[Jewelry making - Article 00955] - Re: [Orchid] Becoming a wholesaler to jewelers

[kevdan]

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    I make my entire living doing consignment and some custom work, I
    have been consigning stuff for about ten years with jewelers not so
    much with craft galleries. For the type of work I do craft galleries
    are not well suited they usually dont have a safe to keep stuff in
    at night and the sales people are not eduacated in fine jewelry. I
    once sent some pieces to a gallery and waited a whole year and
    nothing sold so I called thinking that maybe they just were not
    paying, I asked the sales girl who answered the phone what the
    average price of the items they sold was and she told me that they
    were real high end and that they sold stuff that cost between 50 and
    one hundred dollars all the time. My work is 1000 to 3000 dollars
    wholesale and they were trippling my prices. I had them return the
    stuff immediatly. Do not expect the stores to buy the items from you
    most of the manufacturers give real generous terms such as six
    months no payment and full return or trade in on unsold merchandise
    or buy ten thousand and get fifty thousand on memo. I just give it
    to them and ask to be paid thirty days after it is sold so that if
    it is returned for some reason no one is stuck with it. I have never
    been truly burned I have had trouble getting my work back but I did
    get it back and I have had some checks bounce but they eventualy
    were paid. I think most people are pretty honest but in business
    sometimes they have money troubles and you need to be patient. Only
    once have I had to resort to drastic measures to get my money a
    store that I had given about thirty thousand dollars worth of stuff
    to was not paying and they told me nothing had sold, so I told them
    to ship it back and that I would pay all shipping, nothing ever
    showed up. I called and the owner would not take my calls, so I flew
    out that same week and went to the store to get the stuff personaly
    I had never met them in person so I just walked in to take a look
    around and see if my pieces were still there, they had sold more
    than half of them. I confronted the owner who by 

sincerely Kevin Potter


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