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Topic: Off topic: Reasonable prices for fine beaded jewelry?

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Subject: Off topic: Reasonable prices for fine beaded jewelry?
Date Posted: 11/20/2008 10:57 AM ET
Member Since: 1/11/2007
Posts: 1,646
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I'm conducting a mini-survey. 

 

What would you consider reasonable prices for fine quality beaded jewelry.  By this I mean, one of a kind hand crafted pieces with sterling silver and swarovski crystals and semi-precious stones?   I'm asking because despite all my work, I haven't sold a single thing yet and my husband is saying "don't even bother -- you'll never sell anything."

 

For earrings?  Mine are approx. $10 and I'm just breaking even on them.

 

How much would you pay for a bracelet?  I'm thinking around $20.

 

For beautiful necklace and earring or necklace and bracelet sets, is $50 - $100 a reasonable price?  Mine are in this range and yet I haven't sold anything!



Last Edited on: 11/21/08 12:37 PM ET - Total times edited: 1
Date Posted: 11/20/2008 12:28 PM ET
Member Since: 7/25/2005
Posts: 24,890
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I don't think this type of question belongs in the Love & Romance section.  You might get better results in the Crafting area.

Just my two cents worth.

 

 

Date Posted: 11/20/2008 12:47 PM ET
Member Since: 3/24/2008
Posts: 271
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Are you networking? You should also set up a myspace or facebook and get your business out there. I wouldn't know what to price it. really I am cheap I only buy stuff that is on clearence.

Date Posted: 11/20/2008 2:24 PM ET
Member Since: 7/31/2006
Posts: 14,634
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I also think they'd know better on the crafts forum..and there's been a few etsy threads on the club member's thoughts discussing artists on etsy..very tempting.l actually like quite a bit of your jewelry but my luxury right now is books and just don't have money to spend on jewelry with everything being more expensive  nowadays. The rich and people who love jewelry the type you make who  happen to have a good job or rich hubby are probably gonna be the only ones able to buy luxury items right now unless they're shoppiing for a gift and even then that's expensive to pay for a gift. if you haven't done it already search 'etsy' and find those threads and post in them and ask because people interested in this type stuff have been posting/reading those threads. i really liked the paintings/drawings of some artists mentioned in the 'favorite etsy artist' thread but there's another thread for tips on selling on etsy or something along those lines.

Date Posted: 11/20/2008 2:32 PM ET
Member Since: 8/9/2007
Posts: 4,058
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Heya Claudia.  This doesn't really answer your question, but hopefully it' be helpful advice.  I personally don't think the pricing is the problem.  Nor is your ability to put together pretty pieces of jewelry.  Some of your pieces are very pretty.  I've been into crafting for a really long time, and one thing that remains pretty constant is that everything that you can craft and sell has a limited time window in which it remains profitable to make & sell.  At some point, everyone else will start doing it and the supply exceeds the demand.  Beaded jewelry has been around long enough now, that what's selling now is things that are different or really unusual & unique in some way.  I think the days where you can order or go into the craft store & buy jewelry making supplies like crystal & glass beads, charms, etc.  - as pretty as they are, and some are gorgeous - and make jewelry that is moderate to very profitable to assemble & sell, are on the wane.  It's on the back side of whatever that whatchamacalit marketing curve thingy that business people and investors use to calculate the life cycle of a market or business trend.  Not that hand beaded jewelry in general isn't selling; I'm sure it is.  But the novelty of it has definitely worn off, and there are scads of people selling it online and elsewhere who have been at it for quite a while, and are well established with a certain level of repeat business.  Breaking into it is going to be really tough.  I think anyone enjoying some success at that will need to have something very unusual in their product line.  Just having talent with putting the materials at hand together into something attractive isn't going to be effective at setting someone apart.  What's really called for is a change in the materials at hand:P  Something unique in terms of a different or really unusual & creative raw material that the jewelry is made from.  Hand fired glass and/or ceramic beads, metals that are hand cast or hammered & then crafted into jewelry by the artisan, rather than mass-produced for crafters.  And I think the raw materials used don't necessarily have to be expensive or difficult to work with either.  Clay, wood, papers and fabrics, for instance are still viable mediums for jewelry making and other crafts.  They just need to be used in a way that nobody else is using them.  Anyway, just my two cents worth:P

Date Posted: 11/21/2008 12:35 PM ET
Member Since: 1/11/2007
Posts: 1,646
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I know this was off topic, but since this forum is all women, I thought it might be a good place to ask anyway.

Date Posted: 11/22/2008 9:52 AM ET
Member Since: 10/19/2007
Posts: 1,028
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Imo, your prices are in the perfect range.  The only problem is that it is similiar to the pricing that one would spend at TJ Maxx or Marshalls and basically when people make a purchase it's usually an impulse buy.....they're out browsing and something catches their eye.  With internet sales, someone has to want what you're making and seek out your site.  With stores like those on the street, the traffic is high and the purchase is immediate.  Good luck.

Date Posted: 11/22/2008 2:27 PM ET
Member Since: 6/24/2005
Posts: 356
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Claudia, tough to get any kind of business going now, takes time to sell, make a profit.  On the net, there's lots of competition, and one of your problems is getting enough people to your site looking first.  So you need to make sure your page has proper meta tags to show up in search engines, and then to find a way to get the word out on the net somehow.   Some people pay for ads on other sites with related interests, some get others to mention the site around, say on blogs, or you give away something at some contest site - a few ways I can think of, and even then, who knows.  One site that seems popular a friend had sent me to is bloggy giveaways, think I mentioned that in a previous post.  You let them post a contest there (think it has to be $75 worth), cost of doing business, but at least you get people over there looking as to enter they must go to your site and come back and post what their favorite item is.  I know I've bookmarked a couple I liked to return to in the future when shopping for gifts.  Good luck.