You've always had a great eye for beauty. That's one of the reasons why the jewelry store that you work at has chosen you to supply them with a few sources for wholesale jewelry suppliers for the following year. You are definitely excited about the challenge, but you really don't know where to begin. To help you out, the following paragraphs will give you some pointers on what to look for in a wholesale jewelry supplier.
Quantity Of Product
When you buy anything wholesale, chances are, you'll be purchasing in bulk. Buying wholesale jewelry is no different. One of the important characteristics of any decent wholesale supplier is that they should have a large quantity of jewelry pieces. There is absolutely no sense in dealing with a wholesale jewelry supplier that doesn't supply you regularly with the product that you want.
Quality Of The Product
Of course, the actual quality of the wholesale jewelry is even more of a consideration when choosing a supplier. Jewelry, with all its sparkle and brilliance simply will not sell if it is poorly made. So be sure to talk with other jewelry distributors and see what their experience has been. They might not give away their favorite supplier, but they might just let you know which wholesale jewelry suppliers to stay away from
Pricing And Bulk Discounts
Wholesale jewelry, like any other items sold on a wholesale basis should definitely be offered to you at a substantial discount. A basic rule of thumb is that you should be able to double the price given to you, add 50% to that, and still be able to sell it to a bargain hunter. Therefore, choose a wholesale jewelry supplier that can offer you at least 65% off the retail price. It might take a bit of negotiating, but it most likely will be worth the effort. In addition, many wholesale jewelry suppliers will offer bulk discounts when you purchase a set amount. Go ahead and take the chance and ask; you'll be glad you did.
Of course, one of the most important aspects of choosing the best wholesale jewelry supplier is the type of merchandise that they can offer. If they only offer items that you know won't sell to your customers, chances are that particular wholesale jewelry supplier is not for you.
So be sure to do all your research, and keep in mind at least a few of these pointers when choosing a supplier for your jewelry business. Both you and your boss will be glad you did.