Introduction
Are you a jewelry retailer, who is tired of going to the wholesalers, and purchasing jewelry, each with its own price tag? Are you seeking newer avenues of purchasing jewelry, where you could get more jewelry at a lesser price? There is a revolutionary way of purchasing the jewelry you like – here you don’t pay for jewelry per piece – rather, you pay for jewelry by gram. In this article, we will be covering 6 things that you must consider while you are buying silver jewelry by grams. But first, let us discuss what is this new way of selling jewelry, and what is its biggest unique benefit that it offers.
What is Silver Jewelry By Gram?
Jewelry by gram refers to the practice of selling jewelry based on its weight in grams rather than selling jewelry by piece. The benefit of purchasing jewelry by grams is, that it is profitable in comparison to buying jewelry by piece. When purchasing jewelry by gram, the more you buy, the less it costs. We know it reminds you of buying candy by the pound as a kid.
This way of selling jewelry is generally used by wholesale gemstone jewelry manufacturers and suppliers. Generally, these manufacturers and suppliers sell 6 to 18 pieces of jewelry in one lot, however, many of them also offer the service of choosing a specific number of pieces of jewelry you need in a lot. By lot, we mean a set of jewelry.
Although buying jewelry by grams seems quite lucrative, it is not a popular way of selling jewelry worldwide. Different markets have different preferences. In the US market, most jewelry retailers prefer purchasing jewelry by pieces. In the European markets, most jewelry retailers prefer purchasing jewelry by grams. But this is not a hard and fast rule: for simplicity, consider that there are two ways of selling jewelry: per gram and per piece.
Things You Need To Consider When Buying Silver Jewelry By Gram
Shop jewelry only from wholesale gemstone jewelry manufacturers and suppliers
If you are buying silver gemstone jewelry by gram, we bet that you are shopping for your retail jewelry store. And you are buying jewelry in huge quantities. This is why, you need to ensure that you buy your desired jewellery only from a wholesaler. There are various options available when it comes to buying jewelry for your retail establishment – apart from contacting a wholesaler, you can also get in touch with a jewelry wholesaler or supplier.
In our case, we, at Rananjay Exports, make sure that there is no middleman and for the past 10 years, we have been India’s top wholesale gemstone jewelry manufacturer and supplier. The best part of working with us is, that the jewelry is economically viable as compared to other avenues since there is no middleman, without sacrificing the quality of the jewelry.
Check for reviews, and buy only from established brands
The second thing you need to consider while buying silver jewelry by gram is to check for reviews and make sure that the brand you are buying from is well-established. When you are searching for a jewelry wholesaler, chances are, that you won't find him in your city. In most cases, like in the case of developed countries of Europe and the United States, it would be hard for you to find a jewelry wholesaler within a radius of 50 miles of your location. This is why, when buying wholesale gemstone jewelry, you need to look for other avenues and consider buying jewelry from a wholesaler located in a different state, or perhaps, in a different country.
Since the wholesale gemstone jewelry supplier would be located nowhere near you, you have to go online. And we all know how much fraud happens online. We are not instigating fear, all we are saying is, to take solid steps to make sure that you don’t get duped. This is why, you need to look for reviews of the wholesaler whom you are getting in touch with. Also, apart from checking the reviews, make sure that the brand you are buying from is authentic and well-established. This will help you in saving yourself from getting cheated.
Check for the Specifications of the Jewelry
In the online catalog, it is important that you check for the specifications of the jewelry lot. Generally, the following four things are mentioned by jewelry wholesalers when they sell gemstone jewelry by gram:
- Total weight of the lot (where the lot has 6 to 18 pieces of jewelry in it)
- Price of jewelry per 1 gram of jewelry
- Total number of pieces of jewelry
- Average price of jewelry per piece
- Price of the entire jewelry lot
The most important stat in the above-mentioned things is the average price of jewelry per piece. You can compare this price with the price of a similar piece of jewelry which is being sold by piece. And voila! You have now a metric through which you can gauge how affordable the silver gemstone jewelry by gram is.
Ask if you can get a custom lot!
Many wholesale gemstone jewelry manufacturers and suppliers also offer the service of choosing a specific number of jewelry pieces you need in a lot. By lot, we mean a set of jewelry. Through this way, you have the freedom to create your own custom lot.
Even in the case of the jewelry that Rananjay Exports sells, you have the liberty of creating your own custom set (or custom lot). Here, all you need to do is ask the wholesaler to create a custom lot for you where you select different pieces of jewelry. Then, you have to ask the jeweler to give the quotations of the cost of jewelry of the particular lot (or set) whose jewelry pieces you handpicked. Order your own custom lot of handpicked jewelry at Rananjay Exports. All you need to do is create a query on the custom jewelry page of Rananjay Exports’ official website.
Rather than trying local, go global!
You might be thinking of purchasing silver jewelry by gram from a wholesaler who is near to you, perhaps who is well-known in your particular state or country. But this is farther from the truth. Because of globalization and the easy availability of the internet, you now can connect with a famous wholesaler in some other country, who has a bigger range of jewelry, better prices, and more space for customization.
There are many benefits of going global. The biggest benefit is, that in countries like China or India, skilled labor is available at much cheaper rates compared to countries like the UK and the USA.
So, run a proper cost comparison, and look for places from where you can source quality gemstone jewelry and sterling silver jewelry. Although there are many major wholesale players in China, we won't recommend you buy from Chinese players. The problem with China is, that they are not trustworthy when it comes to manufacturing good quality gemstone jewelry and using precious metals such as gold, silver, and platinum in their jewelry. Also, the gemstone they use might not be genuine – it might be a knockoff or artificially treated.
This is why, we recommend you to try looking for Indian wholesalers. If you want gemstone jewelry, then visit gemstone jewelry manufacturers of Jaipur – they are excellent at their job. And if you want diamond jewelry, you can explore wholesalers in Surat. Both Jaipur and Surat are two major cities that are famous for their jewelry production.
Assess your needs before placing an order
It's important that you assess your needs properly and do proper research on the quantity of jewelry you are buying before you place an order. The cost of jewelry, especially gemstone jewelry as well as sterling silver jewelry won't increase exponentially as it sits in your brick-and-mortar store. Chances are, that you not making a sale on the jewelry you purchased will block a considerable amount of money from rotating – after all, gemstone jewelry is a costly affair.
This is why, the quantity of silver jewelry by gram which you are buying needs to be well researched. You need to find out your expected demand, how much time can you wait for the jewelry to get sold, which gemstone jewelry is trending and hence would be easily sold, etc. Also, look at the overall sentiment of the jewelry market – if the demand for jewelry is low, there is no point in purchasing a huge quantity of jewellery for your retail store.
Conclusion
For those retailers who are planning to purchase jewelry in large quantities or who want to cut costs on their jewelry purchase, buying silver gemstone jewelry by gram is a game changer. It is a new approach to purchasing wholesale gemstone jewelry and sterling silver jewelry. Not only is it affordable, but because many wholesalers offer customization, where you can handpick your jewelry lot, it is revolutionary as well.
We know, that purchasing jewelry by gram reminds you of your bitter-sweet memories of buying candy by the pound – where, as a child, the more you desired, the more affordable it got. So, what are you waiting for? Order jewelry available in 250+ different authentic gemstones, with 925 sterling silver as its base metal from Rananjay Exports now!
Why us? Well, not only can you shop silver jewelry by gram, but you can also get your hands on handmade jewelry, custom jewelry, casting jewelry, as well as designer jewelry. From Moonstone and Opal jewelry to Larimar and turquoise jewelry, we sell it all – at wholesale rates.
