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Article #280: Wholesale sterling silver jewelry Insider Secrets

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Have you seen similar silver jewelry sold high tarnish resistant.
at price difference of two to three times Shipping cost
from different retailers? Have you ever Many styles of jewelry are imported from
wondered how retailers mark up the other countries because of difference in
jewelry after they get them from the availability of raw materials such as
venders? Here we will show you the stones and also the specialties in making
wholesale trading secrets of sterling some particular styles. Hence the
silver jewelry. shipping cost of transporting is also
Price per gram part of the cost. Usually, for imported
The most important piece of information sterling silver jewelry, the shipping
for determining the price of a piece of cost can amount to 10% of what it costs
sterling silver jewelry is the price per to make the jewelry themselves.
gram of the silver. This is the Custom Duties
fundamental raw material cost of a piece For the same reasons, imported jewelry
of sterling silver jewelry due to the incurs duties at the custom. This is a
fact that silver is considered a precious cost that normal consumers are not aware
metal. For instance, the price for of but it can also increase the price of
silver is $9.5 per ounce, the price per sterling silver jewelry for 5% to 10%.
gram is determined by dividing the price Price fluctuations
per ounce by 31.5, which is 30 cents. Some sterling silver jewelry trader,
Therefore, the cost for the raw material especially wholesaler would associate the
for a 5 gram wedding band ring is roughly price of the jewelry with the current
$1.5. Some might wonder why people would silver price. Therefore, the price of a
pay $30 for a silver wedding ring when piece of sterling silver jewelry might be
the silver only cost $1.5. The different from month to month, and even
followings will explain the difference. day to day in the case of wholesale.
Labor cost Business Overhead
To turn raw material into finished goods, Just like any other business, the sales
it involves a great deal of processing have to cover also the overhead of
cost. The metal itself has to be melted, running the business. Normal overhead
molded and cast, polished and assembled. costs are employees' salaries, rent,
Most of the times, silver jewelry is utilities and breakage.
accented with various stones, the costs Profit
for setting the stones are also a major Of course, the price you pay includes the
part of the total cost for jewelry, profit for the sellers.
especially for jewelry that requires high By knowing the above facts, you can make
level of craftsmanship. much more informed decisions when buying
Other materials wholesale sterling silver jewelry and
Also, the costs for any additional most importantly, avoid scams. There are
material are added to the jewelry. For occasions when people make fake silver
instance, a pair silver pearl dangle jewelry and sell them at a very low
earrings that has two cultural fresh price. If you know how to determine the
water pearls with rhodium finish should cost of a piece of silver jewelry, you
cost double the price of the silver to won't buy into deals where they offer you
make because of the cost of the pearl and a price that is lower than the normal
rhodium. Note that rhodium is even more cost of real sterling silver jewelry.
expensive than silver itself and it is






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