How to Select Jewelry Wholesale

How to Select Jewelry Wholesale

Selecting jewelry isn’t hard, when you can see it
and touch it. However when you purchase jewelry
wholesale, you often won’t have this opportunity
before making a purchase, since most of these
purchases are made online or through mail order.
This makes the selection process a bit harder.

Start by reading all of the information that is
supplied. Make sure that words like ‘gold plated’ or
‘faux’ are not used if you are looking for genuine
pieces. Contact the company and ask for more
information if you are unsure about anything that
you are reading as well. Make sure you are getting
wholesale prices. Look for similar pieces at the
online jewelry stores, or even at your local jewelry
stores, and compare the prices. The wholesale
price should be much lower.

Also check the refund and exchange policy of the
business you are planning to purchase from. Make
sure that there is a ‘no questions asked’ money
back guarantee, or the offer of a 100% refund if you
are not satisfied. If there is no refund policy, there
should be no deal! You can find other jewelry
wholesale from companies that do offer refunds
and exchanges.

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How to Price Your Jewelry Wholesale

How to Price Your Jewelry Wholesale

Pricing is an issue that many people in the jewelry
business often worry about. However, there is a
method that you can easily use, whether you
purchase jewelry wholesale or make your own
jewelry. Pricing is very important. You don’t want
to charge too much, because you won’t sell
anything. On the other hand, you want to make
sure that you charge enough to make a profit.

If you purchase your jewelry at wholesale prices, a
markup of 15% to 30% is usual, and people will pay
these prices. In the grand scheme of things, apply
the 30% markup, and make that the ‘regular’ price.
When you need to move merchandise hold a sale,
and use the 15% markup price as the sale price.

If you make your own jewelry, determine the total
cost of the piece, including the cost of supplies,
shipping, warehousing and packaging, then apply a
15% markup. With the 15% markup, your jewelry
will be priced at the wholesale price. If you sell the
jewelry to the general public yourself, as opposed
to selling it to retailers, apply the retail price, which
in this case would be about 45% above your costs.

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How to Open An Online

How to Open An Online
Jewelry Store With Jewelry Wholesale

Opening your own jewelry store has never been
easier than it is now. In fact, you can use the
Internet to open your own online jewelry store and
never stock a single piece of jewelry! In fact, your
jewelry store could be open for business in less
than a day – and the only thing you would need to
do is market it! This is pretty much an instant
business.

First, find jewelry wholesale suppliers. If you want a
truly ‘hands-off’ business, find a wholesaler who will
drop ship to your customers. This way, you never
have to handle any of the stock. Here is how it
works. You get your website set up, with an online
catalog of all of the jewelry that you offer. You
market that site to the public. Customers start
visiting your site, and they place orders. You
forward those orders to the drop shipper, and the
drop shipper handles the rest!

Most wholesalers will require you to pay for the
merchandise before it is shipped. This shouldn’t be
a problem because you will require your customers
to pay for their orders at the time the order is
placed. Of course, you charge more for the jewelry
than the wholesaler charges you.

In most cases, you will be allowed to set your own
prices. Look to see what the wholesaler charges
you, including shipping, then add 15% to 30% to
that price. This is what you should charge your
customers.

If you aren’t sure how to go about setting up a
website, you can probably find a wholesaler who
will provide you with a website. Most of these
wholesalers charge a fee for the site, and your site
will usually look like all of their other distributors.
This should be your last option.

You may consider opening an eBay store. There is
a fee for this as well, but at least your store will be
unique. You can also bypass the eBay store and
simply set up eBay auctions, which are very
affordable for everyone. Make sure that you set a
minimum reserve price for the jewelry that you are
selling so that you don’t lose money, and make
sure that the buyer pays all shipping costs and
insurance.

Again, setting up an online jewelry store with
jewelry wholesale is one of the easiest ways to start
a business today. You can literally be up and
running in a few short hours, and making money
within twenty-four hours of ‘opening your doors!’

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Jewelry, Antique Jewelry