Religious institutions Our Competitive Advantage In starting Sparkles and Stones Jewelry Store, we intend to build a business that will become the preferred retail jewelry store for our target market here in Midtown Manhattan — New York City through our sale of jewelry inventories that are outstanding as well as other related jewelry related services, as well as all around the United States of America. Our intention is to be able to compete favorably with our competitors through several laid down strategies. Our first competitive strategy lies in the fact that we are retailing jewelries that are of a unique design and construction as well as offering jewelry-related services to our various customers. Our promotion strategies has allowed us penetrate the market and allow those not aware of us to become aware as we hired a reputable brand consultant who not only studied the market well but used his knowledge and experience garnered in the industry to develop effective promotion strategies that has given us more awareness in the market and an edge over our competitors.
Artificial or imitation jewellery business will make you profit or not will depend on whether you want to sell artificial jewellery in retail or you want to become the manufacturer. In manufacturing, most important thing is to lower the manufacturing cost and beat the competition. You really need good discretion in order to understand how to lower the manufacturing cost in any business.
If you have direct manufacturing and selling point than this will give you monopoly in your business. No doubt demand for artificial jewellery is huge in India and also the foreigners are demanding Indian jewellery because of the low cost in India.
Labor cost is very cheap in India and that is the major advantage to India.
If you want to manufacture artificial jewellery than there is a huge scope for exports and that is where you can earn good profits. According to statistics, by ibef.
Just visit the ibef. Even if you want to become a retailer only not manufacturer than also there is huge scope in artificial jewellery business because of the online buying trends. The scope is so huge over internet that no one can stop you making money by selling artificial jewellery online. Just you need good traffic to your website where you are selling your jewelry products.
If you simply want to give it a try I will recommend you to make a simple business page on facebook. List all the artificially jewellery products you want to sell on this business page.
Add as many items as you can along with high resolution images of your products. Its hard to get traffic to a new website but facebook is already an established website. Once your facebook page is indexed by Google search engine, than it may give immediate traffic to this business page and you will start getting inquiries for your artificial jewellery through the phone number or email on your facebook business page.
I am telling this to do so because one of my friends did create a facebook business page for his clothing business and now he is already making business out of it.
He is dispatching orders everyday by getting orders from just his facebook business page. Make sure content on the business page is good and original as duplicate content is filtered by Google and does not give traffic from google search results.
Facebook is generating tremendous traffic from Google. Artificial Jewellery is the latest market trend and is the call of the market. Though the traditional gold and diamond jewellery has also not lost its significance but still artificial jewellery is the choice of the hour. Artificial jewellery provides a wide range of variety to choose from ranging in different segments of prices.
Artificial Jewellery business is a good option considering the market trend and taste. Through systematic approach Artificial Jewellery business can lead to towering graphs of profit.
There are certain things which should be considered while opting for Artificial Jewellery business, the most important amongst them is analyzing the market. The market is the platform where the business needs to be built upon and hence is essential to understand the trend of the market and plan accordingly.
Understanding the taste of the customer is also very essential. Artificial Jewellery business can lead to good results, higher profits and build goodwill if the taste of the customer is given prime importance and efforts are made for customer satisfaction.
Regular feedback is essential from the customer for understanding them better and providing them great service. Also, some help can be taken from the professionals in Artificial Jewellery business.
Having a word with them can give various useful tips for successful and more profitable Artificial Jewellery business.The artistic jewelry segment of the larger jewelry industry is growing at a healthy 9%.
This growth can be attributed to the value that people place on having distinctive, unique pieces of jewelry. Another factor that is supporting the growth is the blending of art and jewelry.
If your plan is to start something in traditional indian jewellery then checkout Manek Ratna Imitation Jewellery Manufacturers & Wholesalers. Check their B2B Website attheheels.com for all variants of imitation jewelry which includes Antique Jewellery, Temple Jewellery, Thewa Jewellery, Kundan Jewellery, Beaded Jewellery, Polki Jewellery, American Diamond Jewellery / CZ Jewellery.
Create your own business plan Business planning has never been easier. With complete sample plans, easy financials, and access anywhere, LivePlan turns your great idea into a great plan for success.
Jewelry manufacturing process. 1. Jewelry Manufacturing Process. 2. Jewelry manufacturing process• Jewelry manufacturing process includes most advance technologies and dedicated research. Jewelry making is a very composite process undergoing a long and slow procedure making it tough from the initial point to the concluding point.
Starting a jewellery business is a tough deal; you have to successfully complete the whole process including registration, BIS licence etc. India is the biggest jewellery market in the world, thereby offers numerous opportunities to the jewellery ventures.
THE BUSINESS ) OBJECTIVE Our primary objective is to be a leading brand in the jewellery and fashion industry and delight our customers by offering luxury wrapped in trust.
) COMPANY DESCRIPTION The Jewelry Store SPLENDOR JEWELS is a newly established business headquartered in New Delhi/5(24).