If you are making jewelry to sell, then you need to think about what will net you the most profit. The more money that you make from each sale, the more your time as a jewelry maker is worth. It is therefore very important that you spend a little bit of time considering what components to use in your finished designs. The mantra of “buy low, sell high” does not always apply in the world of jewelry making, because not everyone will be willing to spend a lot of money on homemade pieces. Many people in your target market will actually be looking for low cost alternatives to the expensive, mass-produced pieces which have flooded the market. Therefore, as a jewelry maker, you must use the mantra “sell low, buy lower”! And this is where snap jewelry comes into it…
What is snap jewelry?
Snap jewelry is a really brilliant concept which allows you to mix and match “fashion snaps”, so that you can easily change jewelry designs. The jewelry utilizes backing pieces which different fashion snaps front pieces can be popped on and off of. There are thousands of different designs for front pieces, so you can change your designs in the push (or snap) of a button.
How can using this type of jewelry help to maximize my profits?
Because this resource is so versatile, it is possible to buy them in bulk, without them going to waste. In general, buying larger numbers of items helps to keep the costs down, due to a concept known as economies of scale. However, most people cannot take advantage of this, because they will never be able to use all of the products that they buy. As a jewelry maker, you will be able to take advantage of buying large numbers of snap jewelry pieces, as you will be able to come up with hundreds of different ideas for homemade products using these jewelry making supplies.
Thrilling your customers with the variety on offer
Because this type of jewelry is so versatile, it is very easy to “sell” the idea of the product to your customers. One cool idea is to make amazing snap bracelets, necklaces or earrings to sell on your stall, but also set up your stall with lots of different supplies pots as well. When you are selling the first piece of jewelry, you can explain all of the benefits of snapping to the customer, and you can even give a quick demonstration of the concept. Once you have drawn them in, you can then see whether they want to buy any additional snap pieces from the supplies pots. Having lots and lots of choices means that they will be inclined to buy a few different snaps, so that they will have great options to choose from. Offering discounts and deals will also encourage customers. This means that you can make a profit on the finished bracelet designs, and then make even more on selling on the single fashion snaps.