Saturday, January 13, 2018

My Jewelry Business AHA Moment

Did you experience having an moment in your life where you think you finally figure out something after trying all you could think of. It’s like one of those stories, where a grandma was trying to find her eye glasses everywhere only to find out tansy they were on her head. Well, I’ve had one of those moments just recently.

I attended a jewelry branding bootcamp with a a purpose of finding a system to help grow my business. I was just thinking of getting help so I could be organized. Turns out a lot of us jewelry designer aren’t very organized at all, although our online shops may look very put together. It’s good to know I am not an alien in that area. 

I loved the idea of collaboration over competition. It was so cool to be connected to the people I admire in the jewelry industry. I was so intimidated to share anything to the group but I windup finding a new friend, I could call a jewelry buddy when I feel like I want to talk about my struggles and celebrate my little succeses in business. Shoutout to Jacqui Jimenez, my Filipina jewelry buddy from afar.

I am so grateful to Tracy Matthews, Robin Kramer and the team at Flourish and Thrive Academy for organizing the bootcamp so well. To say that I have learned so much is an understatement. Now, I have a clearer picture of the direction where I want to take Lannie’s Design. Thanks to all of you Flourish and Thrive for giving me the opportunity to refine my brand, define my style and for helping me have a more possitve mindset.

I am still on the road to recovery for under valuing my work of art but I’m getting there. In the past four years I was wondering how can I possibly make a living by selling jewelries if I make very little. I am so ashamed to say that yes, despite working more than 12 hours a day for my jewelry I make so little to pay myself. It is such a sad story to think about. 

If you have been following my etsy shop, don’t be surprised if you see a jump on my price. I just can’t continue to keep doing what I was doing. I want to make more because I want to give more.

It was hard for me to raise my price because in my head, I am my own customer. I was doubting the idea because it will discourage my customers. My heart was beating fast and I feel like having a stage fright while sitting on my chair while working on changing my prices. I was scared but I started doing it until I feel a little more comfortable. It was a huge leap of faith for me but I am very thankful to an encouraging coach, Melissa Camelleri Anicich, for explaining so well why I should not underpay myself. I can’t forget the analogy she used. If an artist can charge high price for a piece of art they made, why can’t I as a jewelry artist. My mindset was the problem after all.

I remember being so stressed from overworking and feeling so down because I actually didn’t make much in spite of my effort to sell more. Now I know that the very reason I wasn’t successful was my negative mindset. This is definitely an AHA moment for my business.