Wholesale Jewelry, Understanding The Pricing Concept For Wholesale Jewelry
It is very important to understand the pricing concept for wholesale jewelry. There is a big difference between the way in which wholesale jewelry and single custom made jewels are made. A custom made jewel would in most cases be made for personal use or be made to be gifted to a close friend or relative. The emphasis is on quality and personal preference. However, wholesale jewelry is always ordered for resale. The buyer wishes to buy larger volume at a wholesale price and then resell the jewelry in retail at a higher price.
When you order a jewel, the production process involves making a wax mould, a silver mould and then the final jewel in the metal of your choice. The design and moulding expenses are to be borne by the jewel being made. In the case of wholesale jewelry, these overheads are spread over the large volume of the order. However, in the case of single piece jewels the price tag for that single would include these overheads. So the larger the volume that you produce, the lower the overheads per order.
Another interesting issue is about what defines wholesale quantity for a jewelry order. There is no fixed standard for defining wholesale quantity but, here are some figures to guide you along. In the case of wholesale silver jewelry a fairly significant drop in prices will be noticed for orders that are bigger than 25 pieces, this ofcourse assumes that the 25 pieces are the same design. A single custom ring could be priced as high as 250 U.S$ but, order 25 pieces of the same ring and price would drop to around 60 U.S$ per piece. Push the wholesale silver jewelry order to about 150 pieces and you could see a price tag of around 35 U.S$ per piece. In the case of gold, expect wholesale price levels for orders that are for 10 pieces and more.
The Kaisilver research team has prepared a detailed report on wholesale jewelry, spend some time with the report and you will better understand the pricing concept: http://www.newsletter.kaijewels.com/wholesale-silver-jewelry.htm