Pricing Your Jewelry for Profit - Handmade Jewellery Business

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  • čas přidán 21. 02. 2016
  • Pricing your jewellery can be challenging, learn how to master the technique with this fantastic worksheet and guidance from jewellery business expert Jessica Rose. Calculate your wholesale, retail and cost price of handmade items in your handmade jewellery business.
    Download the spreadsheet from the website here:
    www.jewellersacademy.com/blog...
    Join our free supportive facebook community for jewellers here:
    / jewellersacademy
    See our full range of professional online jewellery courses here:
    www.jewellersacademy.com/jewe...
    And visit our online courses site for more business support & advice at:
    www.jewellersacademy.com/
    Do stay in touch and feel free to message us at anytime: jessica@jewellersacademy.com
    Happy making!
    With love, Jess x
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Komentáře • 245

  • @nienna1970
    @nienna1970 Před 2 lety

    I have only one word. Thank you. I know how to work excel but I am so tired from work and then i have a 5 year old plus the jewellery, I did not had the strainth to do it. Thank you again !

  • @11Urraka06
    @11Urraka06 Před 7 lety +8

    Thank you for all your practical introductions to the jewelry business.

  • @tiiug.9973
    @tiiug.9973 Před 5 lety

    Bless you for sharing with all of us. It's a terrific tool.

  • @angelica7543
    @angelica7543 Před 7 lety +1

    Thank you so much for making this video and for sharing your spreadsheets!!

  • @becauseiwanttoknow
    @becauseiwanttoknow Před 5 lety +1

    Thank you so much for this video and the spreadsheet. It was so helpful!

  • @IceCream-hp7mm
    @IceCream-hp7mm Před 8 lety +2

    Greta tool, thank you so much for sharing! Definitely will be downloading it. All the best and keep up your awesome videos!

  • @bridgettepinkelman677
    @bridgettepinkelman677 Před 7 lety +1

    Thank you so much for the wonderful tutorial!!🌺🌺🌺🌺

  • @raghdakhoshala6759
    @raghdakhoshala6759 Před 8 lety +5

    can i say i luv u!.. u don't know how much u've helped me. Thanks so much for sharing :)

  • @endgamej
    @endgamej Před 7 lety +2

    Thank you for uploading videos so we can learn and keeping it real especially for me. I'm in the process of starting my own jewellery bus and researching heaps of stuff, new subbie here from Syd.

  • @Survdim
    @Survdim Před 4 lety +1

    Thank-you for the guidance and spreadsheet

  • @Lynnypopsable
    @Lynnypopsable Před 6 lety +1

    Thank you so much Jessica, brilliant tutorials. I am really enjoying them and they are so helpful

  • @syafiradina5114
    @syafiradina5114 Před 6 lety +1

    Thank you so much! This is SUPER helpful

  • @jenamarienubla6714
    @jenamarienubla6714 Před 4 lety +6

    thank you so much for this! This really helped me A LOTTT! Have been dreading pricing my work for about a week now. and this made it a whole lot easier!

  • @dawnmuncaster3774
    @dawnmuncaster3774 Před 8 lety +2

    Just started watching your videos, really helpful

  • @Passionbloom52
    @Passionbloom52 Před 6 lety +1

    Thank you for this , it will be most helpful & have managed to download the spread sheet for future reference

  • @jeanined9060
    @jeanined9060 Před 7 lety +2

    Thank you Jessica, for this excellent video!I've been selling my jewelry for several years now & still found this very helpful. I also downloaded your free spreadsheet (thank you!), bookmarked your website & signed up for your newsletter (& free stuff!) Your lovely personality & good marketing skills led me to do so, so yay you! thanks much & best wishes!

  • @samanthaspeakman2811
    @samanthaspeakman2811 Před 7 lety +1

    Thank you very much this video is very helpful, I've downloaded the method and will use this to help with costings. Keep up the great work.

  • @doradougherty5192
    @doradougherty5192 Před 4 lety +1

    So inspiring! Thank you so much!

  • @jotianand4849
    @jotianand4849 Před 4 lety +1

    Super tips! Thank you Jessica! I pretty much follow the basic outline, but wasn't sure if I was on the right track.. now this has given me a lot of clarity and confidence.

  • @lyralora
    @lyralora Před 4 lety

    I love ur channel it's so helpful

  • @littlecraftytraveller6973

    Thankyou for this video, it’s been really helpful to me as I always get confused with the numbers side of things. I love all your tutorials too, you explain them really clearly and they are so easy to follow, Thankyou

  • @jasminepooran8380
    @jasminepooran8380 Před 4 lety +1

    Thank you! So clear and concise compared to the websites I’ve been referencing 💕

  • @michaela8158
    @michaela8158 Před 6 lety

    Your videos are so helpful! Thank you!

  • @IceCREAMCaKe2008
    @IceCREAMCaKe2008 Před 7 lety +2

    oh wow - Thanks for this valuable information

  • @ronaldainaire7086
    @ronaldainaire7086 Před 6 lety +2

    Thank you so very much. Learned more in this 17 minute video than have learned in several books.
    Ron USA

  • @LaTrica01
    @LaTrica01 Před 7 lety

    thank your so much for this sorry course due those of us just starting our. cause I have been looking at new materials and figuring up price per foot or item and this will help me when i get ready to sell to someone. Thank your so much. This was a blessing to me from you thank you so very much.

  • @bebeberes2656
    @bebeberes2656 Před 7 lety +2

    Thank you for share, it was a very useful well appreciated.

  • @SuperDevoria
    @SuperDevoria Před 6 lety

    I am beginning my in-home jewelry business here in Atlanta Georgia, and this worksheet will be very helpful. Thank you so much for sharing.

  • @judichristopher4604
    @judichristopher4604 Před 6 lety +1

    This is really good.
    Thank you for sharing.

  • @phylliselias
    @phylliselias Před 6 lety

    What a brilliant tutorial, and the spread sheet was not hard to find and I have now downloaded it and can finally see how to price what I make, and will be much more clued up as to what my costs really are like when I decide to do a craft fair (I've thought they were a waste of time, but now I know how to price my pieces, I think I can actually make it pay! Thank you so much for your time and videos.

  • @rebeccajns
    @rebeccajns Před 8 lety +6

    Jessica, your helpful tips videos have been FANTASTIC!!!! 👍👍

    • @JewellersAcademy
      @JewellersAcademy  Před 8 lety

      +rebeccajns Thank you so much for the lovely comment. Really appreciate it and so glad they are helpful. Have a wonderful day. Jessica x

  • @krithikaramaswamy6731
    @krithikaramaswamy6731 Před 6 lety

    Thank you so much! Found it very useful.

  • @RachanaG..
    @RachanaG.. Před 7 dny

    Thank you so much for this information ❤

  • @LateBoomer1964
    @LateBoomer1964 Před 7 lety +2

    Awesome tutorial. I've been in business before and never thought about the marketing budget. This allows me to not only see how much I need to sell to ensure the craft fair was worth the money, but it still allows me to keep a profit for my work. Thanks

  • @flytronica
    @flytronica Před 5 lety +1

    Thanks for this, really useful!

  • @doreenhillier9581
    @doreenhillier9581 Před 6 lety

    Fantastic tutorial thank you for sharing

  • @SatumainenOlento
    @SatumainenOlento Před 3 lety +1

    Very CLEAR and helpful video!!! Fantastic!

  • @unprodigal87
    @unprodigal87 Před 4 lety +1

    this was super helpful!!!!! thanks

  • @roadtojewels4521
    @roadtojewels4521 Před 3 lety +2

    Incredibly useful. Thank you so much Jess!

  • @dakajajewelryllc9849
    @dakajajewelryllc9849 Před 5 lety

    Great tutorial.

  • @yvonnepayne3096
    @yvonnepayne3096 Před 7 lety +2

    Very helpful. Just thought about boxes etc for display

  • @petracabanas6115
    @petracabanas6115 Před 6 lety

    thank you! very informative.

  • @emmabellaqueen
    @emmabellaqueen Před 6 lety

    Thank you so much it really helps 😘😘

  • @jhayzelscollectionau1644

    Thank you for sharing this Jessica ❤

  • @jonathandedios7438
    @jonathandedios7438 Před 5 lety +1

    Thanks Jessica. I appreciate and learned a lot. I'm from the Philippines, a Jewelry Manfg. / Technical Consultant

  • @Dosti-zaroori-hai
    @Dosti-zaroori-hai Před 5 lety

    Beautiful explanation 👍

  • @KritTeekDeZigns
    @KritTeekDeZigns Před 4 lety +1

    Thank you for this info. I still struggle with this process although I have tried it before with a spreadsheet.

  • @rosettaproffitt590
    @rosettaproffitt590 Před 6 lety +4

    I just found your channel, and I love, love , love how this is explained. My question is on stringing material for jewelry. If you buy a bulk spool of thread, let's say 1,000 meters, and I use 5 meters in a piece, how would I input that into my formula?

  • @tashhodges8365
    @tashhodges8365 Před 7 lety +7

    Hi, I have learnt so so much from this channel!! Thank you very much for all the information. I have one question.. If you were to post your jewelry ( especially earrings ) What would be the cheapest way to post? But also at the same time packaging it well enough so they don't break. Thanks.

  • @Istaray
    @Istaray Před rokem

    That was very thankful, thanks!

  • @mariaannaleaban1284
    @mariaannaleaban1284 Před 2 lety

    Thank you Ms. Jessica! Your chanel is gonna be a big help for me to start my own small business. Goodluck and God Bless! ❤️

    • @JewellersAcademy
      @JewellersAcademy  Před 2 lety

      You are so welcome! Do head over to www.jewellersacademy.com for more help and advice on running a jewellery business.
      You may also like to join our wonderful community of jewellers on our Facebook Group - facebook.com/groups/jewellersacademy x

  • @dianae.8192
    @dianae.8192 Před 2 lety

    Thank you very much for this spreadsheet. It will help tremendously when I start my business next month.

  • @maeesha1280
    @maeesha1280 Před 3 lety +1

    Thank you so much for this. This was super helpful 💕👍

  • @pattikimler8415
    @pattikimler8415 Před 8 lety +1

    This is brilliant - thanks so much!

    • @JewellersAcademy
      @JewellersAcademy  Před 8 lety

      +Patti Kimler Thanks Patti, really glad you found it helpful. We also have more free online jewellery business courses at learn.jewelleryschoolonline.com/courses/starting-a-jewellery-business- hope you have a great day. Jessica x

  • @sandipgahatraj3219
    @sandipgahatraj3219 Před 8 lety +1

    Its great lesson thankyou so much .........for you ideas and help..This lesson helped me a lot....

    • @JewellersAcademy
      @JewellersAcademy  Před 8 lety +1

      +sandip gahatraj Thank you for the lovely comment, really glad you found it helpful. We also have more free online jewellery business courses at learn.jewelleryschoolonline.com/courses/starting-a-jewellery-business- hope you have a great day. Jessica x

    • @sandipgahatraj3219
      @sandipgahatraj3219 Před 8 lety

      Can you please suggest me how to develop career in Jewellery Business.....Actually i am from Nepal. I will be grateful to you if provide me some more information.....& thank you so much from the bottom of my heart for your help...wish u a very very good day

  • @GabrielleCarbonneau
    @GabrielleCarbonneau Před 3 lety

    Thank you! This was so helpful!

  • @ingot_buddy
    @ingot_buddy Před 2 lety

    Thank you for this tutorial, it's super helpful! :)

  • @akazicool87
    @akazicool87 Před 2 lety

    Thank you.

  • @josephbrasil7986
    @josephbrasil7986 Před 7 lety

    Thank you!

  • @AndyDaviesByTheSea
    @AndyDaviesByTheSea Před rokem

    Very helpful. Probably telling us what we already know if we were to think about it properly but a very clear and helpful guide. I never thought putting it in a spread sheet. Thank you.
    Kind Regards . . . Andy

    • @JewellersAcademy
      @JewellersAcademy  Před rokem

      Hey lovely, I am so pleased that you found this helpful 💕 x

  • @jps99
    @jps99 Před 6 lety

    Nice, thanks!

  • @MyOwn2Wheels
    @MyOwn2Wheels Před 3 lety

    This is extremely helpful, thank you.

  • @cecywales
    @cecywales Před 3 lety +1

    I’m just starting out learning how to make earrings, and I would like to turn it into a business eventually. I checked several other tutorials on CZcams, but yours was the best, as far as making the loops on beaded earrings. I successfully made several pairs of earrings last night, thanks to that. This worksheet and the guidelines are also excellent, thank you very very much!

    • @JewellersAcademy
      @JewellersAcademy  Před 3 lety

      You're so welcome. Glad you're finding all of our videos helpful x

  • @ashaazaredo2721
    @ashaazaredo2721 Před 5 lety

    Good video. Thank you.

  • @paulettesloat3242
    @paulettesloat3242 Před 7 lety

    Nice video and thank you for spreadsheet...
    P.

  • @jasonsgems3369
    @jasonsgems3369 Před 6 lety +1

    Just found this - nice description, thanks. How do you allocate consumables (e.g. cost of solder, pickle, gas, polishing materials, etc) where you know how much you've spent but this will be spread (unevenly) amongst a number of projects?

  • @carolynhendrix323
    @carolynhendrix323 Před 4 lety +1

    Where is the spreadsheet? It looks wonderful. I enjoy your videos soooo much and have learned alot. Thanks for sharing!!

  • @lynntemlett6035
    @lynntemlett6035 Před 2 lety

    Very helpful. Thank you

  • @CraftyDelights128
    @CraftyDelights128 Před 8 lety +1

    awesome....thank u

    • @JewellersAcademy
      @JewellersAcademy  Před 8 lety

      +Crafty Delights You are very welcome. Thanks for stopping by :-)

  • @donitas471
    @donitas471 Před 5 lety +2

    Great video! Thank you so much! Had a question; if I buy, say beads at a discount or sale, what do I charge for the beads? The original price or the discount price? My fear is that if I buy something at a discount, I might not always get that price again. I hope I make sense! Thank you!

  • @mcjaegerful
    @mcjaegerful Před 4 lety

    This is really helpful! I am experienced with Excell and will have a lot of fun using your templates! Your advice was also very helpful

    • @JewellersAcademy
      @JewellersAcademy  Před 4 lety

      Brilliant! I'm so glad to hear you will find them useful! x

  • @JanaKup
    @JanaKup Před 7 lety

    Thank you for sharing!

  • @bluecactus3371
    @bluecactus3371 Před 2 lety

    thank you so much.

  • @martacizmarik6270
    @martacizmarik6270 Před 3 lety +1

    TY Jess, it is very helpful to use. I will create a similar one using US currency.

  • @suestone8410
    @suestone8410 Před rokem

    Great tips

  • @SAHandmadeJewellery143

    Wow lovely thanks for sharing this video stay connected

  • @mrsf2977
    @mrsf2977 Před 4 lety +1

    Can you do a video about preparing for a festival pitch like Easter or Christmas. Things like how much stuff to make as a estimate. How you do things? Would be amazing. You videos are very helpful thank you so much

  • @preetiverma936
    @preetiverma936 Před 6 lety

    Thanks☺

  • @Dani-tz6jz
    @Dani-tz6jz Před 5 lety +1

    Thanks for sharing, I couldn't find the link....so no spreadsheet!! Do you have it in dollars too?

  • @JewellersAcademy
    @JewellersAcademy  Před 7 lety +5

    Hey Guys - thanks so much for stoping by and watching. The link to download the spreadsheet used in the video is here: www.jewellersacademy.com/blog/pricing-your-jewellery-for-profit I hope you enjoy, Jessica x

  • @claudiaheinrich8367
    @claudiaheinrich8367 Před 4 lety

    I do beadweaving, and used your sheet, that is definately well balanced and thoughtfull. I ended up with 357 € for earrings :-D :-D :-D and that is only with 10 € per hour working time :-D

  • @hejerry2123
    @hejerry2123 Před 6 lety

    hi , this your video is very useful , i was trying to download this excel sheet , but when i go to your links , it is no more there.

  • @ahsousayoub6086
    @ahsousayoub6086 Před 3 lety

    Thank you

  • @cherishmariexo
    @cherishmariexo Před 4 lety +1

    Oh please tell me this can be converted to dollars!! 🙏 this is brilliant!!

  • @carlasouto7083
    @carlasouto7083 Před 3 lety +1

    so helpful!!

  • @AllenBibleManGosser
    @AllenBibleManGosser Před 7 lety

    Just wandered if there was a way to change this to US dollar amount.. great video

  • @lettyp4607
    @lettyp4607 Před 7 lety

    How did you put the little beads on top of the blue earrings you made?

  • @lindsayhubbell8321
    @lindsayhubbell8321 Před 6 lety

    Hello! I can't find the spreadsheet for pricing! Can you advise?

  • @dawnmuncaster3774
    @dawnmuncaster3774 Před 8 lety

    Wish I had found it sooner

  • @kerrysmith1019
    @kerrysmith1019 Před 3 lety +3

    This is helpful, thank you. Where do you factor in costs like card payments or selling fees for etsy etc, since they are often a % of your sale cost and get taken off at the end?

    • @JewellersAcademy
      @JewellersAcademy  Před 3 lety

      You can add those kind of fees on at the end, once you have calculated your final price. x

  • @richardwhittington5549

    brilliant video but cannot find the spreadsheet

  • @JustME-ft4di
    @JustME-ft4di Před rokem

    Other costs would be tools that need replacing, transport, materials that don’t get used because of mistakes or excess that is cut off etc.

  • @suzanneleather2417
    @suzanneleather2417 Před 8 lety +1

    Hi, Jessica, love your video! But I can't seem to find the download on the website, can you help?

    • @JewellersAcademy
      @JewellersAcademy  Před 8 lety

      +suzanne leather Hello, thanks for the lovely comment and so pleased it was helpful. Sorry you are having trouble, the links on youtube have been playing up recently, this one should work for you. www.jewelleryschoolonline.com/pricing-your-jewelry-for-profit/ On the page you will see a yellow/orange button that says 'download the spreadsheet'. Let me know how you get on, Jessica x

  • @Morninqstar
    @Morninqstar Před 6 lety

    I love your videos, just one thing. I live in America and your spreadsheet is in pounds. Is there anywhere i can get a version that uses the dollar system, I tried to go in and change it myself but broke the spreadsheet in the process. :(

    • @tiiug.9973
      @tiiug.9973 Před 5 lety

      You can easily do that yourself. Save to your computer and then choose the two columns where you want to change it to dollars, right click, choose currency and save.

  • @heatherjc1990
    @heatherjc1990 Před rokem

    Do you know the formula to have sheets associate price with item? if I select or enter in, for example, large amazon gem, it will pull from another sheet that i already put in the specs for, and say $.$$ for the one gem?

    • @JewellersAcademy
      @JewellersAcademy  Před rokem

      Hi Heather, You can download our pricing spreadsheet here www.jewellersacademy.com/pricing-resources x

  • @hippygranma
    @hippygranma Před 7 lety +4

    Good video but I'm unable to find the spreadsheet ... the link in the description brings you to the website but not a pdf.

    • @JewellersAcademy
      @JewellersAcademy  Před 7 lety +1

      Hi hippygranma, thanks so much for watching and the lovely comment. Apologies the links on this video were not working before - here is the link for the spreadsheet download hwww.jewellersacademy.com/blog/pricing-your-jewellery-for-profit Jessica x

    • @ArchieMontoyo
      @ArchieMontoyo Před 6 lety

      very valueable info thank you

  • @flyingcheff
    @flyingcheff Před 6 lety +13

    Hi, according to this video, any amount above material cost you call "profit". But, how is getting paid for your time (labor) considered profit? If it's a job or the work you do to survive, labor IS part of costs; imagine if you are paying someone else to do the labor, THAT would be a cost. You wouldn't consider paying an employee "profit", would you? Wouldn't profit be any amount above both material costs and labor (and overhead - office, utilities, insurance, etc.)? Thanks so much. Can't find the link to the spreadsheet.

    • @aileensg1
      @aileensg1 Před 5 lety

      www.jewellersacademy.com/blog/pricing-your-jewellery-for-profit

    • @leticialarson4317
      @leticialarson4317 Před 3 lety +3

      I thought the same thing. If you are a company and pay your employee $20 dollars a hours, you are in big trouble. Big lost paying for all the other expenses. Very surprising to me that you are the only one seeing this. I would like to say something also, but it will get lost with so many compliments.

  • @imeldaclay6344
    @imeldaclay6344 Před 7 lety +1

    Thank you, but I think you also nee to include the cost of your time managing your business, like answering to costumers mails, taking photos of your work, uploding to the net, time of arketing, not only cost of marketing, ect..

  • @xtine416
    @xtine416 Před 7 lety

    so the retail price is what we would charge the customer correct?

  • @sanjuktabhattacharjee9774

    I hav started new jewellery business. .. can u please help me with few tips ....