You’ve got to have something special to succeed and stay vital in the jewelry business. Think about it: The industry is clearly highly saturated, and yet more and more independent entrepreneurs are entering the scene. This is partially because they’ve learned from the mistakes of their predecessors and are determined not to repeat them. Some […]
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Over the last few decades, women have risen in the ranks to start and operate their own designer jewelry businesses. Many have taken out small business loans to open their own jewelry stores, started entirely new lines of work-friendly jewelry, or simply shared their love of everything sparkly with friends on e-commerce sites like Etsy. The jewelry business is projected to be worth an astounding $270 billion worldwide by the year 2020 – owing to the never ending demand for beautiful items that help celebrate every life achievement.
Jewelry is a favorite way for consumers to celebrate special occasions and demonstrate their own sense of style. The affordability and collectability of fashion jewelry means that there is an ongoing desire for consumers to seek out new designs. A recent Huffington Post article indicated that online sales for jewelry have risen dramatically due to a growing consumer market of women and men aged 25 to 45, who tend to research and shop online via mobile devices. Getting started in the rewarding business of running a retail jewelry business can be very profitable, with the right financial support.