Imitated Products In The Wholesaling Jewelry Business

By Steve Peterson

A business has to find products to purchase from a wholesale jewelry company so that they can then be sold individually at a higher price. This is the way that businesses make money. Wholesale just generally means buying a bulk number of goods and selling them on to make a profit.

With the popularity and growth of the internet more people are buying copied goods than they ever were. It can be difficult for genuine companies to know what is genuine and what is copied. This is difficult where the customer is concerned who wants to buy the genuine article.

If a company does not know where to source products from a reputable wholesaler they might be the victim of purchasing copied goods. Not only does this make the company lose money, it also raises the ethical issue of whether to sell the goods on or not. It would be better for the company to lose money rather than sell them on as it could risk the companies reputation forever and this means the company might cease to exist.

It is never more true that if something seems too good to be true, it usually is. Therefore if a product is sold at a ridiculously low price then you have to question the legitimacy of the product. A lot of copies have come from China, but that is not to say that all products sold from China are copies.

Most genuine items will come with a warranty and money back guarantee. If they do not then this could indicate that they are copies. In the past a lot of copies have been sold on sites like Ebay. Obviously if a shop owner or small business owner is buying wholesale jewelry then they want it to be the genuine article so it can be very frustrating if the product is not the genuine article, but a copy. Buying a bulk amount of stock needs to be done correctly.

Companies have a responsibility to the customer to ensure they are selling them the genuine product. Therefore serial numbers need to be checked and the quality of the product compared with other genuine brands of product. If the company is unsure if a product is genuine or not then they should not purchase the product at all.

It is best to have an idea of the amount of money you want to pay for the items and to keep within that budget. Then the market price needs to be worked out and decided how much will each product be sold for.

The company then needs to decide where they will sell the goods. If they have a website then they could sell their products on the website. If they fancy selling at online auction then there are places like Ebay. If Ebay is used then there is a risk of losing money on the products, but there is also the chance of getting higher profits on the product.

There are a lot of copies around and the internet has probably been partly responsible for the wide spread of copied goods. As people can go online and purchase goods all over the world. Chinese products have been particularly linked to copied goods, but all Countries are also likely to sell copied goods. - 29871

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