When looking for
wholesale
jewelry
suppliers, the
type of supplier
varies depending
on the type of
jewelry.
Suppliers for
low end jewelry
and costume
jewelry rarely
carry
merchandise that
high end
designer jewelry
and gem
wholesalers
carry. Low end
wholesalers are
common, and
since the price
point on these
pieces is so
low, there is no
secondary
liquidation
market. In high
end jewelry, are
fewer reputable
wholesalers, but
a significant
used and
liquidation
wholesale market
exists.
For costume
jewelry,
wholesalers are
common, but
finding ones
that deliver
dependable
quality is
challenging.
Beware of paying
a premium price
for “tiffany
style” jewelry
and other
designer low end
goods. These are
imitations, and
carry no
additional value
above the metal
and artistic
value. While the
style may be the
same, and may
indeed be from
the same
factory, selling
such as the
designer brand
name has many
legal
implications.
Purchase based
on the item’s
merit, not the
name and the
profit potential
is solid.
Fraudulent
wholesalers are
common in the
low end designer
jewelry. They
advertise glass
as low end
gemstones, and
are known to use
imitation silver
or state false
gold
percentages.
Finding a
trustworthy
wholesaler is
difficult, but
worth the
effort. Most
costume jewelry
wholesalers own
factories
overseas, and
import in
quantity. They
are willing to
sell to any
legitimate
reseller, so
establishing
accounts is
usually trouble
free, and
quantities
fairly flexible,
although larger
quantities
usually lead to
greater
discounts.
High end jewelry
has far more
profit potential
but far more
risk. Fakes and
misrepresentations
are common, and
it is definitely
a buyer beware
market. Some
knowledge of the
industry is a
must, even when
dealing with
quality
wholesalers.
Most wholesalers
travel overseas
to purchase
gemstones, then
design or
subcontract the
mounting into
jewelry pieces.
Most are willing
to deal with new
customers,
provided a valid
resellers
license exists.
They will
usually offer
discounts on
multiple item
purchases.
In the high end
fashion jewelry
market,
liquidators
purchase jewelry
from auctions,
estate sales,
overstock, and
similar markets.
They then grade
the item and
sell at a
markup. Quality
varies between
pieces, and the
interpretation
of the quality
differs as well.
Deal only with
reputable
dealers, and
inspect
purchases
closely as the
wholesaler is
using their
judgement on
merchandise
value, and can
misjudge on
occasion.
Learning to
judge jewelry
value will lead
to finding the
under-priced
opportunities,
and avoiding the
over-priced
pitfalls.
