40. How to Increase Your Prices in Your Jewellery Business with Jessica Rose

Jewellers often get stuck with pricing in their business, especially when they first start out. This is a really crucial topic for us to talk about because pricing is so important. We’re going to talk about some tips on how to increase your prices, and we hope you join for this great conversation!   EPISODE RECAP   The first tip is to do a price increase in stages (5:13) The next tip is that you never need to defend your pricing. To anyone. (8:20) When you’re increasing your prices, you’ll want to decide how you want to do it (12:44) Low prices may be putting your customers off (14:37) People do not buy your work based on price! (17:19) Consider the value you’re giving (18:09) Finally, know that you’re worth it! (20:37)   RESOURCES The Jewellery Design and Drawing Course Pricing Your Jewellery For Profit      Find Jewellers Academy on Instagram and Facebook!