What is a wholesale jewelry business?

The earliest jewelry discovery can be traced to 25,000 years ago when a fishbowl necklace was found in a Monaco cave. Years later, jewelry is still an accessory that works as a fashion piece, design, gift, interior decor, and status symbol. Simply put, almost everyone adores jewelry, and now is a great time to start your own online jewelry business. With more people becoming fashion conscious, it’s evident that the jewelry business will always have a demand.

Like other wholesale businesses, wholesale jewelry involves purchasing jewelry from suppliers and selling it at wholesale prices. In other words, running a wholesale jewelry business means buying and selling jewelry products at a lesser price compared to retail prices. Meanwhile, wholesale business doesn’t necessarily mean buying in multiple quantities but at a lesser price than retail.

Why should you sell wholesale jewelry online?

Jewelry is a very diverse fashion accessory that appeals to women and men. As a wholesale jewelry seller, you can offer necklaces, wristwatches, belly rings, earrings, anklets, etc. Also, you can have these products in different designs, and shapes, and in various materials like diamonds, pearls, steel, beads, and ruby, just to name a few. For a consumer product as diverse as this, it’s clear that there is always something unique to offer customers. Here are some reasons you should consider wholesale jewelry online:

1. More sales: Due to the advent of technology plus the Covid-19 pandemic, there has been a shift in the way people shop. People now prefer to shop online, and the internet is a thriving marketplace to sell anything, including jewelry. With this in mind, creating an online jewelry store is an efficient way to help people find their next favorite gem. You have the opportunity to reach more customers anywhere in the world without the expenses of building a brick-and-mortar store.
2. Lucrative: The worldwide jewelry industry is expected to increase to $292 billion2 by 2025. Jewelry pieces are adorned worldwide and selling them is pretty lucrative.
3. Easy Shipping: Compared to other products like electronics or kitchenware, jewelry products are small and easy to ship or package.
4. Diverse: You can select a wide range of options for your online store regarding jewelry. As a wholesale jewelry business owner, you can decide to specialize in gemstones, gold, diamond, beads, or even everything. Also, you can choose to focus on jewelry types like anklets, rings, wristwatches, and so on. Or you can create a large store with different jewelry products.
5. Jewelrykg: As the first company to propose pricing by weight (Kg), jewelrykg has a more obvious sales advantage in the market because they are the first to propose a new model of wholesale jewelry and put it into practice:

   1. The product line is affluent, and the product styles per kilogram are diversified and suitable for personal use or wholesale sales.

   2. All the products sold by kilograms have independent packaging, not bulk jewelry on the market, and do not have independent packaging. They are all defective products. It will not affect the customer's secondary sales or gift giving.

   3. The quality of the products is good. The products sold by kilograms come from jewelry factories, which are packaged and sold at low prices for the rapid return of cash, or some products that have broken contracts. So the product is by no means inferior, and every product has integrity.

   4. Complete after-sales system.

   5. The products sold by kilograms are sent in random styles, and every purchase is full of surprises. The buyer can even make a wish to get her specified product included in the package sold by the pound.