Buying wholesale sterling jewelry is a great way to look cool and trendy, without burning up weekly budget. It is also a great way to add valuable accessories to perk up what is in your wardrobe. Those who are not keen to wear it can always be generous and gift the jewelry to loved ones, family members, siblings or friends.
Here we will show you the wholesale trading secrets of sterling silver jewelry.
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The most important piece of information for determining the price of a piece of sterling silver jewelry is the price per gram of the silver. This is the fundamental raw material cost of a piece of sterling silver jewelry due to the fact that silver is considered a precious metal. For instance, the price for silver is $9.5 per ounce, the price per gram is determined by dividing the price per ounce by 31.5, which is 30 cents. Therefore, the cost for the raw material for a 5 gram wedding band ring is roughly $1.5. Some might wonder why people would pay $30 for a silver wedding ring when the silver only cost $1.5. The followings will explain the difference.
Labor cost
To turn raw material into finished goods, it involves a great deal of processing cost. The metal itself has to be melted, molded and cast, polished and assembled. Most of the times, silver jewelry is accented with various stones, the costs for setting the stones are also a major part of the total cost for jewelry, especially for jewelry that requires high level of craftsmanship.
Types of Wholesale Sterling Silver Jewelry
The craze for buying the jewelry is growing rapidly, even to Hollywood. Its fan list includes popular celebrities like Beyonce, Rihana, Scarlett Johansson and even Snoop Dog.
So, what's stopping you from buying the jewelry?
Here are some points to consider:
1. It offers the best possible mind boggling variety in its jewelry range.
2. It is fun, trendy and reasonably priced.
3. You can buy any type, be it earrings, toe rings, chains, bracelets and the list is actually exciting because it's endless
Don't just buy silver jewelry on unknown source. It is better to ask the opinion of the experts before engaging into wholesale purchasing. You can check online to find out whom among the manufacturer and wholesaler offers the best price and products. Prices may range depending on the design, weight and size of sterling silver. It is important that you have some knowledge about the sterling silver jewelry before you start purchasing.
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