jigglypuffusedpound
79983
2435
54
My original price was $50, but she gave me $100. I thought that was a bit too generous, but she wouldn't take "no" for an answer.
The ring in question; Sterling silver and peridot. It took around 5hrs to make, and the materials aren't super expensive which is why I felt bad accepting her price. But hey, I made my very first sale!
Also, please take a moment to remember @FrozenFoodGuy
We had the exact same cake day and he brought a lot of good laughs to imgur.
TheLeftNugget
She tipped you $50.
UncleRat
Start at $50.00 an hour plus all handling costs. This applies to anything you are doing by hand. If you spend a day doing it charge a grand.
SeanBeanDiesAlot
5 hours to make at $20 dollars is a steal for how long you likely spent trying to learn to do that.$200 or more would have been totally fair
obfuscatednitemare
Art is art
fritogotlayed
@op they aren't paying for just material and the time on that ring. They are also paying for all the time you refined your skill.
jayphat
My wife is hand making necklaces and such putting it on Etsy. The amount of time she is making that stuff is wild, but man it looks good.
LurkerPro66
In Vancouver that might be $250, so.. idk. Seems like even $100 is cheap, imho.
dogmatix
$100 seems pretty cheap TBH. I understand underpricing your work in order to get a business off the ground, but don't over do it.
DamianDrazhar
They are not paying you for the hours you worked or the material you used, they are paying you for the years acquiring your skills
PaulHurley
Your labor and expertise is worth more than the materials. 100 for a hand crafted silver ring is low in my opinion
ILogInToUpvote
Don't devalue yourself. Consider materials, and time you put into it. If it took you 5 hours, minus even $20 in materials, that's $16/hour.
goodtemplar
And that is before sales tax and income tax
2fligh2high
Well done and nice to have a shout out to @FrozenFoodGuy
georgedragonslayer
Sell your stuff for a price that you think is fair. If people give you more, say thank you. If people offer less, say "this is the price".
isetprettygirlsonfire
Looks great! Remember, people aren't paying you for the materials they are paying you for your time and skills. Never undervalue that 1/
isetprettygirlsonfire
Also word of advice from someone who does commissions, always get a deposit up front (I charge 50%) before starting work, including design.
Sailormoon1992
I would happily pay $100 for that it's beautiful
jrbaconchee
value your labor and value patrons who value your labor. send them a nice note and maybe a fancy latte coupon
elbowdeepinawhateverthatis
I’m a bit of a newbie here, and had never heard of @FrozenFoodGuy until now. Just spent 2 hours reading…everything. And now I’m crying. Fuck
Ghostlogicz
Op 50 would of been less than 10$ an hour bro after factoring in material cost , she did right by you by valuing your time and work higher
Ghostlogicz
You need to do the same , place trust and confidence in your value . You can always discount a ring the doesn’t sell but if you under price
Ghostlogicz
The ring you will generally never see the additional money and never know your worth
MagicalMrE0311
Your skill is worth MORE than $20/hour. Don't feel bad accepting that, they clearly could afford it or they wouldn't have offered that.
Sylphyyy
From one artist to another: your clients know your worth. If they pay you more, that's what you should be charging.
WhoIsBoop
You should not feel guilty. Your time and talent are your commodity. Don't ever undervalue yourself or your work. Excellent work, at that.
WolvenLore
@OP show us more of your work. I wanna order one of your pretty filigree rings in size 8.5
jigglypuffusedpound
I'm about to post another project I just finished. When I open a shop, you'll definitely get an update ?
Illendor
I'm gonna be real with you, buddy.. I'd happily pay $100 for that ring, and consider it a good deal too! Don't sell yourself short.
springelmogizmo
you have a new pricing baseline. never take less again.
outtaleftfield
This!! So much this!
bigkingdingaling
Shh I was about to offer $50
godskook
That's....not exactly how that works. Play PoE for a while, or just talk to our traders. Prices fluctuate, and people will pay varying 1/?
godskook
amounts around an average-ish. Yeah, that average will go up over time, but it'll inherently always be lower than your best sale. 2/2
Imgerruinedimger
6S6L one week = 20EX. Check again next week. Oh heybits 4EX now!
godskook
Yeah, PoE runs on a deflation economy, mostly, which is one of the major differences, since the US at least is largely inflation-based.
pirateluke
Looks sick id buy one for 100gbp for that (140usd)
bigkingdingaling
Stop showing off with your 1.4 conversion rate
pirateluke
I was surprised it was so high i had to put it! I was expecting 1.2. At most
pirateluke
I was surprised it was so high i had to put it! I was expecting 1.2. At most
bigkingdingaling
Euro was down to 1.05, was planning a little trip. It's back to 1.19, so screw that
debatablyascientist
the customer was happy to pay that price. that's all there is to it.
godskook
That's awfully capitalistic of you.
RatchetnClank
Everything is worth, what someone is willing to pay for it.
TeaOverdose
Yep. You start charging at the price you sold your last piece, so now you start at 100$.
MadHakon
Exactly. If you're upfront that you would like to sell it cheaper, you should feel guilt someone WANTED to pay more. If that person is
MadHakon
competent, then they can value the ring more then you if they want.
Larirari
Don't forget that labor = time. Time = money. Material costs are a factor but your time needs come saying. Plus skill/ability.
wemustbestopped12
^Listen to this! Your ring is beautiful!!
SoGrosslyIncandescent
Time is money, money is pizza, pizza is power
LeadPrick
well? are you gonna give us your online store site or what? @op
jigglypuffusedpound
I don't have a store yet. I'm still practicing and refining what I've learned. All in due time ?
AntaNce
As a 30 year bench jeweler, you have to pay yourself a living wage. Labor for car repair is ~ 90 to 125 an hour. Make a living.
Camali45
I want one for my daughter. Will it be up for Christmas?
Tifandi
make sure to post when you do, that's nice work
Revnis
5 hours of time for 100$ subtract materials, shipping, and tax then devide by 5 is your hourly wage. I mean your times not free.
Archeron
Time's*
HumanCats
Take away the number you thought of and that's your card.
dugforcett
Don’t forget to get paid for the time it took to gain experience.
GasBandit
A company would figure the loaded labor rate. So basically, if it took 5 hours to make and brought in $100, the pay probly wouldaben ~$8/hr
GasBandit
TLDR version: any given company expects you to make them 250% what they pay you, hour by hour. You make $10? Better have brought in $25.
Tesseract09
Not always without reason, but it's good to be aware of.
NoWhereMan1975
Multiply the result by 2,080 and that's your annualized salary.
Archeron
Depends if you are expecting to have time off. Then you add those hours to 2080 before you multiply.
RevRagnarok
If you can work that much. Just because the plumber costs $100 / hr, they're not pulling in $200K.
KinetoPlay
That's part of why it costs so much. Because they have to be a plumber all the times you don't need a plumber too.
laserite
And they have to take time to buy material, and do estimates, and bookkeeping, and drive to your site, and do training, and buy tools.
thebackyardbard
20ish an hour when factoring in materials and tools isn't an unfair price to ask. Know your worth @op :)
Tekktokk
If people are willing to pay me $70 / hrs for beep boop this is worth more than 20.
keraos
But it's also a compliment. Never feel guilty about a client who knows what you're asking and offers more. It means it's special to them.
Richter12x2
That's low, honestly. Think of how much someone who paints your house would charge for an hour's work, and that's less artistic.
Zanzetuken
Not to mention the time spent training, and money spent on the materials used for practice.
ReneeMSmuggler
I came here to say this ?? Never undervalue your time!
SoDark
Not to mention when you sell cheap you are undermining everyone else in your craft, so know your worth can't be said enough times.
SomeYounguySmiley
It is an unfair price. $100 is WAY too cheap. $200-$400 sounds better. I bet that ring would sell in that range easy.
martinomander5
Charge $150 next time. Your time is worth it, and the finished product looks amazing.
TheZombieApocalypse
This
xtreampb
Time is what you’re actually charging for. I’m worth $175-$250 USD an hour. Know it and stick to it
xtreampb
I’m not in your trade/industry so I can’t help you determine what you should value your time at, but you should spend some time figuring it
bigbigbilly
Daaamn dude what do you do and how can I do it?
bigbigbilly
Well I guess 32 isn't too old to learn some new languages!
xtreampb
I’m a senior software/DevOps engineer. Skills that aren’t thought in any schools
idontlikepickingusername
Are you an expert in 5G wireless protocols? We pay some of our contractors $400+
Cindex1337
I'm small time IT and charge $100/hr. I gotta get on some 5G research!