Selling Your Jewelry

Lots of people ask my opinion about selling jewelry.  What usually happens is that you make a piece for yourself or perhaps a friend and others see it causing the inevitable question “do you sell your jewelry?”.  You may not have even though about it but when you do, you say “why not?”.

So, where do you start?  Well, one thing to think about is what to price the pieces at.  In this economy I am finding that if you price your pieces below $20 you will sell more.  Perhaps a necklace and earring combo for $18 or just earrings for $10 or less.  But how do know how much money you are making.?

The first step is to actually price everything in your piece.  You may have bought a whole strand of beads for $3 but how much for each piece?  Perhaps you only used 5 out of the 25 on the strand… well that puts your cost for those beads at .60.  Your necklace cost may be $7-10 after doing this type of breakdown. 

Buy in bulk.  Here at the store we do have many people make and sell their jewelry and to make things more cost effective for you, we sell in bulk.  Ear wires, headpins, chain, spacers, crimp beads… you get the idea.  The more you buy the more you save.  If you really want to save just call me if you want large quantities of something… i.e., headpins come in 1/4 lb up to 1 lb per bag and I give you a great savings… same thing on chain. 50 ft on a spool and I pass the savings on to you.

There are other aspects of selling your jewelry and many more questions.  Let me know, I’m here to help.  Always look at different magazines, shows and stores to see what is “in” and how you too can partake of the craze.

 

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