Expenses tallied, sales totalled. Without alot of study, it looks like Pretty Cheap Jewelry finished 2009 in the black about $1,000.
I accomplished my 2009 Resolution!
- Make a Profit! -
Success came mostly by working very hard doing a significantly increased number of in-person shows.
But success also came due to producing and selling a few selected high quality, high priced items.
For example, these rings have been selling well (14K gold filled pearl mix cocktail rings starting at $25) ~
Unusual yet beautiful designs have also attracted customers ~
But now is the time for contemplation. What direction to go in 2010?
Before spending a dime, I will form a big picture in my mind what sort of items to create. I would love to work toward developing a signature item or style, though something that leaves elbow room to try new things.
Probably ~ wire work in better quality metals (more gold filled and silver); more gemstone and less common bead types
But what sort of jewelry? Multi-strand necklaces? Specially wrapped stone pendants? Continue with the rings?
I don't want to do the same as what's out there. I want to have original ideas and items. It's not easy.
1. Be true to the name "Pretty Cheap Jewelry", make beautiful things and offer at a bargain price.
It will take another post to find out the rest of the priority list!
And the profits can get warm in the bank for awhile.