How to Start a Jewelry Business

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Are you between jobs, looking for self-employment, or just looking for a way to supplement your income? There are several enterprises you can start, but the quantity of money required for capital may limit your options. Don't get disheartened; some company ideas can be started with as little as Kshs2000. Selling jewellery is an example of such a business.

Women value their appearance and will pay money to maintain it. Earrings, rings, necklaces, body chains, hair jewelry, watches, bangles, and other jewelry can never go wrong.

Where can I get them?

Dubois Street, off Accra Road, is the premier street for bulk jewelry purchases. Shops selling jewelry, makeup, innerwear, and hair extensions fill both sides of Dubois Road. Avoid buying things from retailers at the entrance to any building because they are usually more expensive. Choose a day when you will be able to visit that location and roam around without feeling rushed. Inquire about costs at each store you visit so that you may compare them afterwards.

What are your options?

So you've got Ksh2000 and are undecided on what to buy. Watches range in price from $150 to $300, depending on the design, therefore you may expect anywhere from 6 to 13 watches for that budget. You can expect to make a profit of 100/= or 200/= each watch if you sell them at 250/= or 500/= for both. Earrings are 50/= per pair, thus you'll get 20 pairs. Sell them for either 100/= or 150/=, and you'll make a profit of 2000/= or 3000/=. Each ring costs 100/= and can be sold for 150/=.

Where should I sell?

So you've got your stuff and are looking for a place to sell them. Begin with coworkers and friends. Then go on to your family. Use WhatsApp to send photos of the objects you own. You may also post them on your Facebook or Instagram pages.

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