I would like some advice and anecdotes about your experiences selling wholesale or consigning items--especially to museum gift shops, etc. This is very new to me and I think it helps to know how the process has worked for others.
A question for those who sell on Etsy: Have you had a problem with wholesale buyers expecting a full 50% off your Etsy prices? Etsy prices are so depressed that a 50% price cut would actually take away all profit and fail to even cover supplies on many of my silver items--especially those items that are more labor intensive. I know that the solution is to raise prices but I have my items competitively priced. Those of us who sell on Etsy know the point at which upping the prices will elicit laughter rather than buyers making purchases.
I'm especially interested in hearing about local pricing across the country. I have a very good friend in Indiana who always tells me that my prices are too low and her friend in California has said the same. From what I can tell, jewelry designers & metalsmiths can set much higher prices in those two areas than we can along the upper Gulf coast.
What are your best venues for sales? Do you prefer gift shops, museum shops, farmers' markets, art markets, trunk shows, displays in hair salons, online only? It's clear that I need to further diversify and I think that collecting everyone's experiences here could help those of us who are in need of more info and that extra little push.
I look forward to reading your comments!