Starting a Jewellery Business
by Startacus Admin
We have in recent weeks written articles on Starting a Warehouse Business and Starting a B&B Business and this weeks its the turn of Starting a Jewellery Business...and, we'll start this post with a little asterisk...here it is*
*It's alright saying that you want to start a jewellery business and that's great - however like any creative job, role, or business, we are going to have to assume you have already worked out that you are pretty good at this type of stuff. Making Jewellery and making it more than just a hobby or something you like to do, means you really need to have talent in the first place - potentially even...specific qualifications. Nuff said - off the high horse and from this point on, we assume you have at least some of the above!
Some of the basics you will need to consider are...
-
Is there a market for your work - have you ever sold your pieces before and have people requested that you make them more / bespoke pieces?
-
What type of feedback have you been given previously?
-
Are you aware of other crafters who sell their wares locally - where do they sell them and how much can they charge?
-
Research the type of price you can charge depending on the standard of your work
-
Check how other Jewellery makers sell their goods - is there a local market / trade fair / popup shop that you could join or participate in?
-
What crafter websites could you sell your pieces on and do you need your own website as well?
-
Are there any grants or startup business funds available where you live to support your enterprise?
Planning and Development
-
Have you written a business plan? Do you know what a business plan is?
-
Where will you work? Will you work from home or have a unit that you pay to be in?
-
What type of equipment do you need and how much will it cost?
-
Making a business out of selling Jewellery can be tough to start with. Will you try and work on this full time or part time until you have created a presence and are regularly selling your products?
-
Where will you sell your products? Will you rent space in a popup shop? Will you try to sell to boutiques and retailers? Will you use crafty type e-commerce sites such as Etsy, Folksy and so on?
-
Do you need your own website? Who would be able to design your website? How much will that cost?
-
What will you call your Jewellery business? Can you think of a unique name that will make your business stand out?
-
How will you market your business?
-
Where will you buy the materials to make your jewellery? What suppliers will you use and will you try and keep your suppliers local / national or the cheapest price globally? How might this affect how you market your products?
-
Are you making bespoke, one off pieces, or creating a design that can be replicated and in bulk?
-
How do you plan to market and promote your business?
Continued on Page 2... Bubblebum has had its flagship product named as one of the Most Innovative and Most Attractive at the Child Baby & Maternity Expo in China. Influencer marketing remains largely unchartered territory for many businesses, so here are some tips for getting it right on the first go.
Step forward Raise Accelerator, Northern Ireland's first privately-run startup accelerator. We chatted to three founders from their first cohort. Rich Maaghul, CEO of ODEM.io explores the future of education and how disruption will transform the way that we learn... The app that helps you achieve your goal body with easy to follow workouts for the gym or home. The ethical rewards app Koin Rewards, reimagining loyalty through responsible shopping and tokenisation. Lessons from Goldilocks and the three bears and why in a competitive market place just-right doesn’t go far enough Common costly mistakes when hiring a team. Use this advice to help avoid high hiring costs, low workplace morale and mistakes. Productivity can be positively impacted by employee engagement and workplace culture. Jonathan Richards, CEO and co-founder at Breathe, explains... The startup that's motivating older people and people with dementia to be physically active...
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- IAG’s Hangar 51 takes flight with latest innovation programme 31st Jul 2019 The latest Hangar 51 innovation programme is on the hunt for tech startups with a broad range of aviation industry solutions.
- 10 FMCG startups selected for first Seedrs accelerator 24th Jul 2019 10 FMCG startups selected for the 1st Seedrs FMCG accelerator, which aims to help FMCG startups raise capital on the platform
- Startup Leadership Program invites applications for its 9th London cohort 12th Jul 2019 The Startup Leadership Program continues to grow, inviting applications for its 9th London cohort to join the six-month program.
- Latest Zinc Company Builder Programme to transform the quality of later life 9th Jul 2019 Do you want to build a new purpose-driven startup with support from a world-class network of experts?
