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https://www.jckonline.com/magazine-article/how-much-are-jewelers-marking-up-diamonds/
Consider, for example, that in our latest poll, median gross margins ranged from a high of 55.5% for diamond jewelry costing the retailer $100 to a low of 33.3% for items costing the jeweler $10,000. It’s also important to think in dollars as well as gross margin percentages.
https://www.jewelry-secrets.com/blog/the-real-markup-on-diamonds/
10 time markup? Seriously? Not in the real world. The highest markup I have seen was on sterling silver jewelry made in china and could get up to a 4 time markup. MAX. In this economy jewelers are lucky to get 3X, and on diamonds maybe 1X. Richard Scott // August 25, 2017 ...
https://www.the-jewelry-making-website.com/pricing-jewelry.html
For example: it is typical to mark up sterling silver by 400% when pricing jewelry (cost x 4). 2) Setting an Hourly Rate. When setting an hourly rate you must set a business rate. This rate is not as though you are working for a company, it is a rate to cover all aspects of running your business and all expenses incurred in operating your ...
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