[Jewelry making - Article 00292] - Re: [Orchid] The cost of holding out

[Annette Andres]

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>             I have heard that one way to sell the slow movers is to
>     raise, not lower, the price. An acquaintance who sells wire-wrapped
>     jewelry swears this works for her. Anyone else had this
>     experience? J. S. Ellington 

    Yes I have. Last summer I worked with my 19 year old daughter so she
    could make a simple silver ring with a 5mm cab to sell along with my
    more elaborate pieces at the summer art festivals I sell at. I
    wanted her to quickly sell her pieces and be excited about learning
    to make jewelry so I priced them at $24 to sell quickly. We didn't
    sell one at the first show. I turned the numbers around $42 and we
    sold them all and had to make more. The fact is they should be $42
    or higher with the labor and all involved. Annette

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