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How To Increase Mark-ups When Selling Silver Jewelry
2011 trends, regarding silver jewelry, are a great mystery and a big question to many silver jewelry designers. When considering where the market is going to, and what will be the trends and styles that will provide turnovers and excite consumers, thus provide better margins, the faded picture is leaving everybody somewhat confused.
The common idea that the market analysts may agree upon is that the market of 2010 was highly segmented and had reflected mix of trends rather then a well recognized mainstream leaders.
Some say that this multi-segmented market demand is triggered due to the precious metal prices that broke all known records, going up to crazy records. As gold prices keep consumers away, many find that silver jewelry trends are quit appealing. These consumers have obviously preferred handcrafted silver jewelry and lines made with silver artisan scent. This phenomena is noticeable all over Europe, UK, and USA, where affordable silver jewelry prices creating a demand that have been well noted by jewelry stores, to include handcrafted silver jewelry ...
... and designer sterling made pieces on windows’ showcases.
Looking towards 2011, jewelry artisan and designers feels insecure regarding where the market is going to, and feel that 2011 will repeat the same sales reports that indicate no trend leader, but a multi-trend market demand.
Without inspecting the sales report with keen eyes, jewelry stores shopkeepers prefer designer silver pieces because it means better mark-ups. The trick is to buy these lines first hand with minimum side-expenses, thus maintaining the maximum profits, as margins decline when traveling to jewelry fairs, is a major cost for small budget buyers. An online B2B purchasing may deliver nice results, if it suggests a refreshing models and affordable labor prices, and most important, no commission involved. Such an opportunity is suggested with this issue author with his on-line B2B site dedicated to silver jewelry of unusual nature.
Written by Zafrir kashi, a 3rd generation descended of family jewelers and jewelry designer & manufacturer for the last 25 years, CEO of www.loveofsilver.com, a silver jewelry exclusive online shop.
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