A question I get asked by my friends often (knowing what I do for a living) is how profitable is it to dropship jewelry? (ALSO) How easy is it to find a supplier who will dropship jewelry? This is a great question cause there are so many sides and answers to this question, so here goes:
As usual: it depends, and what I mean is depending on the kind of supplier you find to dropship jewelry
(and what niche within jewelry) determines how profitable it is. There
are 619,040 searches on Yahoo! just last month for the word "jewelry"
and you get about three times that (searches) on Google. So there is
definantly a market for people looking for jewelry online, but what
makes it hard in alot of cases is to find a supplier who is going to be
giving you a good deal.
We offer several different companies who will dropship jewelry for you at The Shipper,
but even going beyond that and finding a niche to a specific croud
would help you become much more successful. For example, rather then
going up against everyone wanting to sell diamond engagment rings, look
for a jewelry dropshipper who offers niches such as "christian jewerly" or "charm bracelets"
(these are just examples, but I think you get the point) and when doing
this you narrow more of a "niche" down. 12,347 searches were done last
month on Yahoo for "celtic jewelry"
so how about going after those niches. You still have a great number
of people searching, which means you will get traffic to your site (if
marketed correctly) but not be going up against all the masses.
Be very selective when picking a supplier to dropship jewelry
and make sure they have a product line that would fall under a "niche"
as talked about above. When doing this you will be much more
successful in getting started. As your business grows, so can your
line - once you have established yourself doing business online.