Sunday, August 23, 2009
So, How do you price your beads?
That's a question a posed on a forum that I frequent. How do you price your beads? The answers were quite interesting.
One person said that she felt that pricing beads was like religion and politics. Feathers might be ruffled. I honestly didn't understand that response.
Other responses were really quite helpful. One person said that she paid herself $1 a minute to make the bead or piece of jewelry that she was making. She said that after she made the beads she would sort through the beads and then reprice. Beads that weren't made as well as other were priced down.
Another person agreed with this and included in her pricing system the time she spent photographing and cleaning her beads. I felt that was very helpful, too.
Someone else said that she priced her beads at the level she felt comfortable selling them.
We also had a brief discussion about hobbyist versus professional. Most of us agreed we want to make enough money to pay for our glass and tools.
Now, I'm throwing this same question out to you professional bead makers. How do you price your beads? What criteria do you use?
For you who buy beads, what criteria do you use when you buy beads?
I'm still struggling with pricing my beads. Help!