Home Based Jewelry Business

Posts Tagged ‘design’

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Question: I make custom jewelry made of beads, crystals and natural stones. I like to start selling them to local shops

How would i approach local business into carrying my products. What Prices should i be asking? assuming my cost of materials is ten dollars for necklace, 7 dollars for bracelets and 5 dollars for earings?

Answer: I would approach shops owned by locals, not chain stores. Very few chain stores will carry local goods -- their inventory is determined by the larger company, rather than the individual outlet.

When approaching the stores, consider it just like a job interview. Make an appointment first. Show up dressed nice, be polite, and bring a wide variety of your work to show them. Give the shopkeeper the opportunity to evaluate the work -- maybe she has some ideas about particular styles she thinks would sell. If the store is already successful, the shopkeeper must have a good eye for choosing merchandise. Try to learn from her opinions.

You need to figure that the store will want to make at least "number" -- the amount they pay for the item. This is a good place to start. You probably want to make "number" on your items, too, so $7 in materials for a bracelet might be sold to the shopkeeper for $14.

The shopkeeper then needs to make about the same amount to make it worth her while to sell the item. So we're up to a $28 bracelet. Compare similar items in other stores, and be honest with yourself: will my bracelet sell for $28?

If the answer is no, here are a few things to consider:

(1) other ways to sell your item. How about eBay? You could ask $14 for the item and sell it directly to the consumer. A lot of people make very good livings on eBay! I buy things there almost every week. Another online way to sell is to register a website on Yahoo and sell your items through their online stores. How about craft fairs?

(2) lowering your costs. Are you paying retail prices for your materials? If you are serious about this project, you may wish to buy your beads from a wholesale supplier, usually at about half the retail cost. This will involve some investment, as you will need to buy much larger quantities than you do at a retail store. Wholesalers for every item in the world can be found on the internet, and even on eBay. Can you get the price of the materials for that bracelet down to 3 or 4 dollars?

I wish you the best of luck -- this sounds like a very exciting project!

Working with Natural Materials

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Question: Does anyone want to make the most amount of money in the least about of time? Must live in the US and be 18 y?

If you love jewelry & want to make money, would you be willing to do jewelry parties showing designer jewelry? Would you be interested in receiving $1,000 kit to market the jewelry for just $1? This is a serious question - no scam here. Please send your e-addy if you want more info.

Answer: You're advertising!
I just reported your sorry a'ss.

How to Start a Gold Party Business Part 2 - Your Gold Party Kit

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Question: I need help choosing the best accounting software.?

Hello! I am a small business owner, married, and have a full-time job out of the home. I want to get accounting and invoicing software for my businesses. I have a freelance writing and editing business and a jewelry and accessories business. I would like the software to allow me to create customized invoices and quotes, track payments, show where money is going and coming from, organize charges for tax purposes, allow me to print and email the invoices and quotes, organize my clients and customers' information, easy to use, and not too expensive. I would prefer one software package rather than two to do both the accounting and invoicing. It can be any brand as long as I can download it. I would like only software(s) with a free trial to see if it is for me.

Answer: It's not exactly what you are asking for, but Quickbooks is the way to go. Yes, it's a little expensive and takes some time to learn. But it's full-featured. It can handle anything you are doing now or wish to do in the future. It has all the features you want.

You basically can't get full-featured software that is 'easy to use' and inexpensive.
I know - I've tried many different accounting programs. Eventually, you will want to enter a transaction and the cheap software won't have the required feature. As an aside, tax laws and tax tables change every year, so whatever you buy if you are planning to use it for tax purposes will need to be upgraded to the new tables each year. And yes, you have to pay for such updates.

4. GWT - PRODUCT OVERVIEW # 3