[Jewelry making - Article 00610] - Re: [Orchid] Trade success stories

[Noel Yovovich]

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>>    Last night, I was making a necklace style that has sold quite well
>>    at $225. It will now have to be $320. Will it still sell? 

>     So did your costs go up more that 30% in one year? Or are you
>     making more profit? 

    Well, I miss-typed. It was priced at $275, not $225. The actual
    increase is 14%, and the chain has gone up 13% since a year ago (I
    just checked, since you asked). Plus, I have really been trying to
    put all the advice from Orchid into practice-- doubling materials
    and adding my hourly rate PLUS profit. 

    I keep reminding myself of the advice I got years ago (and have
    quoted here before)-- if your toes don't curl when you quote the
    price, you're not charging enough. 

Noel
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