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 jewelry wholesale.
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.

You can easily order wholesale supplies from
hundreds of companies around the globe online –
at really low prices. 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.
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How to Select Jewelry Wholesale Beads

When purchasing wholesale jewelry beads, you
must use care. You don’t want to end up with beads
that aren’t worth anything to you! Selecting beads
takes a lot of thought – we aren’t talking about
plastic beads that children use to make jewelry. We
are talking about quality beads used to make grown
up jewelry!

Avoid cheap plastic beads. This may be suitable for
some pieces, but it isn’t very durable – or very
pretty. Instead, buy glass beads or Lucite beads.
These are not only durable, they are very shiny and
pretty. They do not have the ‘cloudy’ look of plastic
beads.
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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.
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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.