Does the jewelry factory handle retail sales? Purchasing a piece of jewelry priced around 50 yuan from a jeweler costs about 50 yuan, while buying it directly from the factory might only cost 20 yuan or even less. The price difference is several times, so I want to inquire about purchasing a few pieces of jewelry directly from the manufacturer—can that be done?
Does the jewelry factory handle retail sales? Is it cheaper to buy jewelry directly from the manufacturer?
Whether jewelry manufacturers engage in retail depends on whether they have an online store or physical shop. Even if they do, the prices won’t be as low as the factory price, at most just slightly cheaper than third-party distributors. However, since it’s a factory, the after-sales service will undoubtedly be much better than that of distributors.
The jewelry factory primarily operates on order-based production and bulk shipments, with a gross profit margin of around 30% per piece. Consequently, the factory price is very low. Retail prices for distributors and e-commerce platforms are several times higher than the factory price, so the prices are inevitably high.
If the jewelry factory has inventory, they occasionally sell retail, and the prices will be so low it’ll surprise you.