How to Achieve Wholesale Success in the Silver Jewellery Space

Elf925Wholesale.com

Want to achieve whole sale success in the silver jewellery space? These tips will help you do just that.

1 – Co-op Purchasing

When it comes to battling in the wholesaling industry, you’re going to need to stay ahead while you meet the demands of your customers. This comes when you actively stock up beforehand at Elf925Wholesale.com. This ensures that your business is always able to meet the demands of those who purchase your supplies in bulk.

 

While it may seem costly to purchase in such large quantities without knowing if your customers will come again, most sellers tend to charge a hefty price on the minimum orders. Since you’re dealing with tons of different suppliers, you’ll be forced to at least spend the minimum at each vendor you shop with.

 

2 – Keep An Outstanding Record

If you’re all about the figures, it is a great idea to ensure that you keep track of how your money comes in and goes out. This can easily be done with Outright. Outright is a pretty neat service that allows users to keep a record of the earnings and spendings. If you didn’t already know, Outright is free of charge, so when you use their services, you’ll be saving some extra.

 

Keeping a record ensures that you can be on top of your game when tax season comes around. So if you’re not used to tracking your spendings and earnings, you may find it difficult to see where you’re putting in the hard work.

 

3 – Gather Testimonials

If you’re used to getting tons of rave reviews about your fantastic work, it’s best to start saving every one of them. So whether you’re sending an email pitch out, or you’re chatting with a retail store manager, you’ll need to send them a testimonial or two. This ensures that buyers trust you and it even makes your business look good. Testimonials help a great deal since they set you above the competition.

 

4 – Get Press

If you’ve never been a fan of the limelight, your business will surely thank you later on. Getting positive press in the digital age is easier than before. You can make use of services such as HARO.

 

HARO is a thrice-daily service that provides a list of articles that are in the making and users have the option to respond. By giving a response, you’ll be able to provide all the necessary information about your business. Press will promote your business even more and you’ll be able to seal the deal much easier.

 

5 – Marketing To Store Can Be Done With A Time Saver

One of the most successful ways to put your work into stores is by sending them a pitch and a list of stores that benefit from your products. This saves a great deal of time since you don’t need to drive around hunting for shops that will likely purchase from you.

 

6 – Stay Busy While Waiting

After you’ve sent out tons of emails, you’ll sit and wonder why you didn’t get a response yet. This is one of the most frustrating things that you can ever do and email canvassing usually takes anywhere from days, weeks, and even months before you get a reply. Instead of moping around, it’s best to keep that chin up and continue emailing more stores, creating new pieces for your store, or simply boosting your marketing tactics.

 

7 – Research Your Market

Market research can be done in some of the simplest ways. The most common is visiting galleries and boutiques in your area and determining what is popular and what isn’t. You’ll even be surprised at how easily you’ll find things that are important and even unique. You’ll also be able to determine if the products are the same of similar to yours.

 

If you happen to notice that they carry things similar to yours in-store, it just might be a great idea to speak to employees or the owner about putting your work on their shelves. If for some reason they don’t you’ll be able to know exactly why. Hence, their feedback is valuable. If you stumble upon products that are similar to yours, you’ll need to set yourself apart from the competition.