Sunday, October 30, 2011

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Gold Jewelry Wholesale Insider Secrets - Avoiding Pitfall

by Agus Rahman

Article Body:

Purchasing gold jewelry for your shop could be a challenging business. It's important for you to do your research therefore that you may avoid the traps that await you as a wholesale gold jewelry buyer. It is to your advantage to escort the time effort to know what your clients want and compare the different price points being offered.

Start by making a customer profile: what type of models, design and price points they prefer. It's wise to keep the current popular trends in mind when you are buying your inventory, this may assist you to attract new buyers also as give your existing clients new gold jewellery models to consider. If you are new to the gold jewelry business, and do not have an set clientele, you can begin having a combination of common and contemporary design for broad market appeal. Selecting yellow, rose or white gold jewellery in 18kt, 14kt and 10kt grades will give you a range of sales opportunities.

In your pursuit, you will no doubt come across a gold jewelry vendor who uses the strategy of "wholesale to public". This can sound tempting, though according to the Lanham Act, in the section that deals with federal trademark/unfair competition rules, those who make these types of claims by stating a false or misleading description of fact as to the origin of there goods can be held liable in a civil factor.

In addition, gold jewellery vendors have to be aware of the FTC Guideline that clearly states: "retailers should not advertise a retail price as a 'wholesale' price. In other words, they should not represent that they are selling at 'factory' prices when they are not selling at the prices paid by those buying directly from the manufacturer. "

Dealing with unethical vendors can as well damage the reputation of your business, due to the fact you might sacrifice quality for a low price. Though your buyers rely on your judgments when making the selections that they eventually purchase and once a complaint of substandard goods from a dissatisfied customer is created, it might be very difficult to re-establish their trust.

By explanation, a wholesaler is a person who deals directly with the manufacturer. This assures you of quality; you will be able to get the information and support your need for the reason that they are in constant touch with the gold jewellery origin. A reputable gold jewellery wholesale business too has a reputation to protect and definitely will work with you until you are satisfied. When your select your gold jewelry wisely from a reputable origin, it's easier to established your price point reasonably. Using this practice may win throughout the most skeptical buyers, even those who may appear that retail gold jewelry is overpriced.

Another point to remember is that your main competition for the gold jewelry customer may be uncovered in abundance on the Internet. When a customer enters your store it offers you the chance to make their real-world purchasing encounter special, satisfying and rewarding in a way that the Internet cannot offer.

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New Unique Article!

Title: Gold Jewelry Wholesale Insider Secrets - Avoiding Pitfall
Author: Agus Rahman
Email: lampard168@hotmail.com
Keywords: fashion,clothing,moslem clothing,wAomen's wear,women,islamic fashion,hijab
Word Count: 514
Category: Hobbies
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