How To Open An Online Wholesale Jewelry Store

Opening your own online wholesale jewelry store has never been easier than it is now. In fact, you can use the Internet to open your own online jewelry store and never stock a single piece of jewelry at your home! In fact, your wholesale jewelry store could be open for business in less than a day – and the only thing you would need to do is market it! This is pretty much an instant business.

First, find jewelry wholesale suppliers. If you want a truly ‘hands-off’ business, find a wholesaler who will drop ship to your customers. This way, you never have to handle any of the stock. Here is how it
works. You get your website set up, with an online catalog of all of the jewelry that you have for offer. You then market that site to the public. Customers start visiting your site, and they will soon be placing orders. You then just forward those orders to the drop shipper that you are using, and the drop shipper handles the rest!

Most wholesalers will require you to pay for the merchandise before it is shipped. This shouldn’t be
a problem because you will require your customers to pay for their orders at the time the order is
placed. Of course, you charge more for the jewelry than the wholesaler charges you.

In most cases, you will be allowed to set your own prices. Look to see what the wholesaler charges
you, including shipping, then add 15% to 40% to that price. This is what you should ordinary charge your
customers.

If you aren’t sure how to go about setting up a website, you can possibly find a wholesaler who
will provide you with a turnkey website. Most of these wholesalers charge a fee for the website, and your site will usually look like all of their other wholesale distributors. This should be your last option for a website.

You may consider opening an eBay store. There is a fee for this as well, but at least your store will be
unique. You can also bypass the eBay store and simply set up eBay auctions, which are very affordable for everyone. Make sure that you set a minimum reserve price for the jewelry that you are selling so that you don’t lose money by doing auction’s, and make sure that the buyer pays all shipping costs and insurance.

Again, setting up an online wholesale jewelry store with very little money is one of the easiest ways to start a business today. You can literally be up and running in a few short hours, and making money within twenty-four hours of ‘opening your shop!’

eBay and Drop shipping – Getting the Product to Your Customer

If you hope to own an eBay business, and make a full time living at it, you can easily make that dream
come true – even if you don’t have a product of your own to sell. eBay provides many people who want
to quit their corporate nine-to-five jobs with a way to make a good living, without having to put up a lot
of start up capital. This is made possible with the help of drop shippers. Drop shippers send merchandise
to the customers of business owners. If you have an eBay business, you are a business owner. This will
allow you to offer a wide variety of stock in your eBay store, without having the need to warehouse
all of those products!

All you have to do is set up your auction, and sell the product. You then pass the customer’s
information on to the drop shipping company. The drop shipper does the rest, and they will even use
your company information, as well as your company logo if you have provided it to them. When the
product arrives at your customer’s home, they will have no idea that your company didn’t send it.
The drop shipper will package, label, and ship the products that you sell, allowing you more time to
set up even more auctions, for greater profits.

You must establish a relationship with several drop shipping companies in order to become successful.
In the beginning, most companies will require you to pay for the items that your customers order before
they are shipped. You need to fill orders in a timely manner, so you should pay for the items with
a credit card for speedy service. Eventually, you will be able to have the drop shipper fill your orders,
and then bill you for them later.

When you set up your eBay auctions, make sure that your reserve price is set higher than the price
that the drop shipper will be charging you for the item. The idea, of course, is to earn a profit!
Depending on the item you are selling, a markup of about 10% should be about right, but you should
do some research to see if the item is selling for a lower price in another eBay auction, or through
other online sources.

By starting an eBay business using the drop shipping method, there is essentially no financial risk
involved. The product will be sold before you pay the drop shipper for the item. This is one of the few
businesses where you can actually turn a profit before you have expenditures!