RULES
TO LIVE BY...
...The Road
to Funding Your Jewelry Making Hobby
If you are looking for a way
to help you fund your hobby, these are some suggestions that will help
you. Think of these 15 rules like a journey on new path. At
first, the trail may be rough and hard to follow, so you'll move along more slowly. You might even get discouraged, but don't give up. As you travel
along the path, you'll gain experience and confidence from the tests you
encounter along the way. As you gain more knowledge about the things you encounter,
you will be able to accomplish more in less time. If you keep traveling on
the path, you'll soon be looking forward to the trip. You'll be running down
the trail in search of a new adventure. Good luck in your travels.
1.There are no excuses!
You must accept the fact that some things are
easier to do than others. You'll have to do the less pleasant things as
well as the fun stuff to make this happen. If you want to make some money,
it's a question of how bad you want it. Stop making excuses and start down
the path!
Most people don't want to do whatever it takes to succeed.
Are you willing to do whatever it takes? If you are, then you'll succeed.
You don't have to quit your job or take up a new lifestyle, just make a
few modifications to how you approach things and learn to do a few things
that seem a little uncomfortable at first.
If we see you without a piece of jewelry on or
without your business cards in your pocket, we'll call you on it. No
excuses means you must do these things to succeed.
2. Quality is important
This is pretty obvious. If you make junk,
no one wants it. If you don't know how to do something correctly, get help
or take some classes but don't delude yourself into thinking you can quit
your job and sell your work! If you are just starting out, give some things
to your friends and ask them to use the product and give it a good test. Have
them give you feedback in return for giving them the products. Then make
your products better. Practice, practice, practice and more practice will
improve your quality.
Learn to use a crimp tool properly. Use
good tools and make your wire work even and consistent. Use good quality
materials in all your work. Would you use cheap clasps and parts from the
hobby store with an inexpensive 7 strand wire if you were making a $100 turquoise
necklace? It's just not right! You must use materials consistent with the quality your
customers perceive them to be. I hear customers that say things like "I
paid a lot of money for that, It fell apart right away." I find that
there's a lot of poor quality work out there; it gives us all a bad name.
Always try to give your customers more than they expect and offer them a
guarantee on your workmanship.
3. Be your own best customer
Do you wear your own jewelry? Why would anyone buy
something you won't wear yourself? From now on, you must wear the products
you sell. Decide what jewelry your going to feature today and
dress accordingly. Don't get dressed and think of jewelry as an
afterthought. You should always know how much your jewelry sells for.
It doesn't sound good if you stammer and answer without confidence if
someone asks you how much you want for your necklace or bracelet.
Remember: It doesn't matter if your going to the dump or to the
doctor, WEAR SOMETHING YOU CAN SELL OR DUPLICATE!
4. Carry business cards at all times
You should always be prepared to introduce
yourself and hand out a card. You never know when you'll get something
really good from it. I gave out a card one day to someone who was buying a pendant I
made. Two or three days later I got a call from the prop manager on
the movie set for Spy Kids2. The director liked the pendant and
needed someone to make "manly" jewelry for the movie. My
pendant and jewelry is in Spy Kids 2 and Spy Kids 3. (Ricardo Montalban wears it and
uses to locate the lost kids in the movie). This never would have happened
if I didn't offer a card to the customer every time I sold my work.
Most people are too shy about handing out
their cards. If you want to see how it's done, rent the movie
"Harvey", with Jimmy Stewart. Watch how he gives his business
card to everyone he meets in the movie. Then use your cards to start
marketing yourself to the people you meet.
Click here to order free business
cards. The cards are free, but you need to pay for shipping. Choose
the slow method for the best price. We use these because the are a great
value and they let you give out hundreds of cards for very little
investment.
5. Carry jewelry to sell at all times
If you don't have some jewelry with you, how in the world
can you sell anything? Make up a little briefcase or tote with the
jewelry neatly packed in. We like the "towel" method of
rolling up our jewelry in a towel as opposed to using a little box or bag for each
item.
Use a cheap bath towel (thin) and fold
it in half the long way. Place a few pieces at one end and fold the towel
over. Continue adding more jewelry and folding it over until the towel
"roll" is about 3/4 full. It's quick to unroll the towel so
we can present 24-48 pieces of jewelry in each roll. We can show off a lot more items in
less time if we don't
have to unpack each item to show it. This lets a customer look at more
items in less time. The jewelry stays clean, organized, and it's protected
from getting bent or tangled. Remember, no one wants to buy jewelry if it
appears to be in a tangled mess and they don't have time for you to unpack
each item, they'll lose interest too quickly.
6. Listen for the "Money
Question"
Learn to listen for things
along these lines... "Your jewelry really matches your outfit.",
"Wow, I love your necklace!", "Where did you get your
earrings?", "Did you make that?" or my favorites, the elusive " Do you sell your
jewelry?" and "How much is it?"
A good standard response is
something like... "Thank you, I make and sell jewelry!" at
this point, it's a good idea to be still and listen for more interest from
your prospective customer. Sometimes saying less will get you more.
Learn to be observant, you'll
be able to tell when there is a flicker of interest in their eyes or body
language. If you don't see it, offer your card and go on with your
business. It's all a matter of giving out your card more often, you'll
find interest in your work if you keep looking for it. You'll be surprised
how much you missed before.
If you sense some kind of
interest, don't pounce on them, but you can offer something like "I have a
few things with me, if you have the time to take a quick look." If
you get a "yes, I'd like to look", you'll have between 35 seconds to a
minute to capture their interest. Be prepared to get something into their
hands if they seem open to looking. This is why I prefer rolling my
jewelry in a towel instead of putting it all in little bags.
You may get follow up
questions like, "Do you do repairs", "How much is your
necklace?", and "Do you
teach classes?" Be prepared to answer more questions. Especially
important is knowing the price of your work. Don't fumble on the price,
you should know how much you want for what you have on when
you put it on in the morning. If your necklace isn't for sale, offer
something like, "This one isn't for sale, but I can make you
something similar to it, what kind of price range did you have in
mind?"
7. Know your target customer
If you sell $150-$200, one of a kind
jewelry, don't expect to do a big business at the local Clover Fest or
Beer Bust. If you sell $8 seed bead necklaces, you're probably not
going to get into the Junior League show.
You must know who your target customer is
and market yourself to them. Would you try to use a bear trap to catch a
mouse or worse, a mouse trap to catch a bear? It just doesn't work very well if you don't
know your target customer and market to them.
8. Know your market
If a new venue opened in your
local area, would
you know about it? Keep yourself up on local trends, school and team
colors, events and festivals. You may find you are missing out on
things that could help you market your products. If you don't know what's going on in your local
market, you better find out soon. If you
have your target customer figured out, then you should be on your way to
knowing where they hang out and what they do for fun. Be ready to
provide your jewelry for those type of events.
9. Study your price structure
How much did it cost you to make it?
What are you going to sell it for? These two questions are the most
important when you get ready to sell something. You can't make a
profit if you can't answer these simple questions. The simple solution is
to add it all up and multiply the cost of your materials times some
factor. Typically the range will vary between 2 and 6 times the cost of
the materials. After you figure our your pricing, be sure to give it
the look test. Sometimes a piece will look over-priced and you may want to
redesign the piece so it works better. You also may find that using
your regular price factor comes out looking much better so you can make a
little more money on that item.
10. Make a profit
If you are not making a profit, then why do
all this work? You have a right to make money for your effort, even from
your friends and family. Your
doctor, dentist, or lawyer doesn't do something for nothing; why should
you? You need to get past the idea that you are making money from
people you know. If you've got a skill, you deserve to get rewarded for
your talent. This assumes you have already mastered the quality issues we
often see in hand crafted jewelry.
Many folks we know offer a standard "friends and family
discount" which solves the problem of what to do for a friend or
neighbor who wants you to make something for them. If you don't know
how much try 10-25% off. We use a 15% discount for our
friends and family prices.
11. Price your
products
No one wants to guess how much your
precious jewelry is worth. Neither do they want to ask you about it.
PLEAZZE put a price tag on it so
everyone knows you're not just making up the prices as you go along.
Don't use those stupid string tags either. A tangled mess does nothing to
help you sell your jewelry! Use a barbell tag or make your own and
tie them on tight with raffia. It should look professional, regardless of
how you price things and yes, YOU MUST HAVE YOUR PRODUCTS PRICED.
12. Find a niche that needs to be filled
Nothing will work better than finding a
need and filling it. If you copy the same thing off a website that
everyone else is doing, your stuff looks just like everyone else's work.
Figure out something new and unique to do. It will get you noticed faster
and help you make more sales.
13. Write out a plan
This forces you to see things more clearly.
If
you can put your thoughts into words you can keep revising it and make it
better. Write out your ideas in one of those blank
books. As you formulate new ideas or develop things, you can keep
adding to your idea book. It doesn't need to be a big formal
business plan, although that works too. Just try to get all your ideas
down so you can recall them and refine them. You can also use the
book to accumulate ideas for new designs and to jot down notes about new
colors you spot in the mall or local stores.
14. Be persistent
Your ability to keep going when your not
motivated or when your disappointed will determine how far you are going
to get. Persistence pays off. If your show was no good, find another
venue. If your jewelry didn't sell fast enough, keep working at it to make
it sell better. Do you have the "current" colors in stock? Are
you up to speed on the latest trends? Do your customers
like silver clasps or ear wires and everything you have to sell has a gold
clasp or gold ear wire? Find
out what you can do to improve things and do something about it.
Stop whining about how things didn't go right and do something to fix
things.
Your ability to talk to others
about
your jewelry will improve over time and you'll have more success. People
will remember you, and they'll be open to asking you to make them things.
This happens over time as customers get to know your jewelry and your
professional approach.
15. Do the hard stuff
If it was easy, everyone would be doing
it! This can be fun, exciting, and frustrating
all at the same time. Everyone that makes a necklace or a pair
of earrings won't make money
selling jewelry. You must learn how to market yourself. Take small baby
steps toward the things you find uncomfortable. The worst that can happen is
they will say no thanks, then you can move on. When you succeed, it feels
like you can walk on air!
The people who
work at their craft and offer good quality will find the right market and
do pretty well. Some will develop their skills and some will choose
not to. Which group do you belong in? Doing the hard stuff will pay off if you
keep
after it.
The first point was so important, I'll
repeat it again...
1. There are no excuses!
Sorry but you must accept the fact that
some things are easier to do than others. You'll have to do the less pleasant things as
well as the fun stuff to make this happen. How bad do you want it? Stop making excuses and start down
the path! Most people don't want to do whatever it takes to succeed.
Are you willing to do what it takes? If you are, then you'll succeed.
Remember, if we see you without your
jewelry on or
without your business card, we'll call you on it. No
excuses means you do things to succeed!
ENJOY YOUR JOURNEY AND SEND US A NOTE
FROM THE ROAD!
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