Want a Great Home Business?Become a Jewelry Dropshipper!
If you want to start a profitable home business that will allow you to earn a comfortable living while working from home, here is a tip for you: Become a jewelry dropshipper!
One thing is certain about reshipping jewelry: there will always be a huge demand for it. True, you will almost certainly sell more during the winter holidays, as well as Valentine’s Day, but you can depend on a steady demand year round for this hot niche.
Jewelry has been a preferred gift to both give and receive for centuries, so you won’t have to worry about its popularity waning any time soon.
This is a huge niche and one that might lend itself well to drilling down within it to find and develop a lucrative sub niche. For instance, you may consider only focusing on fashion jewelry or fine jewelry, silver or gold jewelry, birthstone jewelry and so on. By the same token, you might decide to only be a jewelry dropshipper for earrings, or necklaces or bracelets.
There is a world of potential within this niche and anyone who is willing to buckle down and work could score some serious profits!
Jewelry Dropshipper Sales Trends
According to Euromonitor International, here is some encouraging news regarding jewelry dropshipping:
“Jewelry sales saw double-digit growth in 2011 and the trend is likely to repeat itself in 2012, based on findings by Euromonitor International, which is a market research firm that tracks jewelry sales in 32 countries. Fine jewelry is driving the growth, accounting for 87 percent of the estimated $275.4 billion global jewelry market. In fact, Euromonitor analysts say that within the past five years, fine jewelry has seen the highest growth period in history, rising 46 percent between 2007 and 2012. They project a compound annual growth rate of 7.4 percent by 2017.”
That sounds good, right? In fact, that is an excellent forecast for anyone thinking about becoming a jewelry dropshipper.
Jewelry Dropshipper Venues
So, you have decided to become a jewelry dropshipper and start your very own home business. Where can you sell the jewelry? Which online venue is best?
You have several choices when it comes to deciding where online you will dropship jewelry. Here are a few suggestions:
- Your own website
- A turnkey website such as ProStores
Before you decide, bear in mind that the mammoth marketplaces such as eBay and Amazon have millions of global shoppers flowing through their sites every day. Could you match that kind of traffic with your own website?
No. Especially when you are just starting out.
So, if you want or need to get cash flowing in right away, you might be well advised to go with one of those giant venues at least initially. Later, after you have been a jewelry dropshipper for a while and gotten quite a few sales under your belt and feel comfortable about ecommerce, you might think about branching out on your own.
Many drop shippers establish their own website and use sits like Amazon and eBay to drive traffic to it.
Whichever venue you choose, you can count on having a hot niche if you become a jewelry dropshipper.