Saturday, June 21, 2008
Southwest Jewels: Beadwork Cuff and Earrings
I've been pondering what to offer for sale when I set up on Etsy and what to present to retailers as a coherent line. Embellished RAW stitch cuffs are becoming a kind of signature bracelet for me - they're much faster to make than embroidered pieces (although "fast" is a relative term in beading, of course) and I thoroughly enjoy trying new color combinations and working on different types of closures. The basic material costs have a wide range - depending on which Toho beads I'm using for the base, whether I use a lot of sterling silver (this one has about 40 Bali Sterling beads) & whether I use fire polished beads, stones, or Swarovski crystals. This particular cuff (work time included at a fairly modest rate) would wholesale at $80.00 -110.00 and retail at $160.00 - 220.00. Not much when you consider that it will last for generations and you won't see it on anyone else. Materials for earrings are lower cost - but these babies take a LOT of time to make, even when you're quick. Still, because the components aren't cost heavy, I can price these for Etsy - at about $30-45.00 a pair, depending on length and I really love making the patterns & trying them out. Might be high cost for the Etsy market, but it will only cost me 30 cents a pop to find that out. Nothing ventured, as they say, nothing gained.
I have an official provincial name search being done on Wild Wicked Beads (it's a $53.00 government-required formality) - and when that comes in, for a mere $60.00 I can register it in Nova Scotia and get my business name changed.
Meanwhile, I'm making cuffs and earrings. Working my tail off - and, as always, it doesn't feel a bit like work!