MINI LESSON: Jewelry Pricing Formula

Most jewelry designers are not smart about pricing their jewelry. Often, they “underprice” or "overprice" their pieces.   They don’t charge for their labor.  They feel awkward asking for a higher price.  They sometimes overvalue their labor.  In either case, there is a lack of knowledge about the true costs of all the parts and activities that go into creating a piece of jewelry, and how to manage all these costs.  Learn a formula, with small, detailed step-by-step instructions.