China Fashion Jewelry Blog

1.Apply for a tax ID number. Many companies will ask for this number before they’ll allow you to purchase jewelry in bulk, become a distributor or become a dealer.

2.Create a marketing plan. Start with your target audience, the people you’ll market your wholesale jewelry business to (children, adults, retailers, men, women, etc.). Along with your marketing plan include an advertising budget. In other words, decide how much you can afford to spend each month on advertising.

3.Determine where you’ll get your jewelry. Will you create it yourself? Do you plan to buy jewelry in bulk, resell it and mark up the price a bit so you can profit? Will you pay someone to make the jewelry for you? Contact companies to become a jewelry distributor or dealer (whichever they offer). You can find companies that accept distributors and dealers through a simple Google search. Search for terms such as “become a jewelry distributor,” “jewelry distributors wanted” and “jewelry dealers wanted.”

4.Build a Web site so you can sell your jewelry to a much larger customer base. In addition to a Web site, start a jewelry-related blog to help increase your sales and build loyalty with potential customers. Your blog could include one or more of the following: your sales, latest jewelry trends, jewelry crafts, latest jewelry news, your bestselling jewelry for the upcoming holiday, etc. Make sure there’s a link near the top of your blog to your wholesale jewelry business Web site.

5.Sign up for a mailing list provider, create a free newsletter through that provider, place the code for the sign-up form on your Web site, and then start building your mailing list. You can send a monthly, weekly or daily newsletter to all of your subscribers, letting them know about your sales, specials, freebies, bestsellers, etc.
Not sure what mailing list provider to choose? Let me recommend Vertical Response (see Resources for link), my mailing list provider. With Vertical Response, you’ll get some great features and you pay only when you send your newsletters and announcements.

6.Sign up for an eBay account if you haven’t already, then use it to sell your wholesale jewelry to interested bidders. If you want to venture outside the Internet as well, visit local retail shops in your area and speak with the manager about your jewelry products. Take along brochures and business cards in case the manager wants to get in touch with you later to place an order or learn more about the jewelry you have to offer him or her.

7. Refer back to your marketing plan to begin advertising your wholesale jewelry business to your target audience list. Begin by creating flyers and hanging them around your community. Next, send a press release to local and online media to let them know about your new wholesale jewelry business.

When Wholesale jewelry  is purchased for resale the price should be lower than the future retail cost in order for the reseller to make a profit. This is true whether it is precious metal or costume jewelry. Typically, jewelry for sale in retail shops is priced three times higher than it cost to buy wholesale. This means a $300 item probably cost about $100 wholesale

1.Determine how much you paid for each piece of jewelry by checking the invoice or sales receipt. If there were shipping and handling charges divide them by the number of pieces you purchased, and if there were no shipping charges make sure you determine the expense of picking up the jewelry, if that is applicable.

2.Add the amount to the cost of each piece of jewelry and calculate their individual costs.

3.Add the cost of packaging materials, such as cotton padding, bags, jewelry boxes, tissue paper or any other material that is used, to the total.

4.Once you have calculated the total cost of each item the typical procedure is to double that amount to arrive at a wholesale price

To have your own Wholesale Jewelry business can be always profitable and rewarding. This jewelry business like any other business requires certain things which should be taken good care off in order to achieve success in short period of time. The most important component other than searching for the right bulk accessory, retailers and distributors is to find all the best accessories for this business. There are certain things which are considered as essentials for the true success of a wholesale jewelry business.

The foremost and effective investments in Wholesale jewelry business are the business cards. Having customers that place repeated orders are considered as means of support for any business to flourish. It will be difficult on part of the clients if they are unable to make consequent acquaintances with the wholesalers when they are not provided any means to contact. These business cards will not require to be very expensive and you can design the business cards with attractive fonts and color contrast and incorporate the basic information like business name, mobile and land line numbers, fax and email ID. The wholesalers should also consider printing pamphlets, brochures and catalogues which comprise brief descriptions of the different ranges of wholesale fashion jewelry items.

Along with the wholesale costume jewelry products, the wholesalers may offer certain promotional products such as coasters, calendars, door hangers and other items as freebies which are liked by all customers. These promotional gift items require very little investment, but they are sure to guarantee send a good message to the potential clients.

The marketers may also consider having display cards for their wholesale fashion jewelry products such as pendants, ear rings, and necklaces. These display cars are really must haves to keep the fashionable jewelry items in their perfect shape and stock them properly. Using hang tags may also be a good option to arrange those costume items like bracelets and other jewelries which are not demonstrated on display cards.

The packaging of wholesale jewelry is another important element which should be take good care of. These fashion products may be packed in gift boxes which can be easily sourced from the local gift wrap or packaging wholesaler. It is very essential to select the gift boxes with correct size for placing these accessory items as too large or too small gift box may look unfitting. It is always better to purchase the gift boxes which have inner lining as it will prevent damages to jewelries inside as well as enhance the aesthetic value. Small gift bags and pouches in velvet or other synthetic fiber are also good investments and it can be printed with company logo to give it personal touch.