131 | The Ins and Outs of WHOLESALE Pricing for Your Jewelry Business with Robyn Clark
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Ever wondered why pricing jewelry for wholesale feels like cracking a code? Join me in this episode as I discuss the ins and outs of this process. In this episode, I talk about the challenges of pricing your jewelry for wholesale and why it's important to consider the needs of your business. We talk about the importance of calculating costs and profit margins to ensure profitability as well as the comfort levels with income and the challenges of labor-intensive designs. So, if you're ready to dive deep into the wholesale jewelry game, tune in, take notes, and let's bling our way to success together! Topics Discussed Why Not Every Jewelry Business is Optimized for Wholesale Pricing Jewelry for Retail Stores and Wholesale Calculating Costs and Profit Margins Different Goals and Comfort Levels with Income Challenges with Labor-Intensive Designs Importance of Setting Profitable Wholesale Prices Considerations for Time and Energy Investment Considering Wholesale vs. Online Sales Auditing Costs and Pricing Finding the Sweet Spot for Wholesale Competing on Value, Not Price   Ready for growth? Then this invitation is for you...    If you’re looking for my support on how to scale your jewelry business, join the Jewelry Business Academy. This is the most expansive and supportive container for jewelry business owners who want to scale to 6+ figures without burning out. You’ll get my eyes on your business every single week, as well as lots of 1:1 support and will join a community of jewelry business owners all scaling their businesses together.    I've helped jewelry business owners from around the world, from those who are just starting out, to those making multiple six-figures, build solid foundations in their business, find clarity, implement systems and proven growth strategies, and hit big goals, and I want to help you do the same. Learn more here: jewelrybusinessacademy.ca    P.S. I love connecting with you on your entrepreneurial journey! Join me on Instagram: robynclarkcoaching 
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