Silver Lining- Jewelry Business Opportunity
A Home Business Article Contributed by Kaajal Tomar
Silver Jewelry Business Opportunity
Silver provides a good opportunity to start your own jewelry business from home. To start a jewelry business at home is a big challenge. The jewelry market is so competitive that if you do not cater to a particular market the chances of your success are less. In addition to this you have to constantly innovate yourself. A good idea is to specialize in a particular type of jewelry which will give you exclusivity and silver jewelry is a great business opportunity for a number of reasons.
Young people are fond of silver as it is affordable and goes with most outfits. Even young men have taken to chunky silver jewelry in a big way . Rings and bracelets being the most popular. Silver provides a good opportunity to start a jewelry business from home.
Just Any Jewelry Business Opportunity?
No, it is not so. The demand for silver internationally is huge. Through proper planning, designing, manufacturing and selling one can go a long way. It not only sells in shops but if you make cheaper pieces they sell very well in flea markets around the world. No other metal jewelry will provide such a big market. So it is not just any business opportunity. It is a very lucrative business.
Advantages of Silver Metal
It is very affordable which means your start up costs will be low. And for this very reason the market is huge for silver jewelry, making it a very good business opportunity. Your clientele will mostly be young people so you have great scope in designing. You can run your imagination wild. The young people like to experiment and they are forever looking for something exclusive.It is a good and cheaper alternative to white gold and platinum. It can bet set with most gemstones giving you a wide choice in design.
Types of Silver
Silver comes in a variety of forms. The purest type is called fine silver. But as it is very soft, it is not widely used for making jewelry. The most popular being the sterling silver which is 92 percent silver mixed with other metals. Alternatively silver is plated on other cheaper metals to make it more affordable.German silver is an alloy of three different metals though it is not very popular.
Manufacturing Process
If you want to start with only silver without any stone setting then all you need is to source your silver. You will get them in the form of bricks. Once your designs are ready you can get them manufactured from professionals who specialize in silver moulding. Silver is a highly malleable metal so it is possible to innovate a great deal in designing. All semi- precious stones set well with silver. The use of setting precious stones with silver is not very popular as they are very expensive and defy the whole idea of making affordable pieces of jewelry.
Selling Your Products
Now that your products are ready you need to sell them. Go to retail houses who deal in silver jewelry and show them your products. Retailers are always interested in adding new designs into their collection. If they like your designs they can even ask you to supply them on a regular basis.Show your products to lifestyle stores selling women' products. Try out different markets.
Also inform your friends, neighbors, acquaintances. You need to market yourself well to succeed in this business.
What Makes it a Great Jewelry Business Opportunity?
Well, to start with you will need low start up capital. Your manufacturing costs will also be low as silver is a very malleable metal and moulds easily, and so it will be cost effective. Besides this all you need is loads of imagination, courage and willpower to be a successful jewelry business entrepreneur.
