I've had someone ask me whether I've done any research into my prices as they seem over priced! They then supplied an example where someone is charging £6 for a bracelet. Disregarding the vast difference between the materials the 'cheap' item has been made with, in comparison with the materials I use there is still the matter of my time. How much is my time worth, to me, to my family, and to my, dare I use the term? 'Buisness' Even if I was given ALL the materials that go into a bracelet, and ALL the tools required to assemble and build it, how much would my 'Time' be worth? The time it took to design the item, to then go and buy the components, to select them, to get them home again, and then finally to put it all together. Beads, findings, crystals. They do not just appear in my house, I have to actively get them. They do not throw themselves together, magically attaching themselves to jump rings, clasps, eye pins and nor do they know just how they need to be arranged to look as I imagine them to be. It takes time. My time.
The answer to my original question is, as much as I value my time to be. The seller who is advertising bracelets at £6 obviously does not value their time as I value mine. My children would probably put an even higher price on it than me. So, for now, no, I do not think I am over priced. I think my prices are spot on for a handmade piece of designed jewellery, often using handmade lampwork beads that some other person has put their time into as well. If you buy from a work at home mum, you are not just buying an 'item' a tangible, touchable thing, you are investing into the life of the people who give their time to design and craft that item. How can anyone expect that to be deemed valueless?
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