How to sell and price your jewerly Part 1 (Subscriber Questions) by HoneyBeads1

I forgot to say 1 thing in the video. If you use my formula, cost of materials + hourly wage + fees + check the market. Don't forget to add a percentage if you want to add a discount. So for example:

Cost materials: 5 dollars.
Hours: 2 hours (10 dollars per hour) = 20 dollars.
Fees (etsy or maybe stand fees devided by your pieces roughly) fees etsy + paypal 7% but I take 10% for that, also for relisting fees.
Discount you want to be able to give: 30%.

5 + 20 = 25
30% of 25 = 7.50
25 + 7.50 = 32.50
10% fees of 32.50 = 3.25
32.50 + 3.25 = 35.75

Market sells it for 35 dollars. Go for 34,95 to be set on the right price. Find this to high? Try to sell it this way first. Not selling? Then try the discount!
Time table for the questions:

Question 1: 2:33
Is there a price formula?

Question 2A: 21:25
Is it unethical to sell your jewelry on a discount to your friends?

Question 2B: 23:25
Is it unethical to sell your jewelry cheaper on a low end market then on a high end market?

Question 3: 27:44
What do you charge when your materials are cheaper but you take 2-3 hours to make a piece?

Question 4: 31:12
Where can you sell your jewelry besides craft shows?

Question 5: 37:00
How do you sell low cost items and high end items together?

Видео How to sell and price your jewerly Part 1 (Subscriber Questions) by HoneyBeads1 канала HoneyBeads1