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Wholesale Jewelry Sourcing – How to Locate the Right Suppliers

Whether you have an existing jewelry business or are

looking to establish one, it is important to consider some important criteria

before you identify your wholesale jewelry suppliers. Be sure to ask the right

questions (we will tell you what they are!). Links to several sources also

included.

Let’s get right into the heart of this issue. There are

seemingly infinite suppliers of <a

href="http://www.wholesalegemshop.com/">wholesale jewelry</a> as well as anything else you

could want to sell. Here are some key questions to ask yourself, before you

even identify potential suppliers:

1)   Do

you want to purchase from a jewelry wholesaler, based in the United

States, or purchase directly overseas

from a country such as India, Bali or Thailand?

2)   How

much money do you have to invest?

3)   How

much risk are you willing to take?

4)   Do

you care about how the workers that make the jewelry are treated?

5)   Do

you know what designs sell best in the your market?

Basically, what I am getting at is this: if you have capital

to invest, say $5,000 or more, are willing to accept risk and have a good sense

of the market, then you should consider contacting a wholesale jewelry

manufacturer directly in Thailand, India or Bali. There

are very few barriers to entry into this market now, so literally anyone with a

credit card can purchase direct from the manufacturer. But if you don’t know

what you are doing you could lose your $5000 without any trouble at all. The

manufacturers tend to sell you the wholesale jewelry that they want to

sell you – big chunky, ornate pieces with lots of faceted, expensive gemstones.

Generally, it’s best not to rely solely on their judgement. You also have to

consider the expensive shipping costs ($300-$500) and whether you have the

means to sell a large volume of jewelry.

So, if you think outsourcing to India is the

right move for your business, remember these important points!

a)   Verify

the business – unfortunately this is mostly a judgement call

b)   Make

a small order to check quality and service

c)   Select

products carefully so you don’t get stuck with a lot of lemons

d)   Comparison

shop to be sure you are getting the best price for the type of jewelry you are

looking for (usually you can compare a per gram rate).

e)   Give

yourself 6 months to identify your source and get the products you want

f)    Give

your manufacturer VERY specific instructions about every aspect of design, production,

quality control and packing. Trust me, you don’t want to make any assumptions.

Feeling overwhelmed? Consider one of the many domestic

wholesalers of Silver Jewelry. Advantages of this:

1)   Little

risk

2)   Smaller

minimum order

3)   These

<a href="http://www.wholesalegemshop.com/">wholesale

jewelry suppliers</a> usually

know what styles sell best in the western markets.

4)   Better

service, English speakers and someone you can call – don’t take for granted the

cultural connection

Here are a few reputable wholesale jewelry sources: www.silversource.com,

<a href = "http://www.wholesalegemshop.com/">www.wholesalegemshop.com</a>,

<a href ="http://www.teeda.com/">www.teeda.com</a>, <a

href ="http://www.plumbislandsilver.com/">www.plumbislandsilver.com</a>.

Or just search for Wholesale Silver Jewelry on google.

Still have questions? I would be happy to assist. You can

call Aaron at 401-709-4420. Good sourcing!

Aaron Rome

Aaron Rome is the owner of http://www.wholesalegemshop.com a supplier of wholesale jewelry worldwide. He has been sourcing and wholesaling silver jewelry for 13 years.

View all articles by Aaron Rome