[Jewelry making - Article 00612] - Re: [Orchid] How to work out a reasonable pricing?

[Terry Ogden]

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Nicky

>     Can anyone help me on how to I work out a reasonable price 

    I know you will be buried in suggestions, but I will tell you what I
    heard from an old woman who went to Santa Fe, 

    Retail price for you goods
    Materials X 5 gross
    Labor Going hourly rate you feel your time is worth.

    The rational is this, you will loose material in the process, and
    just general fubs. So figure your materials from gross weight, the
    weight you start with. 

    Time, figure the time you spend making your molds, bending wire
    everything you do on a piece from the get go. I have a timer that
    will count to 99 hours, but the nice thing about it, I can pause it
    when I do something else and continue when I get back to it. I also
    keep a log of the things I do and the general time it takes to do
    something. I have gotten better at things with time and on the time
    it takes to do it. That also winds up in the price. 

    Nice range of design. I also liked the "In Memory" piece. 

Terry
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