Do you run an online jewelry store and look for ways to grow your business? When you own a business, undeniable stress also becomes a part of it. Any dip in your profits can sideline your store, or you may end up closing it.
Despite sound advertising and excellent customer service, sometimes, growing your business seems challenging to you. This may be because of advertising or adding non-trending products to your online jewelry store.
Have you ever thought of dropshipping an eCommerce business and adding trending products with the help of the best platform – “Sell The Trend.” It is the best tool that helps you find winning ornaments for your jewelry dropshipping store.
Jewelry holds a billion-dollar marketplace online, so it is a profitable business. According to the Technavio 2018- 2022 report, the online jewelry market is estimated to earn revenue of above 34 billion USD by 2020. Jewelry has no boundaries, both men and women, irrespective of their age, like and wear it. So, if you fear running out of buyers, that won’t happen in this industry.
From the diverse options – rings, anklets, necklaces, bracelets, etc. your customers can ask for anything. Moreover, each of these ornaments can be of different mediums like shells, beads, gemstones, gold, diamond, and others.
Each unique piece has an exclusive design, but to keep your consumers engaged, you need to update your product range with the trending products.
In wholesale business, a jewelry store can leave you with unsold ornaments. But when you are in jewelry dropshipping, testing the products that are high in demand in the market is very easy with “Sell The Trend.” Our excellent platform can help you in figuring out the trending jewelry pieces that are high in demand in other stores. Adding trending products and removing unpopular ones in your business with simple clicks is very easy.
When you plan to start your online jewelry store, the very first thing that you need to figure out is that from where you are going to source your jewelry. Look at the niche of your jewelry store and search for your suppliers after considering that.
Looking for a wholesaler could be the best choice. This helps you in getting jewelry at a very reasonable price, which increases your chances of earning more profit.
But before starting a partnership with your wholesale jewelry supplier, the vetting process is vital. There are various things that you need to consider:
Pricing jewelry for your online store is one of the trickiest things. You never know how much your customer can perceive the value of ornament merely by looking at the picture.
The best rule is to charge three or four times to the material and packaging cost of the jewelry. Your wholesaler will charge you at a wholesale price. When you set the price three to four times higher, it keeps you from experiencing any loss.
Also, stay clear about your return or exchange policies. You need to have a backup for such scenarios or if the jewelry breaks before reaching the customer. Like during shipping, packaging, etc. The backup plan saves you from experiencing any loss.
Trending products are the one that everyone talks about and wants to buy. This could be the one that is new in the market, and people are excited to try it. It can also be any of the old products that is tweaked and renewed interest among consumers.
You can see the rising interest of the product on social media posts, hashtags, and also on searches of search engines.
When you add trending jewelry in your store, it accompanies the following benefits:
While adding products in your inventory, you need to consider which are the trending products that you need to include in your inventory.
Trends are not forever; they come and go. You need to stay updated with the present trending ornaments to stay on top of business. Here are some of the key things for adding trending jewelry into your online portal:
The key to winning the game is entering the market with trending jewelry before your competitor. Just find every day’s trend, by searching for the necessary analytics and data about the popular jewelry of the time.
As discussed above, you can find the latest trends everywhere around you – television, social media, etc. Just stay vigilant because the trends are not recognizable at the very first sight. The earlier you are able to find, the higher are your chances of earning huge profits in the jewelry business. “Sell The Trend” can help you in finding the winning products quicker.
When you are in jewelry dropshipping, offering trending ornaments to your customers is the key to success. The trend is not the same forever, and if you fail to offer the winning products to your valued customers before your competitors, the chances of earning more profit become less.
“Sell The Trend” is the best platform that guides you to find winning jewelry items quickly. It gives you a reason to retain old customers and attract new to grow your customer base.
We help you find trending products that you can sell and earn the profit. Thousands of products get added daily in our powerful dropshipping tool.
Contact us to learn more about our services for benefiting your jewelry dropshipping!
By Lisa W.
Lisa is an integral part of the Sell The Trend Family. She has a keen eye for spotting products right before they become big winners!
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