Raising your Prices in our Jewellery Business with Jessica Rose from Jewellers Academy

In this video, I will walk you through how to raise your prices in your jewellery business.
There are several reasons that you may want to increase your prices. Perhaps this is inflation, a rise in material pricing, or maybe you have been undercharging!
Give yourself full permission to increase your prices, you are trying to grow a sustainable business so be confident in your abilities and know that your gorgeous jewellery is worth it!
Once you have made this brave decision, watch this video talking you through the practical steps that you can take in increasing your jewellery prices.
Head to our website for more information on how to price your jewellery www.jewellersa...
With love, Jess x

[@JewelrybyJeanette]

Thank you for the helpful tips.

[@JewellersAcademy]

You are very welcome! 💕

[@bjoernaltmann]

Good to see you here 😊 Greetings from Isbjørn Jewellery

[@avedis1990]

i agree with you, when people purchase jewelry the last thing they think of is the price, as they are buying as you said luxury item, which isnt a "need" rather than a "want" product
i personally am building a fine jewelry brand on instagram, i do have my own "USP" in my designs , however the number 1 problem i faced creating a brand new fine jewelry business and selling it purely online is customers wanted to see it live with their own eyes Q.Q before placing any order, even though non of my pictures are photoshoped and all have videos. but i do understand its not easy to pay 500 to 1000$+ for a product without actually seeing it live and feeling the vide .
and i cannot open a store dont have the funds for it as i am new, i thought of advertising abroad in developed countries where people are more used to purchase fine jewelry online, but it needs a massive advertising budget , and my low margins dont allow me, i have 10-30 % net margin depending on the product
so am stuck