Wholesale prices for custom jewelry can be quite affordable and depend on several factors: type of materials, complication of design, and ordered amount. As an example, sterling silver jewelry pieces can be ordered at about $5-$25 per unit in bulk orders, while gold-based ones stand between $25-$100 per piece, depending on the weight and design. Also, the amount ordered may drastically change the price; the more the volume ordered, the lesser the price per unit can get, sometimes by as much as 20%, since suppliers offer discounts for large purchases.
The design process also affects the cost of wholesale custom jewelry. Intricate designs requiring specialized techniques, like 3D printing or being handcrafted, will be costlier to produce. According to findings from the Jewelry Manufacturing Association, jewels with complicated designs can cost 30 to 50 per cent more in comparison to simpler items made en masse. The customization element, though, often makes up for that extra cost as most customers will go out of their way to pay for one-of-a-kind, custom pieces.
For wholesalers, the cost also includes shipping fees, which can vary depending on the supplier’s location and the destination of the goods. International shipping fees for jewelry range from $20 to $50 for smaller orders, with costs decreasing for larger shipments. For example, a wholesaler ordering 500 units may experience shipping rates that are 10-15% lower than an order of 50 units.
Another factor affecting the affordability of a product is the relationship between the wholesaler and the supplier. More often than not, established suppliers with long-term relationships with buyers can give better prices or even exclusive discounts. According to Tiffany & Co.’s chief executive officer, “Long-term partnerships yield mutual benefits,” which emphasizes how trust and negotiation with suppliers are important in securing better terms.
For more information about wholesale custom jewellery pricing and options, visit wholesale custom jewellery.