[Jewelry making - Article 00052] - Re: [Orchid] Pricing necklace designed and strung

[Veronica Kubat]

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    I'm not sure how galleries work, but it sounds like the customer and
    gallery owner conversation maybe went something like this: 

    Customer: I would like a necklace that looks something like this.
    Maybe this color (or) made from such and such. 

    Gallery Owner: We can certainly do that for you. 

    Gallery Owner (to you): I need you to design a necklace with these
    parameters (color, types of materials - essentially not too
    specific). 

    You: Great. Will do. 

    My point is if there were no specifics on exactly what materials and
    how much materials and no specific limit on cost, then I see no need
    to spell out the separate costs; just a total cost to the gallery
    owner (a wholesale or consignment cost) and the gallery owner then
    marks it up. I have followed a formula of cost times 4 (one time for
    cost, one time for duplication, one time for artist time, and one
    time for profit) which has so far served me well for lower priced and
    middle market items. 

    If there was a specific amount or material requested, spell those
    items out on the invoice so it's clear you followed instructions,
    then the last figure should be for artist time and profit put
    together. 

    If anyone thinks I'm nuts, let me know. I won't take offence. I'm
    fairly new at the money part and, like I said I have no experience
    with galleries. 

I hope this is helpful.
Veronica
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