If you've ever wondered why a handmade piece has a specific price, here we clearly explain how the real value behind every piece of UV resin jewelry is calculated.
The Final Price Is Based on 3 Key Ingredients:
To calculate the price, we first sum all the costs, and then we add the profit percentage.
1. Direct Costs (The Base Investment)
This is the cost of everything that becomes part of the piece, calculated by gram or by unit.
Exact Material Cost:
* UV Resin Cost (Per Gram):
* If a 100g container costs $20, the cost per gram is: $0.20.
* If a pair of earrings uses 5g, the cost is: $1.00.
* Accessory Cost (Per Unit):
* If 100 hooks cost $15, a pair (2 hooks) costs: $0.30.
2. Labor Cost (Your Time Is Gold)
This is where skill and dedication are paid for!
Calculation of Working Time:
* Rate Per Minute: If the hourly rate is $15.00, the minute costs: $0.25.
* Total Time Cost: If a piece takes 30 minutes in total, the cost of Labor is: $7.50.
3. Indirect Expenses (The Operating %)
These are the expenses that are not visible but are necessary for creation (electricity for the UV lamp, sandpaper, tool maintenance, etc.).
* We apply a fixed percentage on the sum of Direct Costs and Labor (the Base Cost).
* Common Example: 10% to 15% is applied to cover these expenses. If your Base Cost is $10.00, we add $1.00 (10%) for indirect expenses.
4. Profit (The Growth %)
This is the benefit. After covering all expenses and your salary, this profit ensures sustainability and innovation.
* The profit is applied to the Total Cost (Base Cost + Indirect Expenses).
* Common Recommendation: The profit margin in craftsmanship is usually 100% to 150% over the total cost. This means you multiply your total cost by 2 (100%) or by 2.5 (150%).
In Summary: A Fair Price!
When you see the final price of our resin jewelry, you know it is designed to:
* Cover the exact cost of high-quality materials.
* Pay for the expert work invested in creating it.
* Include operating expenses and allow us to continue innovating (the profit).
Thank you for valuing the art and effort behind every small masterpiece!