What do you need to know when looking to find a wholesale jewellery accessories supplier
If you finally decided to start your own business and choose the jewellery accessories since this is a trend that never dies, you probably realized by now that the most important role it is played by the wholesale jewellery accessories supplier. If you do not find a good wholesale supplier than your business can not grow and have profit. Maybe is a good idea to understand how the wholesale system works even before you open your business or decide on the products because after all, the wholesale system is almost the same in every category of the products. Actually? It is not a good structured system at all but a large collection of random vendors around the whole world. Some of them are really great and professional but some of them are definitely not so great.
You probably heard about sites or platforms where the wholesales from China are gathered in just one place to make things a lot easier for the acquisition managers but maybe is not a good idea to go for one from China with everything that happens there right now. They are in lockdown because the pandemic and your goods will have a huge shipping delay.
Once you have decided on the jewellery accessories niche, it is time to search and see exactly what types of wholesale suppliers are available around your country. It is extremely important to read all the reviews available about them as well because there are many e-commerce professionals who are telling stressful stories about problems and situations that they had with their wholesale suppliers during the time.
In general, first thing you need to do after you check the company details (to see if they aren’t bankrupt or stuff like that), is to try working with a reputable wholesale jewellery accessories supplier who will deliver on time and provide a reliable contact, and of course, gives you a set of benefits to work with his company. In addition, you also need to take a look on their products to make sure they are qualitative, certified, they have got a secure payment system and several payment options, they have a good B2B platform (business to business platform) and so on.
If your business is online, a cheap and easy way is to try a dropshipping supplier because in this system, you don’t need to have money for the goods and neither a warehouse to keep the stock. In dropshipping the supplier will honor the orders directly to your customers and you will not need to hire any person to work in the warehouse, pack the products and get them ready for shipping. In this system, you will only need a good and serios supplier and a contract with a courier company which can provide shipping services such as Dpd, Dhl and so on.
In case you have a warehouse and ship everything yourself, you will get a higher profit for each product you sell but it is more expensive to start because wholesale jewellery accessories suppliers or any supplier for that matter, have great offers with good prices for big quantities. Most of them usually have a minimum quantity order or special prices for several piece intervals. Beside profit, the fact that this system allows you to have a good control about the shipping process and also about the returns, is another big plus.
Finally, there is a 3rd system that could be cataloged as mixed. This system involves a partnership with a big marketplace that stores the products into their warehouse and ship everything to your clients and all you have to do is to find the perfect supplier, buy them and ship them to your marketplace warehouse.
The reason why it is so essential to decide on which system will fit your needs is because you need to find out if the supplier you look for, will be able to provide and deliver everything you need.
For instance, mostly wholesale suppliers are more than happy to just sell you products at wholesale prices and ship them directly to your warehouse, while the other ones which also have dropshipping deals, can be a little more difficult to find.
