How to Price Your Jewelry

Pricing is an issue that many individuals within the jewellery enterprise often fear about. Nevertheless, there's a technique that you may simply use, whether you purchase jewellery wholesale or make your ownjewelry. Pricing may be very important. You don’t wish to charge an excessive amount of, since you gained’t sell anything. On the other hand, you wish to make sure that you cost sufficient to make a profit.

If you are going to buy your jewellery at wholesale costs, a markup of 15% to 30% is common, and folks pays these prices. Within the grand scheme of , apply the 30% markup, and make that the ‘regular’ price. When it is advisable transfer merchandise maintain a sale, and use the 15% markup worth because the sale price.


When you make your personal jewelry, determine the whole cost of the piece, together with the cost of provides, delivery, warehousing and packaging, then apply a 15% markup. With the 15% markup, your jewelry will likely be priced at the wholesale price. For those who sell the jewelry to most of the people your self, versus promoting it to retailers, apply the retail worth, which in this case can be about 45% above your costs.