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?
Asked By: binhthen - 11/22/2006
Best Answer - Chosen by Asker
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... More
Answered By: JJ - 11/22/2006
Additional Answers (5)
I'd love to buy 'em! Too bad I live in a country where the dollar is not the local currency.
Answered By: Roxana - 11/22/2006
I used to sell my handmade jewelry in a couple of local shops on a consignment basis, but never made money, so I got a space at the flea market (swap meet) for $13.00 a weekend, started taking custom orders (half down as a deposit) and made them during the week, It was MUCH more profitable!!
Answered By: QT3.14159 - 11/22/2006
Well, my older sister sold her purse's (She had swened them)to a local shop . Don't try to sell to chains look like a pro at what your doing (a.k.a don't say you know i think mabye if you want i could mabye sell you some jewaraly mabye (while looking at the floor) Talk to the owner. And give her your prices. An wear... More
Answered By: Mare - 11/22/2006
Depend on the trend now. If it's very trendy, you can ask 3x -5x from the cost, people will still buy. But yours have to be unique, that no one else having or making them. Use unique Beads!
Answered By: sandraino2002 - 11/23/2006
Your cost-of-goods is way too high. Go to hklap.com for beads, and stuller.com for findings. And price from retail down, not cost up. Find similar items in stores, then figure out a way to sell them to the store for LESS THAN one third the retail. I know this sounds brutal, but you are competing with folks in Indonesia... More
Answered By: aurumfuse - 11/23/2006
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