How to price your jewelry and handmade products

Today, I want to talk about how to price your handmade items. I know several people ask how do you know how to price your jewelry, or how should I price my jewelry or other items. Well, surprisingly, the formula is quite simple!

Cost price(materials+labor)x2= Wholesale
Wholesalex2= Retail price

However, from this formula people want to know how much they should charge for labor. That is for you to decide not me. Each person may feel that their time is worth more than anothers. I, personally, charge by hour a X amount of dollars, but if I only spend 15 minutes designing and piecing some earrings together, then I charge only a percent of the original X amount, which would be 25 percent for 15 minutes and so on.

Example:

Materials- 1.50 + Labor- 6.50 per hr= 8.00 x 2= 16.00 Wholesale
16.00 x2 = 32.00 Retail


Now, you may be thinking "Wow, that retail is a sticker shock," but don't worry. You can always have a sale without the concerns of losing any money. Your time is worth more than you think and people always pay more for personalization and handmade items.  

Let me know if you have any other questions! I'd be happy to help. Enjoy your Christmas! :)

New Pearl Guitar Pick Earrings

They measure 2" in length as Pearloid Picks

with Gold or White lettering.

Assorted colors are available: White, Red, Purple, Tortise.

Ready to Ship!

Color

White Red Purple Tortise (Brown)

Last Give Away for Christmas!

It makes me sad that Christmas is almost here and gone. This is your last chance to win a new product that has not been listed anywhere. Pearls and Swarovski Crystals are incorporated into these lovely earrings that dangle slightly over 2 inches long. At retail, they cost $10.00. To win these exquisite earrings, leave a comment on my blogspot page or Facebook page about your favorite past time on Christmas and like Ocean Daze Jewelry on Facebook (so I can contact you for your address) I will randomly select a lucky winner! Good Luck and Have a great Christmas! :)

http://www.facebook.com/#!/pages/Ocean-Daze-Jewelry/144561605553858 

****Contest ends December 25th.

Christmas Give Aways...

HI everyone!
    Thanks for stopping by! I am really enjoying the weather here in Arkansas and getting excited about Christmas...this has lead me to start giving away weekly freebies to anyone who is a fan on Facebook. Check it out...this is a great way to get a free gift for yourself or someone you love. So think about everyone on your Christmas list if personally do not like what you see in that week.

I hope you all have a great holiday season!! :)

http://www.facebook.com/#!/pages/Siloam-Springs-AR/Ocean-Daze-Jewelry/144561605553858

Free Shipping

Free shipping on all items from FB and Etsy for the month of OCT...hurry it ends soon!!

http://www.facebook.com/pages/Siloam-Springs-AR/Ocean-Daze-Jewelry/144561605553858

http://www.etsy.com/shop/oceandazejewelry

Shipping will be returned through Paypal after the transaction is complete....

Fresh additions to ETSY and Facebook!

If you are folowing Ocean Daze Jewelry, you need to check out some of the latest listings on Etsy and Facebook. I have been quite busy making new things for the fall season and am very excited to be sharing it with you. Enjoy!

~~Jewelry Parties in Southern Missouri and NWA~~

     Ocean Daze Jewelry is now helping you host a jewelry party at you home or choice of gathering, whether it be renting out the local coffee shop to the community center. With bountiful rewards and fun from a ladies night out, you can take a moment to enjoy the new season. The holidays are right around the corner and this a great and affordable (under $30) way to get your loved ones hand-crafted unique jewelry. Of course we can create something extraiodinalrily special if you are looking to spend more.   

~Hostess Rewards~

-        Win a free prize by booking a party.

-        Plus, you will receive a quarter of the earnings total to use as credit at your party. So more FREE Jewelry!

-        Then you receive a $5.00 certificate to redeem at your friends party, who booked from your party (you must attend.) 

If you are intereseted in booking a jewelry party you can contact me through Facebook or Etsy at--

http://www.facebook.com/pages/Siloam-Springs-AR/Ocean-Daze-Jewelry/144561605553858?ref=ts

or

http://www.etsy.com/shop/oceandazejewelry

Jewelry Show on Broadway

Ocean Daze Jewelry will be doing its first show in two years on Sept. 10, 2010 in Monett, MO on Broadway Street, called Broadway Night, in front of the Denalia Dreams Coffee Shop. Great deals will be going on, so come on by if your not busy. It will be held from 5:30 - 8:00, however, Ocean Daze Jewelry will set up earlier around 4ish with SLStitches, who crochets assorted hat designs and baby cocoons. Many vendors will be set up to dispaly their work so come on by!

New Listings on Facebook and Etsy...

For the moth of September, jewelry has been listed. You can navigate there through these links...

http://www.oceandazejewelry.etsy.com/
or
http://www.facebook.com/pages/Siloam-Spring-AR/Ocean-Daze-Jewelry/144561605553858?ref+ts&_a+15&

September's FREE Jewelry!

So...for the month of September Ocean Daze Jewelry will be giving away free Jewelry! Here's how it works...First you need to become a friend of Ocean Daze Jewelry on Facebook. Then proceed to the photo album marked Jewelry Vote. Next vote for your favorite Jewelry in that album by liking it and at the end of the contest one of you will be drawn to win the creation with the highest votes. **Note** Two contests will be held, one on the 1st and 15th.

Everyone should suggest Ocean Daze Jewelry to their friends so everybody has a chance to win FREE Jewelry. Good Luck!

Here's a quick way to get there when it starts:
http://www.facebook.com/#!/pages/Siloam-Springs-AR/Ocean-Daze-Jewelry/144561605553858?ref=ts&__a=15&ajaxpipe=1

New listings and HUGE savings!

I have just listed some new creations on Etsy.com. For the month of August, I am running a 25% off discount to everyone who buys jewelry this month. You should check it out before it sells and get the best deals n your favorite item.