A jewelry trade is the purchase and sale of precious metals and gems. It can also include other materials used to make jewelry like glass, fused glass or enamel; wood, often carved or turned; shells, ivory and bone; plastics and resins; and hemp or twines. The jewelry trade is a global business that includes both retail and wholesale purchases. It can also include resale and estate sales. It can be a lucrative business for individuals who have an eye for quality and style.
One of the most popular places to sell jewelry is on eBay. This online marketplace has a global audience and is a great place to find buyers for your creations. When listing your items, take clear pictures from multiple angles and include a description of the item. Also, include a price and whether the item has any certificates or appraisals that may add value.
Alternatively, you can use social media to list your pieces for sale. Facebook Marketplace has a local and national reach and is easy to navigate. You can set up a shop with a customizable theme and add a photo gallery for customers to browse. When listing your items, be sure to include the type of jewelry you are selling, a brief description, and the price you are asking.
If you are dealing with a valuable piece of jewelry, it is best to take your pieces to an auction house for review. These companies specialize in evaluating and selling fine and antique jewelry. They will assess the item based on its condition, style, and history. They will also examine the paperwork to verify the authenticity of the piece.
Another option is to sell your jewelry through a consignment shop. These shops will sell your jewelry for you and give you a percentage of the final sale. It is important to research the consignment store you are considering before signing a contract, as they will vary in their terms.
For example, The RealReal is a high-end consignment online retailer that pays up to 85% of the retail price for luxury goods. This company has an extensive online customer base, including luxury brands and independent designers. It is an excellent option for those with expensive jewelry they are not wearing or no longer want to wear.
In addition to selling your jewelry on a third-party platform, you can try selling it at local fairs or markets that attract buyers interested in handmade or artisan products. These types of events are a great way to get feedback from potential customers and build brand awareness. It is also a good idea to offer multiple payment options, so your customers can choose the method that works best for them. This will help increase sales and decrease the number of returns or exchanges you have to process. This will reduce the amount of time you spend on administrative tasks and give your customers a more pleasant shopping experience.
