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| Re: [Orchid] Retail orders? | ||
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From: Dawn Hale Date: Wed Mar 19 22:28:22 2003 |
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========[ Invite a Friend - http://www.ganoksin.com/invite.htm ]======== I hope you wont find my posting too pessimistic but I will give you my experience. 1) When I first began designing and manufacturing my line of jewelry I was told over and over that new designers are notoriously known for their failure to deliver. While retailers are excited to discover new talent, they are cautious when working with first time designers. My opening orders were for small quantities. After I was more established I was able to set my own minimums. But first time orders were not huge. 2) My experience with Neiman's, Saks, Bergdorf's etc. was that they are now all gearing up to 100% consignment sales. In addition to that, stores like Saks expect vendors to pay for pages in their catalogues at $25,000 per page. 3) Buyers usually look at least four times a year, for each season of the year, they of course are 6 to 9 months ahead or even one year ahead. 4) I ask for 4 to 6 weeks for delivery. But often I am given more time than that, as I am working with catalogues, museums ect. months before expected delivery. 5) All ordering depends on demand. And in this market demand has slowed down considerably. 6) As for approaching buyers, contact as many people as you can. Individual boutiques, department heads, anyone you may have a connection with. But be forewarned. You may be rejected A LOT! 7) As was already said, buyers are wary of new designers, the economy is down, etc.And, if you do get big orders do your homework before hand. How will you produce large quantities? How long will it take YOU? Be realistic with your promises and pricing, I priced an order for 400 gold pendants when gold was $275 per ounce, but by the time I manufactured the pieces for delivery gold cost me $375! I'll now build gold price fluctuations into my pricing. 8) It is a tough market out there but I wouldn't give it up, so my last wish for you is lots of luck! ____________________________________________________________________ T h e O r c h i d L i s t Open Electronic Forum for Jewelry Manufacturing Methods and Procedures ____________________________________________________________________ Orchid FAQ: ~ http://www.ganoksin.com/orchid/faq.htm Orchid Archives: ~ http://www.ganoksin.com/orchid/archive Orchid Galleries: ~ http://www.ganoksin.com/orchid/gallery.htm Invite a Friend: ~ http://www.ganoksin.com/invite.htm ____________________________________________________________________ Tips From The Jeweler's Bench - Article Archive ~ http://www.ganoksin.com/borisat/tip_sear.htm The Jeweler's Selected Bibliography List ~ http://www.ganoksin.com/jewelry-books Buy Orchid Jewelry: ~ http://www.ganoksin.com/shop ____________________________________________________________________ -Unsubscribe: -Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank ____________________________________________________________________ |
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