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| Re: [Orchid] Wholesale One-Offs | ||
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From: Kennedi Milan Date: Tue Jan 17 21:23:37 2006 |
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========[ Invite a Friend - http://www.ganoksin.com/invite.htm ]======== Dear Noel: > Are you saying that production work is what one needs in order to > wholesale, i.e., one of a kinds will not work in a wholesale > market? That could be... I guess I would hope that the uniqueness > would raise the perceived value in the eyes of the buyers, as it > ideally does with customers. You bring to light the problem many artisan jewelers face today. Speed and production go hand in hand for wholesale work. It is where you will make your money. Many artists I know can't even charge for their labor because they would price themselves out of the market. For the first year and a half of my artisan jewelry business I had a wholesale arrangement with one upscale boutique that nearly bankrupt me. The contract was for 10 - 20 one of a kind peices each month plus custom orders I received from her. (When I say one of a kind, I mean just that, couldn't sell the same item to another store or via direct methods and couldn't make the same item for her boutique twice.) The boutique owner had other local artisan items for sale in her store and wanted to expand to jewelry as well. I thought this was terrific because I thought both she and her customers would understand the *uniqueness would raise the perceived value in the eyes of the buyers.* What a BIG mistake. That is exactly what you stated above...an IDEAL situation. Not only can this be a creative struggle every month, but my art had to compete with the Barse jewelry it sat next to. First of all, it's difficult to get faster at producing work when you aren't making the exact same thing all the time. Yes, your basic skillset will get more efficient but when creating something new all the time, you are opening yourself up to that margin of error, not to mention that it takes time to test run a piece before it goes out to the public. Additionally, the worse the economy got, the more I was expected to bring my prices down to the Barse jewelry (made in Mexico) level. Remember, large corporations don't have to adjust their prices everytime the metal markets change! Don't forget what doesn't sell in a few months, they want you to take back and expect a full refund for. It's the nature of the market we serve. Needless to say, I currently no longer wholesale. I have found that going the artist run gallery/guild route has been very good to me. But with all galleries you need to be very clear in what "production" or "one of a kind" mean. As I read on some of these posts, "one of a kind" to some means that you can make multiples of those "one of a kind" pieces to sell to one exclusive gallery and another set of one of a kind pieces to sell to gallery B. Both of the artist run galleries I am with stipulate no "production" peices, meaning that you can't produce multiples of the same work. I have some specific pieces in mind for production but they are designed with several things in mind (time to make, cost of materials, target customers, etc.) but even those I will sell direct only at art shows to the public. Of late, I have been hearing stories coming from artisan jewelers who did large shows such as Rosen,got big orders, only to have their buyers back out just before the orders were due to ship. While I hope that this particular issue is in the minority (you always hear more from the unhappy folks), it's enough to reenforce my thoughts about selling wholesale. But if you really want to sell via the wholesale route, choose the art you are going to wholesale very, very carefully, be ready to fight for those prices, and don't be discouraged if your work doesn't fly out the door. Sorry if I sound so negative... Kennedi Kennedimilan AT ml1.net ____________________________________________________________________ T h e O r c h i d L i s t Open Electronic Forum for Jewelry Manufacturing Methods and Procedures ____________________________________________________________________ Orchid FAQ: ~ http://www.ganoksin.com/orchid/faq.htm Orchid Archives: ~ http://www.ganoksin.com/orchid/archive Orchid Galleries: ~ http://www.ganoksin.com/orchid/gallery.htm Invite a Friend: ~ http://www.ganoksin.com/invite.htm ____________________________________________________________________ Tips From The Jeweler's Bench - Article Archive ~ http://www.ganoksin.com/borisat/tip_sear.htm The Jeweler's Selected Bibliography List ~ http://www.ganoksin.com/jewelry-books Buy Orchid Jewelry: ~ http://www.ganoksin.com/shop ____________________________________________________________________ -Unsubscribe: -Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank ____________________________________________________________________ |
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