There are many wholesale jewelry vendors out there. How do you choose the one that’s right for you? Read further on for details.
Wholesale jewelry vendors are middlemen between the manufacturer or designer and you. They source necklaces, rings, earrings, bracelets, and more by purchasing bulk quantities at a discounted rate. Then, they do the same thing with you, giving you a discount when you purchase bulk.
If you are searching for wholesale jewelry vendors, you have likely already discovered the process can be more challenging than buying wholesale clothing. Certain expectations are placed on jewelry items you must try to meet to make customers happy.
Finding the right wholesale jewelry vendors is a big task. However, there are guidelines you can follow to make your search successful.
What Is Their Reputation?
Wholesale jewelry vendors get reputations just like designers, retailers, and manufacturers. Research to discover if previous retailers were satisfied with their services and products. Read all the comments on their social media pages to see how they interact with and engage their followers. You can see how they respond to questions and how long it takes.
Ask for a copy of their wholesale jewelry certification, which should be up to date. You can also ask for references and visit the Better Business Bureau and YELP for information. You want to determine if they follow through on promises, offer quality items, and treat customers well.
Do They Know Jewelry?
As a retail boutique owner, you may not have special training in jewelry, and that’s okay. Your wholesale jewelry vendor should be able to teach you what you need to know about their jewelry so you can sell it to your customers.
Listen to your wholesale jewelry vendor. Do they sound knowledgeable? Do they know the differences between metals, stones, and makers? Does their jewelry match current trends? Do they switch up their product line to offer variety? Don’t be afraid to ask questions about the jewelry they wholesale.
How Many Jewelry Items are in Stock?
With each piece of jewelry you order, ask the wholesale jewelry vendor if the item is in stock, how many are in stock and the minimum order requirements. You may try to purchase a gold necklace only to find out it is on backorder for three months. To avoid this, you may ask the wholesale jewelry vendor only to show you items in stock and ready for purchase.
What Are Their Minimum Order Requirements?
Minimum orders refer to the number of items you purchase to receive a bulk discount. If the wholesale jewelry vendor offers small and large batch ordering, that’s great. With small batch ordering, you won’t get the most significant discount, but you also reduce the risk of getting stuck with leftover inventory if your customers don’t like the jewelry.
Small batch ordering also allows you to test the product in your boutique, like a trial run. This can save you time and money.
When your customers love the products you selected, and you keep selling out of them, being able to order a larger batch will save you a lot of money.
How Do They Handle Shipping and Returns?
You may purchase the most beautiful jewelry at a considerable discount, but if they don’t arrive on time or are damaged during shipping, you will lose money. Knowing what to expect from the wholesale jewelry vendor regarding shipping deadlines, returns, and exchanges will prevent surprises down the road. This information can help you plan promotional activities, host events, and place future orders.
Read the fine print when it comes to returns. If the fine print is not something you can agree on, negotiate with the vendor for better terms.
Does The Jewelry Match Your Brand?
Finding a wholesale supplier with clothing, jewelry, and accessories that match your brand and business goals is ideal. You will save a lot of time by choosing a one-stop-shop wholesale vender. They usually have jewelry that can pair well with handbags, scarves, shoes, and other must-have items.
Your brand tells your story, what you stand for, and where you are heading. These must be represented in each item for sale in your boutique. Otherwise, customers will be confused.
Do They Share Marketing Materials?
To capture your attention, a wholesale jewelry supplier likely created an eye-catching photo with a model wearing their jewelry. This is highly recommended for your boutique’s website, social media, and marketing campaigns. The problem? You don’t have time or proper equipment to take professional-style photos to showcase the jewelry.
One solution is to request the use of the wholesale companies’ photos for your marketing purposes. You may think a wholesaler will not want to share something they have spent time and money on, but most are happy to share. They recognize you as a quality customer and want to help you succeed. When your boutique is successful, they are successful.
Where Are They Located?
You may not think your wholesale supplier’s location is important until you need to place an order for products you need by the weekend. The closer you are to the wholesale supplier, the quicker you will receive your products. Items being shipped from overseas can take weeks to arrive.
Another benefit of choosing a wholesale jewelry supplier is that you can visit them in person and tour their facilities. This helps verify what they say is true, if the facility is clean and organized, and if the equipment is functioning correctly. These factors can interfere with the arrival of your items.
Do They Provide Great Customer Service?
Customer service may be one of the most important factors when searching for wholesale jewelry vendors. Good customer services mean they are quick to respond to messages and are eager to meet your needs. They have a positive attitude, show respect, and communicate effectively. When you present a problem, they offer a solution.
A great jewelry wholesaler recognizes you are spending hard-earned money on their products. They go above and beyond to make you a happy customer and repeat buyer.
With the right jewelry wholesale vendor, your boutique and brand will flourish.