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Tony N

Selling A Lot Do I Increase The Price

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have started to sell large number of my necklaces on a trading web site is it time to increase the price by a couple of dollars or leave where it is i got into bone carving to make a living at the moment i just breaking even.

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Tony,

I can't see where it would hurt to at least try raising your prices, if the buyers balk at this you can always lower them. I usually price my stuff at more than I am willing to take, in doing this it makes the people that have to haggle the price feel good when I lower it for them, many times I will either get the price I quote or get more than I was willing to take. Learned this from years (since 1978) of dealing with buyers that were wanting to resell my stuff.

 

All my best ...... Danny

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Hi Tony. I think it's important that your prices reflect your work. When you feel your work has improved, increase the price. You have set an expectation for people and they are happy to pay that price. What I think you do now is look for a new range, a new design, and try and improve your technique a little. Then the increase in price can be seen in the increase og quality in your work. That's where customers will be happy to pay the extra. As you get better, your prices go up as well. Make sense?

 

Good luck. Billy.

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