If you’ve started your business as a hobby, chances are good that you’re pricing by materials alone, with a bit added in for labor. It’s time to stop that practice right now if you’d like to make jewelry making your career rather than your hobby. But because you’re already most familiar with materials, of the four parts to a product price–materials, labor cost, overhead, and profit—let’s start there. These are the tangibles, such as metals, metal clay, stones, beads, glass, and fibers that are actually part of the jewelry you deliver to a customer and the part of the jewelry that customers appreciate.

But do you also consider findings?  Continue reading →