[Jewelry making - Article 01205] - Re: [Orchid] Approaching stores and consignment contracts?

[Carolyn Bensinger]

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All--

    I have found that most stores and galleries who do business on a
    consignment basis use a 50-50 split.  Lots of artists think that
    this is unfair--that they should be making more on their work than
    the person/business selling it.  I would love to find enough places
    that would do a 60/40 or 70/30 split--but I can't.   I do understand
    that the store earns its half by marketing and selling my work, as
    well as having to support employees and pay store expenses.  I
    believe that they earn their 50%.  And they take on the task of
    selling--one that I gladly relegate to them.  If you set your price
    so that you make the amount you need, you aren't losing. 

    The same relationship doesn't work with those businesses that buy
    work outright--they own it.  They make the investment.  And they can
    mark it up as much as they'd like.  If your work is being sold at
    more than 100% or 105% markup, you might want to reconsider your own
    pricing. If you don't like the idea of others making money from your
    work, decide to sell it yourself--shows, online, etc.  But also note
    that when you do this, you are also spending a lot more money (and
    valuable time) doing this. 

Just one person's opinion...
Carolyn

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