subject: Selling Silver Jewelry Can Be Your Stepping Stone To Financial Independence [print this page] These days, gaining financial independence is what we all want. But for a stay at home mom or dad, this can be hard to achieve. This is not the case now because selling silver at home can help you achieve this dream.
Selling silver at home is an easy task to do. There are only a few things that you need. A computer, an internet connection, basic computer skills and a reliable supplier are just some of the items that will jumpstart your selling silver business.
Having a Reliable Supplier is a Great Help
You need to find a reliable supplier because this is the key to succeeding in this small endeavor. Your supplier should be able to provide you with a variety of items that you can include in your inventory. The designs should be hip and happening for it to appeal to your customers. It would also be helpful to you if your supplier would be able to provide you with the pictures of the products so that you wont have a hard time doing it yourself. To be able to capture the beauty of the design of the jewelry in the pictures would add to the appeal of the items that you are selling.
When looking for suppliers, look for those who offer a minimum order for their pieces. Check for the one with the lowest possible number because even a $100 minimum purchase might be too much for a newbie like you. You could end up with excess inventory that you might not be able to sell.
If possible, negotiate for a consignment basis with your supplier. This way you can return whatever inventory that is not sold after a specified time. This can minimize your losses and prevent an excess in non-moving items.
Also, ask if your supplier will be able to provide the individual packaging of the items. This will save you a lot of time and effort. When the items arrived pre-packaged in boxes and bubble wraps, you only need to sort out the items and put them into envelopes to be sent to your clients. This way, you can guarantee immediate shipping for on-hand items to your customers.
Easy profits
Selling silver jewelry online is a lucrative business ideal for home-based moms or dads. You can earn as much as 200 to 300% with the mark-up that you put into each piece that you sell. For example, your investment for a silver ring would be around $2-$4 including packaging and you can sell it for $10 on EBay, then you profit as much as $8! There are no huge overhead costs because you run the whole thing by yourself and you do not need a huge office space to accommodate your inventory.
If you are able to sell at least ten rings a day, you can be assured of having $2,400 in 30 days with your $8 per ring profit. And if you have other items to sell then your profit can be more than that. This will be more than enough to bring food on the table and help augment the monthly household budget.
As a business, selling silver jewelry is indeed viable when you want to earn extra income and become financially independent. It does not need a huge investment for you to start it, only dedication and perseverance and time to make it successful.
