Whether you run an online store or a brick-and-mortar shop, the first thing you need to do is figure out which products you want to sell to your customers. Product sourcing is the process that is used by business owners to obtain the products that they want to sell. While there are a lot of different ways to get products into your store, there are three primary options that are used by most retailers. Identifying your target demographic and local market can help you to make strategic choices that will help you convert sales. For this article, we are going to discuss sterling silver for retailers, whether custom sterling silver design or for businesses that purchase quality silver items to sell to customers.
Which Option Will You Choose?
The first option is do-it-yourself, creating unique products or services and then selling them to your customers. This is great for crafters or home-based businesses where products are designed and produced. The second option is to hire a drop-shipper, which is a company that lets you list their products on your website and then they charge you for the products as they are sold, shipping the orders to the customers on your behalf.
The third option, working with a manufacturer directly, is by far the most popular with both online retailers and brick-and-mortar shops. Artistic silver object manufacturing through JT Inman Company can be very rewarding for both the retail business owner and the consumer. We provide a wide range of catalog items and offer opportunities for retailers to create custom products as well. This is a great way to sell unique items to customers that meet their needs while working to build your brand and stand out from competitors.
Benefits of Working With a Manufacturer
Working with a manufacturer for catalog sterling silver for retailers or custom sterling silver design provides an excellent opportunity to sell popular products without having to actually make something yourself. You want to sell things, not make things – there’s a difference! You will retain complete control over your brand and decide the things that you want to sell at your shop, ensuring that you have the power to select only quality products for your store. Building your brand is important, but protecting your brand as your company grows is essential.
Establishing a relationship with a manufacturer can be a bit of a challenge. However, if you are interested in being able to purchase quality silver items, make sure to contact our team at JT Inman Company. Since 1882, we have worked hard to earn a solid reputation within the sterling silver manufacturing industry. Some of the companies that we have partnered with throughout the year are now household names, relying on our artistic silver object manufacturing to provide them with high-quality products for their trusted customers. Finding the right partner is key to your success, so make sure it’s a good fit.
Know What You Are Getting Into
Before you make a significant purchase of products or sign a contract of any sort, take some time to learn more about the business that you will be working with for product sourcing. Ask for and check references. Do a little research at the Better Business Bureau and read online reviews from other retailers about their experiences. Evaluate all of your options and learn all of the details up front, such as the total cost for the first order, including any production, shipping or associated fees. Find out how long it will take for the manufacturer to create your custom sterling silver design products or when you can expect to receive a shipment of other catalog sterling silver for retailers.
Go over the contract and all terms, getting insight from a legal review by a trusted attorney. Ask about customer service and communication processes for product sourcing so you’ll know who to contact and what to expect if you have questions or problems with a shipment. Find out about minimum quantities and see if you can get a product sample before you sign on the dotted line. You don’t want to commit to a whole truckload of goods just to find out that they were not the good value you were anticipating. Be smart about how you run your business and who you work with for product sourcing, and you’ll be ready to start making sales and enjoying your success in no time.
Are you interested in artistic silver object manufacturing for your store? Contact JT Inman Company through our website or by calling 508-226-0080. You can view our online catalog or speak with a representative to find out about our custom sterling silver design options and white label opportunities for retailers.