Business skills

Pricing handmade jewellery — a framework, not a formula

Your hours have a rate — the framework makes sure the price says so.

No single formula prices handmade jewellery — but a framework keeps you
honest on both ends.

The floor (cost-based) — materials + packaging + your hourly rate +
overhead share + selling fees. If the market will not pay the floor, the
problem is the design, the materials, or the channel — never the rate.

The ceiling (market-based) — what comparable pieces sell for in YOUR
channel (markets ≠ boutiques ≠ online). Research honestly; position
deliberately.

The value layer (between) — techniques that raise price honestly:
certified skills, rare materials with disclosed provenance,
heirloom construction, named techniques ("hand-knotted").

Psychological price points — 45 reads cheaper than 50; 120 reads
serious. Round or charm — but never apologetic.

The review cadence — repricing quarterly; material costs move. The
entrepreneurship course builds the full model with real numbers;
the collection method
keeps the tiers coherent.

What students say

“I hope to start and improve my own online shop.”

— Josephyn Y. (Singapore) · published student feedback

“I love all subjects, especially metalsmithing. I just love to fire and shape things.”

— Angie K. (Singapore) · published student feedback

Free ways to explore

No sign-up, no payment — start with any of these.

Explore the Fashion Jewellery Arts diploma

A structured path from first sketch to professional finishing — taught hands-on in Singapore by JDMIS.

Visit jdmis.edu.sg