HOW MUCH DOES SILVER JEWELRY RETAIL FOR? IS THERE A SUGGESTED RETAIL PRICE?
Sterling silver wholesale is hyper-popular and easy to sell. We advise retailers to simply lay all their sterling silver jewelry wholesale stock in front of them and ‘meditate’ on it until a reasonable pricing structure comes to mind. Give it a try and see how it goes. If not, adjust your prices again by trial and error. Your minimum markup on sterling silver jewelry wholesale is usually 3 times your cost (a.k.a.: “triple-keystone”). Often you can get significantly more–it all depends on your market–but the wonderful thing about sterling silver wholesale is the huge gap between the public’s perceived value and your actual sterling silver jewelry wholesale cost. After all, you’re selling real precious metal and gemstones (or cubic zirconia). With keystone pricing you’d retail each piece at around US$3.00-$15.00 each, and shoppers find such prices hard to resist, indeed.
