonable profit = price
some sample prices for beaded jewelry might be:
Simple drop earrings w/silver findings--$20
Strung necklace w/semiprecious stones-- $50-$100
Strung necklace w/fancy glass beads-- $30-$50