[Jewelry making - Article 00718] - Re: [Orchid] Praise for Rio Grande

[Richard Hart]

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>     Rio's prices are not wholesale, they are retail. So even when one
>     purchases multiples, we are still paying retail - and the cost of
>     the items we sell are more than what can be purchased off the
>     internet. Anyone can buy from Rio, no resale license required. ....
>     Though even having said that, I have often lamented that even the
>     highest multiple purchase available for an item is still higher
>     than I've gotten that same item at a wholesale show. "the cost of
>     the items we sell are more than what can be purchased off the
>     Internet" 

    I have no idea what what that sentence means. I find it difficult to
    make a generalization about what items one would buy at a show as
    being less than Rio's. If someone travels to a show, the travel cost
    certainly affects the price. Items at a show can be extremely
    limited, are you talking about beads? Just the shipping price on an
    internet purchase can raise the price over Rio's. 

    I can buy some products from Rio that I cannot get from Stuller. I
    can buy some products from Hoover and Strong less expensive than from
    Stuller, but if I need a gemstone with my order, I pay a little more
    from Stuller, but for the same shipping cost, I get the gemstone
    with my order. Stuller can ship overnight Fedex for half what other
    companies charge, and sometimes that overnight shipping makes the
    sale. There are a lot of sales that are not price sensitive, it is
    need based. 

    The reality for me is that I have to buy what I need from who has it
    and price usually isn't much of an issue. 

    I do a lot of repair, custom, and I manufacture inventory for my
    store, in gold and sterling, we also use gemstone beads. I cannot
    think of any items Rio sells that I could not get a good profit
    from. 

    If you are making something where there is a lot of competition, and
    a lot of people sell items for low prices and that restricts what you
    can charge, the issue is how and where you market what you make, not
    what you pay for supplies. Some people can spend $30 and make $60,
    some can spend $30 and get $150. 

    When I save money buying something at a show, I still sell it as if
    I bought it from my regular supplier. I do not lower the price, I
    make more profit.

Richard Hart
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