Mark up for large diamonds? - crafthaus2024-03-29T05:23:43Zhttp://crafthaus.ning.com/forum/topics/mark-up-for-large-diamonds?feed=yes&xn_auth=noYou should closely match the…tag:crafthaus.ning.com,2011-08-02:2104389:Comment:2746882011-08-02T16:00:26.169ZMichelle Pajak-Reynoldshttp://crafthaus.ning.com/xn/detail/u_3hhgyycmqnl8s
<p>You should closely match the going retail cost for stones of similar size a quality, otherwise you will be undercutting your peers.</p>
<p>What is your client's budget for this project? </p>
<p>I've learned that most people have no idea about how expensive certain materials are and just rattle off a list of things they want in the piece. If they have an unlimited budget great, if not, then some adjustments to the design need to be made to meet their price. Do not undervalue your work or…</p>
<p>You should closely match the going retail cost for stones of similar size a quality, otherwise you will be undercutting your peers.</p>
<p>What is your client's budget for this project? </p>
<p>I've learned that most people have no idea about how expensive certain materials are and just rattle off a list of things they want in the piece. If they have an unlimited budget great, if not, then some adjustments to the design need to be made to meet their price. Do not undervalue your work or time in sourcing these materials either.</p>
<p>You may want to checkout info about diamond prices on the JCK website <a target="_blank" href="http://www.jckonline.com/diamond-news" rel="nofollow">http://www.jckonline.com/diamond-news</a></p>
<p> </p>
<p>Hope this helps.</p>