[Jewelry making - Article 01342] - Re: [Orchid] Starting a Production Line

[kevdan]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

    Not being able to produce ones work can become a problem the cost of
    having high end pieces manfactured is real expensive and time
    cunsuming. I have delt with department stores and they wont just buy
    50000 dollars worth of jewelery from just any body as a matter of
    fact they wont buy it at all you will have to consign it with them
    and most work on a quarterly payment schedual it could be several
    months before you ever see a dime if you are lucky. I talked to Saks
    and they were intersted but I had to give it to them and not just
    one store they wanted stuff for a whole region plus i was looking at
    almost six months before getting any money plus with thier return
    and exchange policy I was on the hook for everything for pretty much
    forever. The big manufacturers give these stores real liberal terms
    such as six months to pay fixed pricing on the gold full exchange on
    unsold merchandise and deep discounts. If a piece doesnt sell in six
    months in one of these stores it will never sell they try to turn
    the merchandise at least three or four times per year so you would
    also have to be able to keep up if your stuff was popular and if it
    wasnt you are stuck with alot of expensive things. I dont persume to
    know how much money you have to spend on this but it sounds like it
    will take alot I have a friend who had similar asperations and used
    her house as colateral to get a bank loan to make a line of high end
    stuff she still has most of the stuff and owes the bank a ton of
    money If you are not real wealthy Iwould use a bunch of credit cards
    and max them out that way it is only your credit on the line not
    your house or your life savings Their is alot of competition at the
    high end and when you see peoples names asociatied with a brand of
    jewelery it is not nessarily their pocket book bank rolling the
    venture most of the time they are the designer but it is a large
    company footing the bill for the manufactuing of the pieces. good
    luck with your ideas they sound pretty cool. 

Sincerely Kevin


____________________________________________________________________
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
____________________________________________________________________