They're a simple style, clean and dainty, very comfortable to wear. Hoops are readily found in many shops, a breeze to make, and quick too. So why the introspection? I found the exact earrings in sterling silver in Sun Dance recently......for more than double what I charge.
My college major was business management, so I am confident in my pricing structure. At least I was. The business woman in me is chiding me to revisit that structure. Etsy's workshops have all been focussing on pricing lately too, which only adds to it.
I think to myself if the items I make and sell are also found elsewhere for more than double I am seriously undercharging for my work. On the other hand I live in an economically challenged region in the US and I don't want to seem to be overcharging. See the dilemma?
I thought I had solved that by charging a healthy- for this area - hourly wage, and by the time all the math was done for factoring price, my wages would be boosted and still reflect a fair price. A recent workshop hinted that I should be charging almost quadruple for my wages, seriously? hmmmm the price of those hoops would support that theory as well.
ah but the flip side to that coin..... several of my pieces take far more time to create than a simple pair of hoops. Hours and hours would kick my prices out of the reach of all but a few. While I wouldn't mind selling to those few :D I am not completely artsy (business major remember lol) I can be practical and do realize that being able to sell to more than a few is actually a good thing! Truly when I say from my heart and hands to yours, that's what I mean. I want you to have my jewelry. For that to happen the price must be affordable...... but still, I need to be fair to me. My prices need to reflect that.....
On the Desk: is an explosion of beads and wire. I'm not kidding! My brain keeps kicking out ideas that my hands MUST try NOW before the last piece is done!! My UFO's have multiplied like bunnies. What's worse is I've been ummm borrowing precut pieces for this from that because it's the right size and I really want to see if it works sigh. Monkey brain! Swinging from idea to idea as if they were branches. It has actually gotten so bad that my To Do list actually reads:
Dust
mortar rocks
lay stepping stones and soaker hose
write blog post AND ideas for later (it bothered me I was behind!)
sketch ideas BEFORE exploring & FINISH at least ONE UFO
finish painting Paige's room (touch ups and bath)
etc etc
I did manage to actually finish one pair of earrings. I finally got around to using that gorgeous Seraphanite I bought with my winnings some time back, sweet sweet earrings. I was actually a little worried they looked a little too much like a pair Cleo has in her shop. That is a problem when you have similar tastes with a friend who also makes gorgeous jewelry. You really don't want to look as if you're borrowing (or worse) their ideas, even if they inspire you.
Well this blog post could easily have been turned into several!! So I'll leave it for now and see you next time!
I understand that constant pull of pricing doubts. I think most of us do. Here's hoping you can work it out to what you are comfortable doing. :)
ReplyDeleteThank you :) It does seem to go around on a regular basis doesn't it? Working out the details now. The more I think about it the more I realize I've known I needed to do this for a long time. One thing about goals, they are never static!
Delete