Tips To Become A Wholesale Distributor Of Jewellery

by Eindia Wholesale Manufacturer | Wholesale - Indian Fashion | Tradit
Are you planning to begin your own line of business? Or are you looking for ways to expand your current business activities? Well, I have a brilliant business idea for you. How about becoming a part of a huge network of jewellery wholesalers and distributors? Yes, you guessed it, right! Here I’m talking about distribution of boutique collection jewelry wholesale items. Considering that jewellery business is a million dollar market, wouldn’t you like to take a slice of this sweet pie? One of the best things of owning a jewellery business is that you hardly fall short of customers. The demand of jewellery is persisting throughout the year. Imagine, offering a wide array of products to businesses with whom you share your jewellery passion? Seems like a lot of fun and exciting?

Once you’ve decided to work as a wholesale jewellery distributor, the next thing you’re required to do is choose the type of audience you intend to address. For that, you have to pick from either of the two alternatives: business-to-business or business-to-customer distributor. Under the business-to-business customer model, a distributor can shop for bulk jewellery pieces at wholesale prices from the artificial jewellery wholesale market and offer them to retail jewellery outlets that serve the end customers. Typically, this distributor labels the jewellery at a price higher than its actual cost prices but lesser than the retail prices. It isn’t a bad idea if you have huge money to invest and adequate space to store your bulk collection. Relatively, you have a lesser number of customers over a regular retail outlet. As a B2B distributor, you do not have to bothered about customer service requirements.

On the other hand, as a business-to-customer distributor you have to build a unique and versatile jewellery assortment by procuring boutique collection jewelry wholesale items from a well-established network of wholesalers. Further, you can fulfill the customer needs of the market  through an online/offline store or an affiliate marketer such as Ebay or Amazon. Here, it is worth mentioning that many online jewellery websites are opting for drop-shipping services to reach out to a huge user base.

Jewellery comes in various designs, patterns, appearances, textures and categories. Before creating your wholesale jewellery empire, look for yourself as which type of jewellery you wish to offer. It can be anything from costume to fashion or fine jewellery. Also, ensure that initially you keep your focus on one category and eventually add more to your collection. Costume jewellery is said to be the most inferior quality jewellery, so it doesn’t burn a hole in your pockets. Whereas the fine jewellery assures the best quality, thus, is required to maintain well. Price and quality are two major determinants in assessing the worth of a piece of jewellery in artificial jewellery wholesale market. Ornaments crafted out of natural elements are also falling in fashion jewellery.

Whether you decide to go for B2B or B2C, marketing your business is essential in both situations. In B2B, the easiest way to promote your brand is to come up with competitive pricing policy. You can also participate in jewellery shows to connect to a new retailers. In B2C, it is advisable to launch paid advertising campaigns to be successful in  your endeavours in case you’re counting on your own website. Interestingly, you can also do a collective venture of B2B and B2C efforts.

So, what are you waiting for? Collaborate with companies that suit your jewellery requirements and be the boss of your own life.

Hope you found this article useful. For any assistance or query, feel free to connect with us!

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About Eindia Wholesale Freshman   Manufacturer | Wholesale - Indian Fashion | Tradit

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Joined APSense since, November 29th, 2018, From Jaipur, India.

Created on Jan 17th 2019 07:27. Viewed 618 times.


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