selling jewelry is a profitable business but I don't know much about it. I do know that costume jewelry is also a good business and if you have the right supplier, you can make a serious profit.
Selling Jewellery A Great Business
- Thread starter Hate2Wait
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Artificial jewellery might even turn out to be moving faster than tye original authentic ones. That's because it is what the masesycan afford and they would come back r buy another one when the previous ones fade.
It really depends on the grade of the jewelry that you are selling because there are some that are very expensive which makes it very difficult for you to sell a lot of them quickly.
There are many kinds of jewellery. Some people also wear artificial jewellery as wearing expensive jewellery is also not considered that much safe as well. Some people prefer jewellery made of silver.
Zselkung jewelries is a good business but it is not a business that move quickly. Jewelry is not an essential commodity but luxury goods. It is only people who fancy it patronize to buy it. It's market do not move like the essential commodity. The area you establish the shop also matters. Jewelry shop must be established in busy urban areas.
That's right I agree with you. The business of selling jewelery is a good business. Because now jewelry is in great demand by people, apart from being worn ornate, it can also be used as an investment or as a gift for others.
The target market for this business is the elites. They are the ones that can afford to buy pure gold. The middle class market segment that can also be targeted are young ladies. They love to buy jewelery too.
There is a friend of mine who only deals on designers jewelries and they are very expensive but his customers are unique customers who are able to pay for it.
Selling jewelry is a very good business and one that has a lot of profit but it requires learning and getting some important information, without these one can run into loss
Part of me wonders about the potential saturation in the market. With so many options out there, how can a jewelry business stand out? Don't get me wrong, I love unique pieces myself, but I guess I'm considering the challenges that come with running such a business.
Same with my mom, back then she used to sell gold jewelry along with cloths, especially women wears but later on she had to move on to other things, according to her where she usually buy the gold from, the journey there is pretty much stressful.
The only thing you have to do is make sure that you buy original jewelries and not the fake ones so that the jewelry will not get rusted after a short period of time. This is the mistake I made when I first sold jewelry