Monday, January 9, 2012

Purchasing Sterling Silver Jewelry at Wholesale Prices

!±8± Purchasing Sterling Silver Jewelry at Wholesale Prices

Want to pose a refreshing picture at that drab corporate party? Or, aspire to be a style icon at your fun, all-girls' party? Well, whatever your needs, sterling silver jewelry is right here to pep up your looks and add oomph to your persona. Available in a variety of designs, styles and sizes, the jewelry comprise rings, earrings, bracelets, necklaces and much more! Besides their exceptional beauty and quality (resembling platinum or white gold), they are also very affordable. Some stunning pieces are studded with beautiful stones, such as CZ ruby, emerald and sapphire. That is, you can get the sheen and shimmer of these invaluable stones at just a fraction of their prices. The best deals are available for bulk buyers or for those buying at reputed online stores.

Sterling Silver Jewelry: Wholesale Purchase Tips

Remember the following points while buying sterling silver jewelry wholesale:

Price: The price of sterling silver (alloy made of silver and other metals) is determined by the price of silver. For instance, if silver is priced at 50 cents a gram, a 10 gram silver ring will cost you around . However, the fact that 10gm jewelry costs much more is explained by the additional labor charges, cost of other materials, overhead charges, custom duties, price fluctuations, shipping charges and profits. Besides, wholesale jewelry prices are influenced by day-to-day changes in silver price.

Labor Charge: This involves the processing of the alloy, which include casting, molding, assembling and refining, to create the finished goods. As the craftsmanship of the jewelry increases, so does its labor cost. Similarly, stone studded jewelry is more expensive than simple ones.

Add-ons: The cost of additional materials used, such as pearls, rhinestone, Swarovski, or any special finish. For instance, silver is often coated with rhodium to lend it an anti-tarnish finish. Similarly, customer may opt for pure silver or other finish of their choice, thus increasing the jewelry's cost.

Overhead costs: The price must also cover the overheads of operating the business, which include utilities, rent, and employees' salaries.

Import duties: Imported jewelry incurs custom duties (around 5-10%), which are passed on to the customer.

Besides, the price also includes shipping charges and profit margins for the wholesaler. Understanding the industry mechanics helps you get the best deals from reputed sellers.


Purchasing Sterling Silver Jewelry at Wholesale Prices

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