The business of selling wholesale jewellery is very popular these
days, and for good reason. Jewellery is something that many women just
can't resist buying...& not just one piece. If they see a pretty
necklace, or earring set, that would match in just perfectly with the
floral dress they have in the cupboard, most will just buy it and add it
to the other 47 sets they already have!
This solid customer base makes it a very profitable business to be in, whether you're on the retail or wholesale side. As a wholesaler you have plenty of retailers to sell to, and as a retailer, you have plenty of customers to sell to.
Which brings us to our next point, what are your business options? Do you want to be a jewellery wholesaler, where you buy from the manufacturer and sell the items to retailers, or do you want to be a retailer, where you buy wholesale jewellery & sell direct to the end consumer?
Both sides of the fence can be just as profitable as each other, so it more becomes a matter of what business model will suit you best.
A wholesale jewellery business has the potential to provide you with more flexibility in your business hours. This can be great for mums with a young family. As a wholesaler, you can even run your business largely online, as a mail order service for the retailers - you have an ordering system set up on your site, & keep your stock in a spare room or the shed.
When you receive an order - mail, fax, phone or online - you simply pack the order and send it off to the retailer via mail or courier. Initially you'd have to do a bit of leg work, visiting retailers and getting your products out there, but once established, the website should be able to handle most things for you.
A retail jewellery business can also be run online, or in a traditional street front shop. The traditional shop doesn't offer the same flexibility as the net, but if you have your shop in the right location, you should initially find you have a lot more customers than an online start-up website would.
As a retailer, you'll have far more interaction with customers than the jewellery wholesaler would. If you enjoy this, then the retail side is definitely for you, but if you don't, then maybe a wholesale jewellery business might be best for you.
This solid customer base makes it a very profitable business to be in, whether you're on the retail or wholesale side. As a wholesaler you have plenty of retailers to sell to, and as a retailer, you have plenty of customers to sell to.
Which brings us to our next point, what are your business options? Do you want to be a jewellery wholesaler, where you buy from the manufacturer and sell the items to retailers, or do you want to be a retailer, where you buy wholesale jewellery & sell direct to the end consumer?
Both sides of the fence can be just as profitable as each other, so it more becomes a matter of what business model will suit you best.
A wholesale jewellery business has the potential to provide you with more flexibility in your business hours. This can be great for mums with a young family. As a wholesaler, you can even run your business largely online, as a mail order service for the retailers - you have an ordering system set up on your site, & keep your stock in a spare room or the shed.
When you receive an order - mail, fax, phone or online - you simply pack the order and send it off to the retailer via mail or courier. Initially you'd have to do a bit of leg work, visiting retailers and getting your products out there, but once established, the website should be able to handle most things for you.
A retail jewellery business can also be run online, or in a traditional street front shop. The traditional shop doesn't offer the same flexibility as the net, but if you have your shop in the right location, you should initially find you have a lot more customers than an online start-up website would.
As a retailer, you'll have far more interaction with customers than the jewellery wholesaler would. If you enjoy this, then the retail side is definitely for you, but if you don't, then maybe a wholesale jewellery business might be best for you.
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