Jewelry store is one of the most profitable businesses, especially if you have an experience in jewelry industry. Entering the jewelry industry is not very difficult. If you don’t havefriend, family or contact in this business, however there are endless possibilities if you bring on board the right people. With a well planning you can successfully get your jewelry store started. Here are a few tips that you can follow in order to start a jewelry store.

–          If you need financial help to get your business started, you must go to see the commercial banker and show your business plan. The experience commercial lender will assist you with financing.

–          Learn from the professional in the business. Most of jewelry stores owner are experienced retailers or jeweler. Successful jewelry business owners have many years of experience, most of them is learned on the job. You have to get as much information as you can about establish the business by talking to nearby jeweler or visit their store.

–          Look for a convenient jewelry store location. The area near shopping site such as shopping center,ladies’ clothing shop, banks or market place. The good location store should be easily accessible from main road and have plenty of customers parking.

–          Find your specializing for specific types of product. For example, you want to be specialized in selling wedding rings. Explore your market area to see what other jewelry shop specialize in and try not to get in other store lines. You don’t need to start the very competitive business.

–          A success jewelry store needs skillful and experienced staff. You should hire an employees with past jewelry sales experience. Jewelry retail store require staff like salesmen, jewelry designer, goldsmith, gemologist, etc.

–          Make sure that you display your jewelry in a nice way so that the customer can see them through the glass window.

–          Provide customer various payment method, like you can accept payment through credit card, debit card etc. Many people can’t afford buying high price jewelry. You can offer a monthly scheme so that they can buy jewelry from your shop.

–          Like other business, jewelry retail store requires promotion and advertisement. You have to promote jewelry collection in a right way to find potential customer. Word to mouth is the best promotion for jewelry. It has a positive impact on a person and non fee source of promotion. Advertise in local newspaper or website, place coupon or fliers atcomplementary shop such as hair salons, spars and fitness center.

I’ve been interested in beads and jewelry for a long time. I learned how to make jewelry from a jewelry DIY book and magazine. I made some jewelry for myself and give them to my friends as a gift. When I go party, I wore my jewelry as usualand some people wanted to know where to get jewelry like mine, some people wanted to buy the piece I’m wearing. I was very delight to know that there are some people who like my design. I decided to buy some tools and supplies and took a various jewelry making class. Then I found out that it is something I can pursue.

When I felt I had sufficient skill, I decided to open an online jewelry shop. GoDaddy.com and PayPal make it easy for me to set up a website. I added a shopping cart and can accept credit card payment.

I put my website address in the signatures of all my email I send out to everyone and everywhere. My website appears at the bottom of the page whenever I send an email. It got attention more than I expected. I gotorder from some people I never met, some wanted to repair jewelry they hadand I was very happy to do that.

I told my friends and relatives about my site, I sent them gifts from my previous piece I made. Some of them had bought jewelry from me and told their friends who might be interested. They were very supportive and gave me suggestion and encouragement. Some of them posted my jewelry photo at their Facebook pages, that’s really made a difference. As word got out from there, I was invited to present my works at a local craft fair where I met lots of artisan who shared their expertise to me.

I had my business cards showing my web address, email address, phone number with description of my business. I placed them in women clothing boutiques, dentist offices, spa, hair salon, and fitness center. I sent a discount coupon to people who bought from me with their complete order.

At my website, I offered free earrings as sample to anyone who registered at my site. I took photos of my jewelry, made a slide show with Power Point and uploaded it to YouTube.

Those are what I did to increase my sales and get paid for the things I love to do.

Here is the basic information you need to know if you are interested in the sterling jewelry business. Especially for anyone who just begins to trade silver jewelry for their business, please read this article before your business start.

1. Don’t forget to check for sterling silver jewelry finishing. There are different finishing methods for sterling silver jewelry to prevent them to turn yellow over sometime. The popular finishing methods for sterling silver are

– Nickel plating: this is a common way for finishing. Although nickel plating is illegal in some countries, but this finishing method is still be done for the sterling silver. However, the product from this method is not a great choice for anyone who got nickel allergy.

–  The black antique look for some sterling silver: this look is occurred by putting the jewelry piece into chemical solution for silver oxidation reaction. Then, the jewelry pieces are polished before place in the market.

– High polishing: this way is not involved with any plating method. It is popular for the engraved items and for people who are allergic to plating metal like nickel. This step is done by a machine and will not effect to the price of the silver jewelry.

– Rhodium plating: the most expensive finishing method for sterling silver jewelry. Rhodium is a precious metal that comes withhigh price, even more that silver. Therefore, the use of Rhodium is actually effect the price of sterling silver jewelry directly. But the property of Rhodium is to help in tarnish resistant, therefore, it is recommended to go with the Rhodium plating sterling silver for the long lasting jewelry piece with reasonable price to pay for.

2. The stone cutting. Sterling silver jewelries are usually come with natural or synthetic stones set on it. Therefore, don’t forget to check onsize and the cutting of stone as it might effect to the cost of jewelry pieces. The nice stone cut would top up the price for sterling silver jewelry compare with the wrong stone cut which will reduce its value instead.

3. The stone setting. The stone can be set on a piece of jewelry in different ways. For silver bracelets and pendants, the wax setting method is the most popular one. But there are other ways called channel setting, bezel setting, pave setting and invisible setting that are more advanced and give a strong attach of stone to the jewelry body. The price of jewelry pieces are also varied according to the setting method.

The new handcrafted jeweler might face a hard time in the beginning step after open the shop. Selling the handcrafted jewelry can betough business in this slow economic situation, but things will get better if you keep going with your creativity on the high quality products. Here is some information you need to know before start your own handcrafted business.

1. Keep in mind that the business is not a fast growing. It will take sometimes to settle down with the business. You need to allow the time as it will slowly begin. This is the toughest time for your business but if you can pass this tough time and your customers know about your creativity products, they will come back and also invite other people to come along with them. Be clam and do the best for your products and service as customers will always come back for the high quality products with the great services of the supplier.

2.  Keep the unique products for your own style. You can start from the materials use, styles and design according to your shop themes and characters. Get the collection only for your shops, if you want to make your own brands and styles in the jewelry market. If you can start the process from the beginning and directly service to the customers by yourself, without the service ofmiddle man, you can also earn more profits base on the selling price of your products.

3. If you are not ready for your own shop inbeginning, you should think about the consignment instead. You can get the consignment contract with other stores for both side benefits. The store owner will not pay anything until your items are sold. You will not get the money in the beginning but after your handmade jewelry products are sold out, you will get the money for sure. By this way, you can introduce your own brand to the public without more invested money on your own shop. Make sure that you have read and understand every sentence in the consignment contract. If there is any problem, discuss with the shop owner before start the business together.

4. Know who is your target group. Targeting of your market will help you in material preparations and also style creations. Target group research is really recommended beforestart the business in order to keep your product sell during this economic time.