Beads
How much should I charge for my paper beads?
I am making beads for this nice lady and she wants me to say my price. I am not sure exactly what I should charge her. She is wanting specialty beads such as ones that look like santa clause and bells and things. What should I charge her. Each bead takes me about twenty minutes and that doesn’t include planning and cutting and lacquering when finishing them and the two days to dry. The beads are awesome, I won’t lie. Is there a way to know how much I should charge?
Congrats on finding a customer for your skills! Sounds like it’s a combination of pricing out your labor cost as well as materials. For labor cost, if you have a day job, calculate how much you’re making per hour, and then you can divide that by 3 to see how much your 20 minutes (or more, as it may be) is worth. You can, of course charge more if you want. Then, think about material cost and add it all up. And, it sounds like a special custom made thing, so you can probably charge a premium for it.
If you’re in to making jewelry/beads, there is software that you can get that will help you price out your jewelry, manage inventory and taxes, etc. It’s highly recommended by people in the jewelry making industry.
http://bit.ly/BeadManagerPro
Also, if you are looking to make your bead making in to a business, you should check out this online guide:
http://bit.ly/192P6E
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