8 Jewelry Wholesaler Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Jewelry Wholesaler

If you are considering starting a jewelry business, jewelry wholesale is a thriving market.

Jewelry wholesalers purchase personal ornaments such as necklaces, rings, or bracelets made from jewels and other precious metals and sell them to the customers at a profit.

When starting a jewelry wholesaler business, find the perfect jewelry niche, one in which you can reach the target customers easily. Then, create a detailed inventory and select a proper distribution channel to get the right customers.

Here are some real life success stories of starting a jewelry wholesaler:

1. Shenzhen Shibao Jewelry Co., Ltd ($1.2M/year)

Long Shuai, the founder of Silverbene, came up with the idea for his jewelry wholesale business after realizing the inefficiencies in the production processes of silver jewelry factories in China. He saw an opportunity to use information technology to standardize the manufacturing process and improve efficiency. With a revenue of $450K per month and over 3,500 jewelry store clients worldwide, Silverbene is now a successful business in the industry.

How much they make: $1.2M/year
How much did it cost to start: $200K
Current team size: 10

How We Started A $100K/Month Jewelry Wholesale Business

Silverbene, a silver jewelry design and manufacturing company, supplies over 3,500 jewelry stores worldwide, sending out over 90,000 items per month with a revenue of $450K USD per month, using information technology to standardize the production process and paying attention to international fashion trends while designing products.

About

Victor started Shenzhen Shibao Jewelry Co., Ltd over 6 years ago

Revenue

Victor grew the business to $100K/month

Costs

It cost Victor $200000 to start the business

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Read by 12,042 founders

2. GoldFi ($144K/year)

Gil Marcondes, the founder of GoldFi, came up with the idea for his online jewelry business after struggling with the performance of his brick-and-mortar store. During the COVID-19 pandemic, he met a friend who encouraged him to invest in the pure online business model. Since launching on the Shopify platform, GoldFi has seen success, with an average revenue of $22K in the last three months and an 88% increase in sales from the previous month.

How much they make: $144K/year
How much did it cost to start: $7K
Current team size: 3

How A Civil Engineer Started A $144K/Year Online Jewelry Store

GoldFi, an online jewelry business founded by Gil Marcondes, has received an average of 463 sessions per day in the last three months, generating an average revenue of $22K, and has seen sales growth quadruple in the last six months.

Revenue

Gil grew the business to $12K/month

Costs

It cost Gil $7000 to start the business

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Read by 2,855 founders

So... can you actually make money with a jewelry wholesaler?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

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Starting A Jewelry Wholesaler: Everything You Need To Know

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5. NIHAO Jewelry

Wholesale jewelry & accessories from supplier Nihaojewelry. We have wide range collection of products help to you wholesale fashion jewelry. Wholesale jewelry NO MOQ, fast delivery.

Where they're located: Municipio Puerto Villarroel, Cochabamba, Bolivia
Website traffic: 2.56M/month

So... can you actually make money with a jewelry wholesaler?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Angara

Customize the jewelry according to your preferred gemstone quality and budget and Get ✔FREE Shipping ✔Free Gift ✔30-Day Returns ✔110% Refund Policy ✔Easy Financing Option.

Where they're located: Phoenix, Arizona, United States
Website traffic: 1.15M/month

8. Wholesale Fashion Square

Website traffic: 190K/month