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How to Sell Wholesale Jewelry
If you are a creative person, with a great sense of style and flair, you may be able to start your own business – making and selling wholesale jewelry. Because people are so very unique, they want jewelry pieces that are unique – one-of-a-kind pieces that nobody else in the world owns! This desire can make you quite a bit of money – simply start your very own jewelry wholesale company. Custom Jewelry especially quality unique creations are very popular. Many are willing to pay that extra to purchase a one and only original piece. The type of material you use is up to you. The jewelry supplies are almost limitless and the creations you make is only stunted by your imagination. You can easily order wholesale supplies from hundreds of companies around the globe online – at really low prices. Many will ask for your resell license or business license, but some will just ask for your social security number. Make sure you check with your state on the proper license you will need. When creating your jewelry, it is important to keep up with how much each part of each piece of jewelry costs you, and to get a total cost of each piece, including any expenses that you had for having supplies shipped to you. With the total cost figured, you can easily set your prices by adding 15% to the cost, some will go as high as 50%. You can sell your pieces in a variety of ways. You can open your own online wholesale jewelry store, sell to local jewelry stores, rent booths at local flea markets and fairs, or advertise your jewelry making skills and take orders for unique pieces. You can also sell your pieces on consignment at boutiques. You want to be known for your quality. Always select the highest quality gems and stones for your pieces, and make sure that the craftsmanship is outstanding. Become exclusive, and more people will want to purchase your pieces – and never make any two pieces alike. Making them unique is what will keep your customers coming back. However, you can also go the other route and make hundreds of identical pieces, as they are ordered. You do this by making one very unique, high quality piece, and showing it to your local jewelry stores. Ask them if they would like to order in bulk, then fill the order. Creating identical pieces also allows you to order more of the same type of supplies needed, which will give you a better wholesale price from your supplier. The more you buy, the less you'll pay for each piece. It does take more time to create identical products, so make sure you are ready to provide this type of service before undertaking it. Another option is to do catalog sales. Make enough pieces to fill a small catalog, and take pictures of each piece. Write a description for each piece and then put together your own catalog using software and a good printer – or send the work to a print shop. You can send these catalogs out to a list that you obtain from a direct mailing list company or join groups online that are specifically created for exchange catalogs like the Mom Pack. This type of business does require creativity and skill, but it also requires the ability to market yourself and your jewelry. You need to have business cards printed, and also have catalogs and brochures printed as well to market your wholesale jewelry business. You might have a lot of competition, but jewelry creation is unique in itself where no two are ever exactly alike. Marketing your business is going to be key to your success! |
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