Wholesale Sterling Silver Jewelry – Different Selling Prices – Why?
By admin at 12 October, 2009, 5:48 pm
Labor Cost
If you are a silver jewelry retailer plus you are searching for silver jewelry for resell, do you realize that while you are doing your research in Google or Yahoo, you will receive a list of wholesaler who lists their jewelry prices a miniscule higher? Let me give you an example, if you are looking for a simple sterling silver ring or wedding band, the weight for this ring is approximately 2 or 3 gram per piece plus the cost of this material is around $0.40 – $0.90. Let me report to you why there are so plenty of wholesaler out there are selling you for the price of $2.00 – $19.00 or more.
The first reason is the labor cost. The manufacturers have to pay for the cost of turning the raw material to done goods. There are costs for metal melting, molding, polishing, handmade, casting, high level craftsmanship plus assembling.
Precious Stone Cost
Plating
Before you purchase any jewelry, plz ensure the type of stone used in the jewelry. Some jewelry comes with Cubic Zirconia or Swarosvki Crystal which are cheaper compare to gemstone. A gemstone or gem is also called a precious or semi-precious stone. For the jewelry that comes with pearl, there are synthetic pearl plus genuine pearl. Jewelry that comes with synthetic pearl will usually cost lower because the pearl used are man made pearl.
Silver jewelry is mostly plated with Rhodium. Rhodium will prevent it from tarnishing plus it is usually cost over silver. So, this will make the jewelry to be more pricey.
Price Fluctuation
A quantity of the jewelry wholesalers will associate the price of the jewelry with the current silver/metal market price. These are the case that might cause the jewelry to be cheaper this week plus to be more pricey next month because it all depends on the market price of the metal at that time. Nevertheless, some wholesaler might set a fixed price to the silver jewelry regardless the price alter of the metal market price.
Courier Fee & Insurance
It also depends on the wholesalers to set the price of the jewelry. If you have done your research, you will notice that some wholesalers will list the price over you expected because they might add in the shipping cost plus insurance to the jewelry itself.
Business Overhead Expense
There are ongoing expenses of operating a business. Normal ongoing pricey are bills, utilities, machines, employee’s salaries, office & factory rental fees, breakage, e commerce web site, advertising fees plus so on.
Profit & Revenue
The seller will require to have profit in return for every sale they made. Now you will have some idea plus knowledge on why there are plenty of wholesalers or manufacturers are selling at plenty of different prices. Plz make sure that all the jewelry that you purchase has stamped “.925″. Some wholesaler also able to get prices a miniscule lower than a normal wholesale price. It all depends on how you deal with the manufacturer.
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