Handmade jewelry is the latest fad and there are many people who consider handmade jewelry rather than machine made. Due to the high demand for handmade jewelry, designing jewelry at home from scratch has become a popular hobby. While some people have turned jewelry design into a side business, there are many who do it as a full-time job. Jewelry making is fun and if you spend 8-10 hours a day, you can easily make at least 10-15 pieces of jewelry, depending on your level of experience and skills. To meet the needs of artisans and designers, many wholesalers have popped up online. They provide jewelry beads and everything a designer needs to give his imagination wings.
But is it a good idea to buy beads in bulk? Here are some of the pros and cons of buying wholesale beads for jewelry making.
Pros
Quantity: When you buy wholesale beads for jewelry making online, you get beads in large quantities. Your local physical store may not give you the option to buy in bulk. Wholesale means that you will have enough accounts to work with and fulfill large orders. You will also have enough in case some need to be replaced.
Price: You can get great bargains with wholesale beads for jewelry making. Because a tier-based pricing system is used for bulk items, prices drop when you buy more. This pricing system can be beneficial if you have a large jewelry manufacturing business. You can get the most out of the money you spend.
Benefit: Buying in bulk also means higher profits, as you spend less on your initial supplies. The lower cost of accounts can help you make more profit, even if you consider reselling them.
Quality – Wholesaling does not always equate to poor quality products. You can even buy quality accounts at low prices if you do your research. Wholesalers, who are trying to get rid of old stocks, make room for new accounts or those who are just starting out as newbies will offer good quality accounts at wholesale prices.
Cons
Storage space: You will need enough space at home to store the beads if you buy them in bulk. Wholesale beads for jewelry making are usually packed in boxes that can take up a lot of space until you have used them. Accounts can also go out of style and become obsolete if you leave them unused for long periods of time.
Competitive Prices – When you search online, you will find that there is great competition among wholesalers. Their prices may differ slightly, as may the quality of the products. This can leave you confused as a buyer.
Capital: Although you will save a lot, you will have to pay for the entire batch of beads in bulk at once. As a jewelry designer, you must have that type of capital to invest. Sometimes investing a lot in accounts can leave you with little to invest in other supplies, which can be a huge disadvantage. In the end, you will be left with many limited accounts and supplies to create your pieces.