Handmade Cat Rings |
Well, it's that time of year again, the wholesale jewelry and gift shows for 2020 are underway! Is it just me or did 2019 go by exceptionally fast? It seems as though we just started preparing for the new season and now it's here. Our wholesale show preparations are finished, our new designs of handmade earrings and handcrafted bracelets are ready to go!
Wholesale Cat Jewelry |
1. Review your sales records for last year. This will give you a good idea of what sells and what hasn't sold well in your area. Sometimes this review will surprise you.
Cat Earrings |
2. Eliminate slow sellers, discount them and sell through the remaining stock to make room for new products.
Wholesale Colorful Handmade Earrings |
3. Go through the buyers' guides for the wholesale jewelry and gift shows that you will be attending. Mark your suppliers' booths on the show map to ensure you place your orders with your existing suppliers. Some shows have expanded recently, the CGTA show in Toronto for example, a lot of your suppliers have moved into larger booths because of the expansion of the Toronto Congress Centre, make sure you know where they are so you don't miss out on seeing their new products for 2020.
Cat Earrings
4. Make a budget and stick to it! Make allowances for new products from existing suppliers and well as new suppliers' minimum order requirements. Leave yourself room for some last-minute additions.
Flowers and Cat Earrings |
Dragonfly Earrings |
7. Take advantage of "Show Specials". Many suppliers will offer free shipping or a free point of purchase displays. Displays, especially for handmade jewelry, will greatly increase your sales. Most of our customers who have taken advantage of our jewelry display packages have seen significant increases in sales of our handcrafted jewelry, some 200-300% increases.
Copper wire embellished copper feather earrings |
8. Make sure to offer your customers a variety of unique gift ideas. Focus on your best selling price points, but also offer some high-end as well as low-end alternatives.
Wholesale Copper Jewelry |
9. Keep in mind your customers! If you are a local retailer you will want to freshen up your existing lines for your existing customer base. If you are in a resort or tourist center you can stick will proven sellers as your customers are always changing.
Wholesale SW Native Earrings |
10. Wear comfortable shoes!
Making the right preparations will ensure your buying success. Research is key, these days everyone is online and trying to provide you all the information you need to make the correct buying decisions for your stores. We hope these tips will help you with your Wholesale Jewelry and Gift Show preparations.