Tips for Pricing Your Jewelry

© by Rena Klingenberg; all rights reserved

Pricing your jewelry can be one of the most confusing aspects of your business. In this collection of articles we'll learn how to determine the jewelry prices that are profitable for you, and suitable for your market.

Pricing jewelry involves knowing (and controlling)
the cost of your raw materials

Deciding How to Price Your Jewelry

Jewelry Pricing Formula
A jewelry pricing formula can help you determine how much to charge for your creations. Here's the two-step system I use for pricing jewelry for maximum profitability. Readers often ask me how I price my jewelry, so here it is!

Pricing Handmade Jewelry Too Low
Join in on this discussion on the pros and cons of setting low prices on your jewelry.

Price Points for Your Jewelry Line
Guest author Sandy Paluzzi details the strategy of offering jewelry at various price points to increase your chance of making a sale. Tips on determining price points for your jewelry line.

Pricing Your Goods
Guest author Sandy Paluzzi discusses different methods of pricing your jewelry. Learn how to determine the best pricing for your jewelry and market.

Jewelry Pricing and Your Customers

Haggling with Customers
Haggling with people who want to bargain over your jewelry prices is something you'll have to deal with occasionally. Try Cindy Cherrington's tips for deciding whether to bargain, handling hagglers, and alternatives to reducing your prices.

A Deal Your Jewelry Customers Can't Refuse
How to sell more jewelry with volume discount pricing. (Article from my newsletter.)

Why People Buy Jewelry in This Economy
MJ Morris shares insights on pricing strategies and why people buy jewelry in difficult economic times.

Raising Your Jewelry Prices

Pricing Jewelry for Maximum Profit
Pricing jewelry is a tricky issue. Will raising or lowering your prices help you sell more jewelry? The answer may surprise you, as guest author Patricia Snow discusses her experiences with jewelry pricing.

Is Your Jewelry Price Right?
How do you know whether your jewelry price is right? When Debra Bostock's customers said she wasn't charging enough, she gave herself a raise.

Your goal in pricing your jewelry is
to set a price that's fair for your
customers and profitable for you.

Charging for Your Time

Jewelry Pricing: The Time Factor
Jewelry pricing is a challenge for most artists. One of the trickiest elements in determining a price for your work is placing a value on the time you spend creating a piece. Lynne Richardson offers helpful insights into your jewelry-making time and its monetary value.

New Perspective on Pricing Your Art

Pricing, Art, and Karma: She Works Hard for Her Money
Pricing and accepting money for your work is one of the hardest tasks for many creative people. Carolina Gonzalez offers this new perspective on pricing, art, and Karma.

Keeping Your Prices Competitive

The Price Is Right for Handcrafted Jewelry
Pricing handcrafted jewelry involves three important elements - understanding your costs, keeping your prices competitive, and offering discounts. Laura Lesan covers these elements in detail.

Jewelry Pricing Terminology

Jewelry Pricing Terms - Retail, Wholesale, Sample Sale
What's the difference between retail pricing, wholesale pricing, and sample sale pricing? These quick definitions will help you be an informed jewelry businessperson when it's time to discuss your pricing.

Jewelry Appraisals

Jewelry Appraisal
A jewelry appraisal involves a number of calculations and factors to determine "what it's worth". Guest author David Foard explains some of the considerations used in valuing jewelry, to arrive at the same figure anywhere in the world.