It’s not easy operating a retail business online. Countless questions haunt sellers every day – ‘Will, my supplier, deliver on time?’, ‘Are customers being able to register every order?’ ‘Is the supplier sending me top-quality products?’. The sellers who are haunted by such questions are bound to have underwhelming years in the market. After all, selecting a supplier who gives you so many headaches killed your chances in the first place. There are some principles of eCommerce that both parties need to consider when agreeing to a contract with a wholesaler. The method of buying the products, shipment costs, quality of the jewelry items, time-related details, etc. are all fundamental aspects of launching an eCommerce business. Here are some – secrets of buying jewelry from a wholesaler.
Proof of Quality
The primary detail that sets apart a high-quality fashion jewelry wholesale from the rest is the company’s verifiable track record. Many sellers get lured into substandard contracts with local suppliers. These local suppliers provide low-quality and low-yield jewelry products that don’t register too many sales. However, the promise of free shipping or discounts makes the resellers sign the substandard contract. In most cases, these sellers end up selling their jewelry pieces for half the price. So, only team up with the best and the most reliable jewelry suppliers. Look for their certification. Jewelry pieces are different from other retail items. Their quality can only be guaranteed if they have the correct certification. So, make sure your wholesaler has a track record of selling quality & authentic jewelry products. Usually, if a seller has a bad experience with a jewelry wholesaler, he or she leaves reviews to ensure others don’t make the same mistake. So, look into these reviews by conducting a detailed Google search on the wholesaler.
Prices and Quantities
Do a comparative analysis of all the wholesaler options on your plate. By carrying out such assessments, you’ll not only get access to the best deals from jewelry wholesalers, but you might also get to notice interesting price trends that you can use later to improve your business model. Also, team up with wholesale jewelry supplies that offer a low minimum order quantity. You don’t want to be stocking up unnecessarily on seasonal items.
Payment and Returns
Consider modes of payment being offered by the jewelry supplier. Only team up with wholesalers who are willing to exchange money on the safest payment platforms. Avoid using shady payment platforms. Also, be very clear about the wholesalers’ return policies so that you can answer to your clients!