Once you’ve done that, check the online platform to get an idea of the quotation and MOQ. However, the jewelry stock market in Yiwu, Wuai, Meihu, and Xiawang stock streets are more popular. Many simulation jewelry importers prefer going to these markets to source and import their products. Importers who go to these markets enjoy the benefit of getting their products at a cost that’s ten times lower than the original factory price. Some of these products are even sold by weight; for instance, $4 per kilogram. You can import jewelry from these markets for as low as that. Yiwu is a commodity market and it’s a major wholesale market for those looking for costume jewelry.
You have less freedom to sell one-of-a-kind pieces as bulk orders require easy-to-replicate pieces. As your business grows, you’re going to have to change the way how you do things. You’re going to be overworked, not organized enough, and start missing out on having a life. Once you’ve established a working relationship with a store owner, it becomes a lot easier to ask for the sale again when it’s time to reorder. Even if retailers don’t place an order immediately, there is still value in participating in trade shows for the leads and contacts you will leave with.
CONDUCTING QUALITY CONTROL FOR YOUR JEWELRY PRODUCTS
Unfortunately, we aren’t setup right now for overseas buying. Maybe call around to some local jewelers and see if any of them have gemologist jewelry buyers who can help you. If you go that route, I would encourage you to check out our article on how to sell jewelry on eBay.
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Certain principles may also guide your business and be part of your differentiator. Produce jewelry through a manufacturer if you prefer to focus on design. If you have an idea for the product but don’t want to make each piece yourself, you can hire a manufacturer to produce your jewelry. Start with accurate sketches or 3D renderings of your design, then hire an assembly team or third-party manufacturer to create the actual pieces. Most manufacturers can ship directly to your customers.
Plus, depending on the card you sign up for, you can earn valuable points, rewards or cash back that you can redeem and put right back into your business. Capture beautiful photos of your jewelry, both on and off people. Focus most of your marketing on Facebook and Instagram ad campaigns. People want to see the jewelry right away, and the pricing and descriptions as well. However, vetting jewelry suppliers is a little different from other industries. Keep in mind that Alibaba is suited for wholesale and AliExpress is better for dropshipping. You don’t get to vet the products before they get sent out.
But, the good news is most jewelers do have a large selection of gems so it is definitely possible to reuse the mounting. I may have found a couple examples of your ring on ebay . It looks like they are listed for $780 – $1,100, but those are not sold listings, so it’s hard to know what they are actually selling for. Hopefully that helps, and if you’re local, you can always bring the jewelry by the shop for a free value appraisal. So, it’s best to know the approximate value of your jewelry before you go in. Then you can use that information to negotiate or just walk away if their offer isn’t good.
Read more about wholesale silver earrings here.
Still, it’s low risk because you can test it out for a few months for a small amount of money. Sales pitches like these are time consuming but since you are being thoughtful about which stores you’re pitching to, it’s likely that you’ll hear back. Unless you plan to sell physically in trade shows, you need product photography for your website and/or wholesale marketplace listings and later on, maybe for catalogs. Would you buy your jewelry at the price you arrived at above?
When it comes to selling jewelry, it can seem like a confusing world out there. Where to start, what to do, who to go to are all vital in making informed decisions and ensuring the best value for your piece. Integrate with social media, use built-in SEO best practices, and encourage customers to leave product reviews. Take advantage of the Google Ads credit to drive more traffic to your jewelry business. An alternative to building your own website is to create a store on Etsy, but it’s more suited for handmade jewelry and made-to-order items. And since it’s a marketplace, it’s harder to get exposure and traffic to your Etsy store.
If you’re curious, you can read more about how jewelry is valued on our blog. It’s definitely worth the gold weight of the 14k. Unfortunately, the black onyx doesn’t carry much intrinsic value . If you are able to bring in the ring to the shop we would be happy to give you a free value appraisal. If not, feel free to email us some pictures and any other details you have (gram weight, receipt, etc.), and we can give you a more accurate ballpark estimate. We have the equipment and training to determine if a diamond is natural or man made or a fake onsite, and we can test it in front of you.