Since this is our first installment, we wanted to cover the basics of getting started with your jewelry reselling business. We will be giving you invaluable tips and information to help make the most of reselling jewelry. Even small changes in your buying and selling strategies can make a big difference to your bottom line.

What to Buy:

  • If you are new to the Jewelry business, get started with Brand Name items. It’s easy to find comparable prices online for such brands as Bvlgari, Lalique, Versace and Invicta.
  • Look for value in each Jewelry piece that you purchase. Consider gold weight, Diamonds and Gemstones. Many customers buy Jewelry items below our cost! Look out for these bargains.
  • You can check the value of precious metals daily on Bidz. Look for the precious metals table on the left navigation on our site.

gold_table

Where to Sell:
Once you have started the right purchasing strategy, you will need to find great places to sell. Here are some suggestions to get you started:

  • Open a Yahoo! Store or eBay Pro Store to start selling online quickly and cost effectively.
  • Sell your jewelry pieces on auction through eBay, Overstock and other online marketplaces.
  • Local Swap Meets and Flea Markets are great places to grow your Jewelry Reselling business without a lot of upfront capital investment.
  • Pawn Shops are a great place to take your Jewelry purchases for a quick profit.

If you have any questions, suggestions and would like to contribute to a future installment, please email reseller@bidz.com.

Happy Selling!

Bidz Reseller Team

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