How To Price Your Beaded Jewelry For Sale
For many beaders that are interested in making a supplemental income from their work, one of the most difficult things to do involves pricing your beaded projects. If you want to earn money from your work, it is important that the price for your jewelry includes two things. Your price should include your beading material costs and a nominal amount for your time.
There are a lot of beaders that choose to not include a fee for their time, because they believe that since they created their beaded projects on their spare time that time was not a factor. The thing is you would not go work for forty hours a week, and turn around and inform your employer not to pay you for your time that you worked, beading is the same way. The time that you spent on creating your beaded piece of art should be compensated for.
When trying to decide on what you are going to charge for your beaded projects you need to consider your cost of materials plus add on an additional twenty five to forty percent for your initial profit. Make sure that you also add an hourly rate onto that price to compensate you for the time that you spent creating the piece of jewelry.
The price that you set can be anything from five dollars to twenty dollars per hour. It will be up to you to select a number that you are comfortable charging for the time that you spent creating your beaded jewelry.
You may also want to include additional overhead charges into the amount that you charge for your jewelry creations also. Pricing your beaded projects for sale can be difficult to do. You will get some people that will complain that your prices are too high. However, it is important to consider what you will get once your jewelry design sells. If you took the time out of your day to create a beautiful piece of jewelry, you should be paid justly.