Pricing

[Former_Member]

I had originally priced my necklaces at $15, but realized that was too low. I have my necklaces set at $20 now... but am considering raising to $25.

The reason I am considering a price raise is because 99% of my orders are custom orders... which take extra work (conversing, people ask for pictures of samples of colors together, etc).

What do you think? Is $25 too high? If I raised to $25, I would get rid of the extra fees for extra chain length.

I would appreciate any feedback. Thanks!
Jessica

[Former_Member]

I think that the ready-made necklaces are priced well at $20. I also think that you would be perfectly reasonable to ask $25 for a custom order. If you make them two simple prices, you would have your bases covered and it would be easy for customers:)

[Former_Member]

Yes, that was what I was thinking. Today I had someone ask me for multiple pictures of different colors together.... I want my customers to have options, and I realize some people are visual so I try to accommodate their requests. But it can be a lot of work...

[JustForGiggles]

Your necklaces are gorgeous. If I was a jewelry gal, I'd pay $25. You know how much work goes into those things. Don't hesitate to price accordingly :~)

http://www.etsy.com/teams/5002/etsy-success/discuss/11189655/page/1/

[Former_Member]

I love your necklaces and would totally pay $25 for them! They are fantastic!

[StefanieSheehan]

25$ sounds perfectly reasonable for your awesome necklaces! Don't be afraid to raise your prices. People will still buy them and you will really feel like you're getting what you deserve!

[Former_Member]

Thank you so much for the encouragement, everyone! :)

Wanda M, thank you SO much for that post- I really needed to read that. I will increase my prices to $25 as that is what I feel is more reasonable. Plus, it gives me more room to do more promotions :)