My Cart

Your Shopping Cart is Empty
Wildcard SSL Certificates

Ethics and Integrity

Testimonials

Hi, I just happened across your site while getting ideas for my wire wrap gemstones and sea glass.

The fact that you give away information, don’t insist personal information, has bought my business already.

To add to the joy (yes, I’m prone to hyperbole but I’m absolutely enchanted with your business model), you add stone treatment information rather than burying it somewhere.

It’s very important to me to be able to tell my customers the what’s been done to their stones, the quality, source and composition of the gems they buy.

I believe I’m the only vendor to have the FCC and AGIA disclosure booklets available at any festival I’ve attended.

You have a customer now and, if OK, I will use your page on stone treatments, with proper attribution of course, as a handout at my next festival the end of this month.

Brightest blessings,

Liz

Credit Card Symbols

Stone Treatment Codes

(B) block
(D) dyed
(E) enhanced
(H) heated
(I) irradiation
(M) man made - synthetic
(N) natural
(O) oiled
(P) pressed
(S) stabilized

Gallery Percentages

What kind of percentage does a gallery selling my jewelry usually get?

Jewelry gallery percentageA great question from a client!

The primary gallery I'm in opened 3 yrs ago and she did a 35/65 split with the artists. She's gone up to 40/60 and now says since she's moving the store location, her expenses are higher and she will probably have to go to a 50/50 split. This seems high to me (and would probably mean an adj in prices which I don't want to do) but I thought I'd check with others. The Gallery is located in a small tourist town of maybe 10,000 in the Texas Hill Country, not in a large city.

~~~~~~~~~~~~~~~~

Hi Dottie,

Well I am going to probably have a very unpopular opinion on this one so take it with a grain of salt and laugh at me later.

All the places that have sold my pieces at 50% sold more and for a much better price (my take home) than the places that sold for a lower percentage.

I have no idea why, I have some thoughts though. If they can get 50% there is more incentive for them to sell the work of artists and not their retail stock. Running a retail business it is hard to pay the bills if you only get 35% of the profits of a sale.

I had earrings that I sold for about $10 in my booth (10 years ago), and when I got them into an art gallery she could get $40 for them so I doubled what I was getting for the pieces.

The art gallery I presently deal with told me they usually charge 50% but for me they were going to do 60/40. I told them to take the 50% and if they wanted to lower the price to make a sale they could take it out of their percentage.

I always give the consignment shops the minimum price I will take so they have some room to play with making the sale. I give them my absolute lowest price if they buy outright then they have even more room to make a profit and there is incentive to buy from me. I tell them they can always trade for other pieces when they want. With cash in hand I am able to turn that back into the business instead of a necklace sitting and waiting to sell.
 
Szarka
 

~~All articles are copyright. You can reprint these articles as long as the original author is sited and a link to their site and this website is included. The name Magpie Gemstones must be used as the hypertext and link to the home page. ~~

 

Red Bow

NEWS!

New beads all the time & great sales!

Go

RESOURCES

Over 100 FREE jewelry making, selling and gemstone tutorials - check it out now!

Go