Jewelry Insider – How to Become a Jeweler

Jewelry Insider - How to Become a JewelerClick Image To Visit SiteJewelry is the best type of product to sell online. It has one of the highest profit margins in all of retail. Most jewelry items do not have UPC codes or model numbers so it is difficult for people to compare prices. Plus, jewelry buyers are not exactly bargain hunters anyway. Established brands can get away with obscene markups. Because jewelry has a learning curve, people still rely on jewelers for advice and guidance as well. This means stable profits in this industry now and well into the future. In my opinion, jewelry is the best retail business to be in, but it also has one of the highest barriers of entry. I’m going to dispel the myths and show a clear path to starting a jewelry business quickly.

My name is Danny Tsang. I now own four jewelry brands with online-only sales. I also have an appointment-only showroom in San Francisco selling higher ticket items to my private jeweler clientele. I run my business primarily from home, with an average of 1-2 hours a day on routine operations. Below is a screen shot of the website back-end for just 1 of my 4 brands.

As my business grew, I began to outsource and remove myself from the daily operations so I can focus on other ventures and spend time with loved ones. In 2015, I launched a new company that helps other people start businesses of their own. Later that year, I authored a… Read more…