How much should one mark up the price of personal production on jewlrey, in my home based business?

Answer 1

Look at what similar mass-made jewelry is selling for in whatever venue you're in (ie on the web, at craft fairs...look at the cookie lees etc). That will give you a pretty good idea of what to charge. Differentiate yourself by offering exceptional customer service and perhaps the potential to customize jewelry at a slightly additional charge. Hope that helps!

Answer 2

There are several consideration that need to be taken into account. You need to market it up enough to make it worthwhile but if you are starting out with no customer base you do not want to mark it up too much. Figure your time at $30 an hour, add in your raw material costs, then add 50% for overhead. That is your cost. Now add 100% to that. That should be approximately your asking price more or less.

Answer 3

Try for at least 33%

Answer 4

get whatever you can get, that's what i'd say. experiment a bit and see what folks are willing to pay, why not? it's all relative, powered by the market, etc.

Answer 5

from what it costs you add on at least 150% as a minimum.

Answer 6

retail is 300%