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MrsR
My love.
Member since 5/05 6247 total posts
Name:
Jennifer
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Need some honest pricing advice please!!
I hope you guys don't mind me asking - but I need some advice on pricing my new line of sterling jewelry I designed and make and I figured this would be a good place to get a bunch of answers.
I have been looking around the internet for similar items and pricing ideas - and I am really surprised at how varied the prices are.
I dont want to overprice myself - but I dont want to underprice either - it takes me a long time to make this jewelry. It's all handmade and high polished sterling silver.
I am going to post some pics - can you guys give me some HONEST ideas of what you would pay for them max) retail - I am curious to see if it's inline with what my ideas are.
TIA!
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Posted 10/22/05 10:51 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
MrsR
My love.
Member since 5/05 6247 total posts
Name:
Jennifer
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Re: Need some honest pricing advice please!!
Earrings: They are also hammered and high polished
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| Posted 10/22/05 10:51 AM |
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SoinLove
Making big changes
Member since 5/05 16541 total posts
Name:
Kristin
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Re: Need some honest pricing advice please!!
Wow, it's beautiful! I don't know much about jewelry pricing, but I'm sure that if you stress the fact that it's handmade, people will pay more for it.
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| Posted 10/22/05 10:59 AM |
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SoinLove
Making big changes
Member since 5/05 16541 total posts
Name:
Kristin
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Re: Need some honest pricing advice please!!
I was just looking up handmade jewelry prices and the majority seemed to be in the $50-$100 range. Don't know if that helps at all.
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| Posted 10/22/05 11:08 AM |
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Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
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Re: Need some honest pricing advice please!!
I would easily pay $60-85 dollars for the necklaces.
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| Posted 10/22/05 10:28 PM |
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Luvlylady
Earned My Bragging Rights!
Member since 5/05 6141 total posts
Name:
Alexandria
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Re: Need some honest pricing advice please!!
What beautiful pieces
I love your work Jenn
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| Posted 10/22/05 10:38 PM |
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Luvlylady
Earned My Bragging Rights!
Member since 5/05 6141 total posts
Name:
Alexandria
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Re: Need some honest pricing advice please!!
You should call News 12 again
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| Posted 10/22/05 10:39 PM |
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Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
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Re: Need some honest pricing advice please!!
Jen, I love your jewelry! I don't know about pricing, but I can definitely see myself paying $60 or so for something like that!
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| Posted 10/22/05 10:40 PM |
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Diana1215
Living on a prayer!!!
Member since 10/05 29450 total posts
Name:
Diana
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Re: Need some honest pricing advice please!!
I think that you should def. stress that the jewelry will be one of a kind - girls love to think that they are the only ones wearing it. It depends on who your selling to - they can range anywhere from 50 - 125 I think.
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| Posted 10/22/05 10:42 PM |
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MissJones
I need a nap!
Member since 5/05 22132 total posts
Name:
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Re: Need some honest pricing advice please!!
I think the hearts and shapes can easily get $65-75. The Dragonfly could be more easily. The earrings I could see getting $45. Probably more. Good luck!!!
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| Posted 10/23/05 9:50 AM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Need some honest pricing advice please!!
Ok, I am being HONEST here. First of all, it's beautiful.
If I were you, I would start lower to get your jewelry out there. My friend is an artist and makes BEAUTIFUL handmade jewelry, and when she first started, she priced it too high and no one bought it. Then she lowered it ridiculously and sold a ton. Now people look for her at trade shows and craft shows because they know her work and she can charge a lot more.
I would start at $25 or $30. This way it's affordable. Once you get your name out there, slowly increase the price. OR, have your prices based on the amount of work that goes into making a particular piece of jewelry. This way people will feel like they are getting "more" for their money when they spend a lot more. Does that make sense?
Again, your jewelry is gorgeous! I'll have to tell me friend she has serious competition out there!
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| Posted 10/23/05 11:00 AM |
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fabrichick
LIF Adult
Member since 5/05 2479 total posts
Name:
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Re: Need some honest pricing advice please!!
I just sent you FM
Message edited 10/23/2005 12:05:40 PM.
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| Posted 10/23/05 12:05 PM |
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MrsPorkChop
Twinning!!
Member since 5/05 9941 total posts
Name:
Missy
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Re: Need some honest pricing advice please!!
before reading the responses on this post, $60 came to mind
great work! maybe daily candy will pick you up
www.dailycandy.com
good luck with your business!
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| Posted 10/23/05 7:58 PM |
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btrflygrl
me and baby #3!
Member since 5/05 12013 total posts
Name:
Shana
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Re: Need some honest pricing advice please!!
gorgeous pieces...my grandma is REALLY into jewelry and knows her stuff...
she said depending on how weighty your pieces are,
$50-$60 for the necklaces and $35-45 for the earrings
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| Posted 10/23/05 8:12 PM |
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justme1
Proud SAHM
Member since 5/05 1955 total posts
Name:
Jodi
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Re: Need some honest pricing advice please!!
Before reading the posts 50 dollars came to my mind.. Im not into jewlery but I know a friend that is that im sure would pay more then me for those necklaces.
I would think if you are just starting out to keep your prices as low as you can, making a minimal profit to get your name out there.
They are really beautiful.
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| Posted 10/23/05 9:16 PM |
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Re: Need some honest pricing advice please!!
Me too, before reading the posts $50 for the shapes, up to $75 for the heavier dragonfly and 25-35 for the earrings.
Question - how heavy are they? That might make a difference too. If it has some weight to it I would be concerned about the chain being strong enough, or do I see it doubled up in one?
Good luck I love them!
Edited to add that they really are truly unique, I am sure if you found the perfect niche some would pay WAY more for your pieces. I just wouldn't because its not that important to me, but I could totally see someone paying $100 or more....
Message edited 10/23/2005 11:31:32 PM.
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| Posted 10/23/05 11:28 PM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: Need some honest pricing advice please!!
I was just in Banana Republic the other day and they have very similar designs in the necklaces. They were about 40 dollar range. And i think i would start about that.
I think pricing any higher you are risking people going elsewhere to get it.
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| Posted 10/24/05 6:28 AM |
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MrsR
My love.
Member since 5/05 6247 total posts
Name:
Jennifer
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Re: Need some honest pricing advice please!!
Posted by Luvlylady
What beautiful pieces
I love your work Jenn
Thank you!
Thanks everyone- I really appreciate the advice. I have a big show this week and wanted to make sure I kept the prices in a sellable range. You really helped me out a lot.
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| Posted 10/24/05 7:27 AM |
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