subject: 4 Great Ways To Earn Extra Income With Jewelry [print this page] Earning money with Jewelry has its distinct advantages. It seems like even women with little interest in Jewelry have at least a small collection of it. Another wonderful thing about Jewelry is that by definition much of it eventually goes out of style and needs to be replaced. All of this adds up to a very large continuous market. Even in a bad economy the decision for many women is not whether or not to buy but, rather how much can they afford to spend. Here are 4 great, proven ways to earn extra income with Jewelry.
Sell Jewelry at Shows, Fairs and Festivals: There is nothing better than putting up a jewelry booth at an event where people have come with the specific intent to spend their money on jewelry. Jewelry booths can present a golden opportunity especially when compared to a fixed store location where it is uncertain whether or not the ideal customers will be in the vicinity. With Jewelry booths the business is actually moved to where jewelry customers are known to be.
This extra income idea is not quite as low cost to start as some others because money is needed for a portable booth, inventory (even if you make it yourself), show entry fees, travel and lodging. However this is far less risky than renting a traditional store. Besides with a booth you can start with just one show per year if you wish until you can afford to do more.
Some of the secrets to success with this type of jewelry business is offering something that is just not available in traditional stores yet can be used for traditional occasions like work, weddings and church just to name a few.
Jewelry Shopping Service: Men are often clueless when it comes to picking out an appropriate gift for that special someone. Often men just give up the idea before it gets off the ground. This is where a jewelry shopping service can be invaluable.
The jewelry shopper will often interview a potential customer for information about their budget, the function of the gift and perhaps the preferences of the gift recipient. A small, hand-picked selection of unique jewelry is then presented. If all goes well the selection process is quick, painless and ideally produces a memorable gift that is well received.
For this income idea you must have a sense of quality jewelry that fits current and classic trends. It is necessary for you to learn how to market to and fit in with those that can afford this service.
This can be an extremely low cost start-up especially if you can acquire jewelry on a consignment basis. It can be started on a very small scale with just a few clients on a flexible part time basis. One obvious trick to this business is to do such a good job that you get lots of repeat business and referrals.
Jewelry Parties: Casual parties that introduce new products to friends, neighbors, acquaintances, co-workers and church members have proven over the years to be an effective way to sell unique items like jewelry. Sales parties can actually be low key, low pressure and lots of fun. They are also relatively easy to learn, have low start-up costs and offer scheduling flexibility. Jewelry parties also have the potential to produce a great income.
The way it works is that you look for a source of jewelry. These can include your own creations or jewelry companies that are specifically set up for party style marketing. Next you recruit people that are willing to have a simple party at their house. You provide the host with a few product freebies or a cut of the commissions in exchange for them inviting friends and family.
When everyone arrives you give a short presentation, hand out catalogs or brochures and ask for orders on the spot. Make sure the guests know that they can conveniently order additional items from you by phone or website even after the party is over. Also let them know that they are all welcome to host a party of their own for future product discounts or for pay.
One of the secrets to success with this form of jewelry marketing is to learn how to get party bookings after you have exhausted the good will of your family and close friends.
Sell Vintage Costume Jewelry Online: Some people have discovered that there is a significant market for inexpensive, vintage costume jewelry. Once sources for the Jewelry have been secured they are often sold on auction sites like eBay for a very significant profit. In fact there is at least one young mother that once sold a $2.00 broken necklace for over $2000. She currently earns a full time living at this while having a schedule that is flexible enough to take care of her school age children. She has also written a book about this business.
These are by no means the only ways to earn extra money with Jewelry but most of these extra income ideas can be started quickly with relatively little money. Another thing they all have in common is that they can make a great part time income with the potential to become a full time venture.
As always, seek out advice from those that have already succeeded in these businesses. Don"t waste your time and money re-inventing the wheel. Look for friendly experts to interview in person or for those that have written eBooks or DVD training courses.
