Fair Pricing
We scour the internet, local stores, and annual markets to find the highest quality materials at the best price for us and more importantly, you! We take those material and make your one-of-a-kind piece. We have also built relationships with the best manufacturers and vendors to ensure you're receiving the best. We handcraft with the same quality materials and craftsmanship as popular luxury jewelry brands without the excessive markups.
Pricing:
Let's talk numbers - Here at Ted. Jewelry we believe in price transparency. We want you to understand what goes into making our pieces, how they are priced, what is sourced, and where are final price comes from. Our pieces are handmade with a lot of care and time goes into making every piece. We know that not every piece will be the best priced on the market due to the handmade nature of our business. Our ultimate goal is to keep products at a 3-5x markup.
Example on a couple of our best sellers:
- Material cost (gold filled beads, elastic string, cement glue): $11.20
- Packing and shipping cost: $5.70
- Payment processing (2.9% + 30¢): $1.43
- Labor cost: $6
- Total cost to produce: $24.33
- Total mark up: 1.61%
- Retail price: $39
- Material cost (gold filled chain and charm): $12.91
- Packing and shipping cost: $5.90
- Payment processing (2.9% + 30¢): $1.92
- Labor cost: $5
- Total cost to produce: $25.73
- Total mark up: 2.18%
- Retail price: $56
THANK YOU FOR SUPPORTING YOUR LOCAL ARTIST!