More retailers chose to go for selling jewelry pieces because the goods are not so complex but can also be considered luxury goods. Hence, the costs may not be so expensive and the items do not need high maintenance making this kind of business practical and sustainable. But starting the business requires sufficient technical knowledge to build the foundation and navigate throughout the whole jewelry business scene. One of the most important aspects of building strong and successful fashion jewelry reselling endeavor is to maximize where your financial capital can go or something that you can use in your daily routine and events.
Buying wholesale supplies ultimately helps
As a starting entity in the jewelry selling market, a lowered overhead to your items will make consumers interested to see more of your products. This gives more opportunities to find better profit and sales inventory. Buying in bulk means that you pay less for more premium quality items as long as you find the best suppliers that fit your needs and concepts. With more stocks that you have, you also gain more audiences as they will have more choices from your store. The main challenge is how to choose the best wholesale fashion jewelry that will provide you with less prices, durable quality with good craftsmanship, and with the best designs and jewelry trends. The items below could be useful tips.
Look for a Reputed and Legitimate Wholesale Supplier
It is desirable to find a supplier with that you can build a long-term partnership with trust and confidence. One of the primary things to do is to look for more than one wholesale supplier and compare everyone on your list. Evaluate which one you think fits mostly to your vision and goals and try to make deals or proposals. Among the good characteristics of a good supplier that you should look for include:
· On-time delivery of the orders
· Convenient prices that fit the quality you get
· Complete delivery of items and associated accessories like jewelry boxes, cleaners, and bags
· Up-to-date and classic product designs
· Fast and accommodating to your needs and queries
With all of these qualities of a supplier, you can keep your business running on a good track as you can also have an updated stock and inventory in your store.
Here are some of the best fashion jewelry wholesale suppliers online.
1. Nihao Jewelry – specialized in wholesale fashion jewelry and other accessories. Their products include stainless steel jewelry, silver jewelry, gold-plated jewelry, and more. No minimum order is required.
2. Shopgirly – Various wholesale jewelry available for women, girls, and kids.
3. Rananjayexports – Apart from pendants, rings, earrings, and bracelets, they also offer high-quality gemstone jewelry.
Make Sure that the Products are Reliably Authentic and Real
This can be done by checking product descriptions and codes. Also, look for the legitimate business permit of the suppliers. You can also ask for some details of the suppliers’ manufacturers such as the country or location of the manufacturer. For the product details, you should ask for the genuineness of the materials, the material itself, weight, sizes, and also the country of origin. Then do some research on the information you get afterward.
Never Go Huge on your First Try
Buying wholesale fashion jewelry items also requires a lot of meticulous steps to avoid wasting money. If you have found or made a decision on the best supplier out of your list, it is not recommendable to order a large bulk of items when you order for the first time. You should try their items first and see if the supplier meets all your expectations such as the delivery period, quality of the items, etc. See if you are satisfied before you establish a regular transaction and put in larger orders next time.
Be Creative with Transacting and Proposing with your Supplier
It is best if you have the talent to make creative deals with your supplier such as making proposals that you can get discounts for buying specific stocks at a particular amount. You can definitely alter their offers that make win-win situations and can also give you a better opportunity with getting more saleable stocks with timeless designs but paying less. You may also ask for a promotion or discounts from your suppliers with their old stocks and market the items to your customers for bulk sales like buy-2-get-1 or buy 1 item with high overhead and get free items.
Study the Supply-Demand Aspect
Make use of the high or peak season such as the season of giving gifts like Mother’s Day, Christmas, Wedding Season, and Valentine’s Day when buying wholesale fashion jewelry items, may it be for personal use or for your business. One of the secrets to achieving more sales is to lock an order with your chosen supplier ahead of time before the high seasons arrive. Furthermore, look for stocks that you can buy during the low season as there are fewer orders and you can get more items on sale and with discounts.
Conclusion
Jewelry is a fascinating item that interests lots of audiences and draws them into buying one. Having a fashion jewelry business is a very interesting endeavor as you can do marketing in any way you want. Thus, may it be fine or fashion jewelry, advertising the items is easier because these are items that can be worn every day or during important events making it one of the basic wants of the consumers or for your personal use.