How Much to Start Up an Online Shop with Quality Inventory?
by Gail Taylor.
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.