Buying wholesale Chinese costume jewellery, a growing business
Setting aside phone accessories, undoubtedly the type of most profitable product that you can buy in China, one of the rising trends worldwide, is the creation of costume jewellery and small to medium-scale trade. It is also one of the most in-demand Chinese products. Buying Chinese costume jewellery, or pieces to make jewellery at home, to sell over the internet, or even in specialised stores, is an increasingly common practice.
It is no wonder, since Chinese costume jewellery is a very profitable business for those who want to import it.
We receive enquiries every day from importers, entrepreneurs and franchises who want to enter the business of buying Chinese costume jewellery or importing cheap jewellery. That is why we wanted to make it easier in this post for these clients to reach Chinese jewellery factories so they can buy at low prices and be competitive.
Why is buying and selling Chinese costume jewellery a good business? The reasons are varied and we want to show them below:
– Chinese costume jewellery requires little initial investment. This is because costume jewellery is a cheap product, so with an investment of about 2,000 USD we can have enough stock to start a business and know if it works.
– Costume jewellery is a product that does not expire. If, as we said before, we have spent 2,000 or 3,000 dollars on Chinese costume jewellery but the product is difficult to move and does not sell well, we have all the time in the world to keep placing it and finding new clients. Our product is not going to spoil no matter how long it takes.
– It takes up little space. This is another reason why having a small stock of Chinese costume jewellery is feasible. A consignment of certain value will only take up 4 or 5 boxes in our warehouse, storage room or even at home. Even if things do not work out as we hoped, we will not spend much storing the merchandise for a while longer until we manage to sell it.
– Chinese costume jewellery requires no technical knowledge or maintenance. Anyone with enthusiasm and the desire to work can import cheap costume jewellery and devote themselves to its sale (on the street or online) without any problem.
– It is a harmless product, so it does not need special permits from health or consumer authorities. The only thing we must bear in mind is that it is illegal to import imitations of products, so it is better to forget about products with registered trademarks (especially in jewellery).
– Chinese costume jewellery is cheap, so it has a large profit margin on resale. From a minimum investment of 2,000 USD (let's say 3,000 USD counting transport and all possible taxes) you can easily make 8,000-10,000 dollars if we are capable of selling the goods intelligently and adding value.
– Another important point about costume jewellery in China is its price compared to other places, significantly lower than imports from other countries. To get an idea, the difference in importing jewellery from China can mean savings of up to 20%. These savings can be even greater on materials such as Zamak, a zinc alloy highly valued in the costume jewellery market.
Discover how to import cheap costume jewellery
As we have already mentioned, one of the main advantages of importing Chinese costume jewellery is that it does not require any special license. This means that owners of small costume jewellery shops, as well as individuals can acquire these products and not just legal entities. That is, it is not necessary to set up a company in order to import from China.
The only thing you need to know is that, as in any nationalisation process of goods, whatever the case, if you import costume jewellery from China as an individual, we will not be able to deduct VAT within the nationalisation.
Another important point about costume jewellery, as in other cases, is that the supplier is 100% trustworthy. For that, we recommend you read this post on the three basic steps to making an import with guarantees.
In addition, we must take into account which is the most cost-effective option for making such a specific import as costume jewellery. In this case, except for some exception, it is understood that the import does not require much space. This is vital to obtain greater profitability, since we must choose the option of importing by express air shipment.
As we have seen, you can make money selling costume jewellery. If you want to know more, do not hesitate to contact us or leave your comment.