How Much to Start Up an Online Shop with Quality Inventory?

by Gail Taylor.

How Much to Start Up an Online Shop with Quality Inventory?  Discussion on Jewelry Making Journal

I will be going to my first gem / bead show in August 2016, as I have never been able to save any money because there are so many gorgeous things online, that I spend every penny I can find buying online.

I just moved to a boat and even though I am exhilarated to be on the water, my workshop took a huge cut in space.

I did manage to organize a space with my gems, tools, beads, wires, torches, you name it, it is in there; but I have to stop buying and start selling, I am getting pushed out of my work room.

My question is this: How much does it take to get started with a good amount of quality inventory?

I am going to reopen my shop with my new creations but I want to sell supplies from a second shop to try to make a larger profit, selling the overage I can’t use and buying quality gems for hand made jewelry.

I know this seems like a silly question but I am having a difficult time figuring this out.

Should I expect to pay what I pay online, or should I get better deals?

I don’t have a license to buy wholesale, but should I still expect to pay less than online?

Thanks for your answers ahead of time.

Gail Taylor

Related Posts Plugin for WordPress, Blogger...

Be the first to know the newest secrets
of making and selling jewelry...

free subscription to Jewelry Business Success News


  1. Hi Gail, here are some posts here at Jewelry Making Journal that may help you (be sure to read all the comments below these posts):

    How Do I Get Jewelry Supplies Wholesale?
    Selling Jewelry Supplies – How Do I Start?
    Linda Tenney’s comment in this discussion: How to Destash Older Jewelry Components.

    Wishing you all the best with your new jewelry directions, and please let us know how it goes for you!

  2. You definitely need a tax certificate from your state to buy wholesale. Some shows won’t let you in without one. Others will let you go as a guest but not a buyer, and your name tag will reflect that. It also helps to do a little homework to get the best prices. Before I go to a show, I make a list of things I particularly need and check prices on my favorite websites first. Some items I ONLY buy at shows, others it’s just as easy to buy online. I try to fill my “needs” list first then look for surprises I can’t live without. (Okay, I confess, I do have some “what was I thinking” items I’m still trying to figure out what to do with, lol.) And most of all, have fun! I have met some delightful people at shows, and there is always so much to see. We have another jeweler friend who does shows with us: we meet for breakfast at McDonald’s, a great share time, then do the show. And do be aware that you have entered a world of addiction … those gemstones are impossible to resist!

Share Your Thoughts


Subscribe without commenting