Consignment for Jewelry Retailers?
November 11, 2015 by admin.

The jewelry industry has seemed to explode over the past few decades, and especially for recently. More designers, including ordinary people selling their creations online on their websites and other outlets, like Etsy. Many more retailers have been established, as well, as the Internet has opened the doors to a plethora of jewelry related endeavors.

While the outlook is positive for the industry, some believe that it is somewhat saturated. Therefore, the concept of jewelry retailers selling pieces in a consignment type of manner (the designer gets paid when the piece is purchased), makes more sense for jewelers. However, designers feel like this practice is unfair, as they won't have money to invest in new designs until their pieces sell, as opposed to the retailers buying pieces up front and then selling them.

At the end of the day, jewelry isn't going anywhere. Regular, everyday people and glamorous, rich and famous people will continue to buy jewelry. Trends will change and new jewelry will be designed by designers and sold by retailers.

Despite any fears, it seems that, even if policies do change toward consignment, as long as a designer is creating jewelry that consumers love, it will sell. Everyone in the jewelry industry will continue to profit, and predictions will most likely be reached.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>