subject: 5 Additional Income Sources For jewelry Stores [print this page] In this recession time everyone is looking for cost cutting methods and ways to increase the revenue through additional income channels. If you run a jewelry store, here are few tips that helps you expand your dimensions in the business.
1. Start online store: If you have a physical shop, in addition to that start an online store to triple folds your business sales. Online shops make it easy for people to order for jewelry and you can ship them after receiving the payment. Though t takes some good time initially to start gaining trust, with an established shop, it is an easy and simple way to begin.
2. Offer special discounts on bulk orders. For functions like Birthday parties, wedding ceremonies and anniversaries offer special discount on bulk sales. This definitely drives huge sales volume and with your brand advertised on easy og the gift package, chances are more for recurring orders for similar parties.
3. Take Designing classes: Teach people the art of jewelry design. If you are an expert in it and have done some good designs over years for your customers, then why not try this? You can always find some young enthusiasts who crave to learn jewelry designing.
4. Offer gift wrapping: You can charge some nominal amount for this service or even offer this as a free bonus for the people who order for jewelry of certain type of price. This increases sales of few unpopular items are even boost more people getting into the store to avail this offer.
All these 4 tips are every easy to start and will definitely bring more people to shop and convert more sales.
