Over the past several years there has been a huge demand for quality, wholesale sterling silver jewelry products. This demand for silver has put the pressure on the prices, which have doubled over the last year, sending retailer jewelers scrambling, trying to hold their costs down so that they can attract new customers as well as retain their current clientele.
Finding quality, selection and price all from one source can be a challenge. The best way to manage your wholesale sterling silver jewelry purchasing budget is to deal with a supplier who do the forethought to purchase a large stock before the prices went through the roof and are willing to pass the savings on to you. A large, well established company has this advantage over its smaller competitors and it is worth your while to create a business relationship with them. In the best case, they will not only provide your business with outstanding sterling silver jewelry that is affordable to you and your customers, but will also provide some technical support and marketing advice as well.
One reason why you will find this level of service is because the competition within the wholesale sterling silver jewelry market is just as steep as it is in the retail sector. This works to your advantage in your search for the pricing that best suits your budget. Research wholesale sterling silver jewelry vendors online, so you can review the current fashion trends, discover who is buying and what price point is most reasonable.
If you choose to create a re-sell account with online wholesale sterling silver jewelry vendors, make sure that you get all the facts before hand, for some of these online sources have a higher minimum order than if you were to purchase from their physical location. In order to find a vendor with a back stock of sterling silver jewelry, you need to look to how many years of operational experience in the real-world they have behind them, ideally, an online presence is an extension of the company, make sure that the company is not just an online operation.
You will find most of the better wholesale sterling silver jewelry vendors take the time to participate and showcase their goods in the large jewelry shows that make yearly visits to the major cities. At these events, you will have the opportunity to meet and talk with designers, manufacturers as well as wholesalers. What you see at these shows can give you a better idea of the types of sterling silver jewelry that will appeal the most to your customer base.
Best of all, many of the exhibitors use these events to offer special items for your inventory at great savings. You will be able to browse hundreds of wholesale sterling silver jewelry distributors at once, making it easier to compare price points and select your inventory within a short period of time all at one location.