- MINI LESSONS
- JEWELRY CLINICS
- JEWELRY CLINIC Pricing Formula
JEWELRY MAKING CLINICS
These one hour classes are usually scheduled on a Thursday late afternoon at 5:00pm. Each Clinic focuses on mastering a specific skill.
The fee is $15.00, which includes instruction, handout, and materials. Tools are provided. You do not have to bring anything except yourself.
You will need to pre-register for these (615-292-0610), or online at https://landofodds.com/jewelry-making-clinics/
**CURRENT CLINICS: (See Google Calendar, or check with store, for schedule.)
Apply A Pricing Formula To Price Your Jewelry
Most people either underprice or overprice their jewelry, when trying to sell it. Often they do not account for all the costs involved, or do not have a consistent way of taking these costs into account. In this Mini Lesson, we learn to apply a formula which interrelates the costs of parts, labor and overhead. The formula is used to create a fair retail price. It can be adapted to create a fair wholesale price, as well. We learn about the different cost components. We learn this simple formula and how to apply it. We use the formula to price 4 different pieces of jewelry. We discuss marketing strategies related to pricing. We go over the differences in pricing and selling relative to retail, wholesale and consignment.