07-07-2002, 02:02 PM
A colleague asked my advice about pricing a high quality lampwork bead for her website. What in the heck do I know about pricing? I don't know anything. This is a unique and wonderful bead. Here is what I said, and I think it is good advice. I told the beadmaker that whatever price range is rolling around in her head, take the high figure and add ten percent. Because the talented tend to undervalue their work, especially when relatively new. The beadmaker would like it priced to sell right away, and this beadmaker has a customer following on the internet. Did I give good advice?