How to Make Money Making Jewelry

Running a profitable jewelry business is similar to starting up any other small business. Begin by educating yourself about how to make jewelry, perform careful research to ensure your product is in demand, keep overhead expenses low and don't make the leap to a jewelers' career until you build up an enthusiastic clientele who wants more of your jewelry than you are able to provide as a part-time jeweler. You'll know it's time to quit your day job when you can't fulfill your client's demands without working more hours as a jewelry designer.


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    Begin your start-up jewelry business by educating yourself about business operational procedures. The initial planning and administrative procedures for your new business may seem cumbersome, but they will help you avoid expensive legal and accounting pitfalls in the future by properly setting up your business.
    • Attend small business education courses at your local community college or economic development business center.
    • Learn why and how you should write a business plan, set up proper accounting procedures and what kinds of licenses you will need.
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    Accept credit cards for payment. Many creative individuals hesitate to offer credit cards for payment because they believe that credit card systems will be too expensive or complex to maintain. This may have been true in the past, but today small businesses can choose from affordable credit card processing devices that are so simple, some can even attach to a smart phone.
    • Many entrepreneurs find that the fees charged for services like this are outweighed by the amount of happy customers who are more willing to pay immediately when given the choice of paying with a credit card instead of writing a check.
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    Open an online storefront. Online craft businesses are a quick and relatively easy way to showcase your jewelry designs to the world. In the past, the only way to open an online jewelry store was to create a website, which required paying for the expertise of someone who knew how to create and market a successful storefront in order to make money. Today, however, there are numerous online craft communities on the Internet that provide you with an easy storefront template to show and sell your products in exchange for a small fee. and are just 2 of many online crafters storefronts made for jewelry designers.
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    Sell directly to the public at a craft fair. Many crafters and jewelry designers make significant profits at craft fairs because these shows are an affordable way to reach out to large amounts of pre-qualified individuals who are attending the fair specifically to look at and buy homemade crafts. Many craft fairs are annual events that give artists the opportunity to establish relationship with repeat customers and steadily build up a clientele who seeks out their work.


  • Although craft fairs exhibit space is usually affordable enough for an artist's budget, to ensure that you're actually going to profit from the event always calculate your total exhibit costs including transportation, lodging and incidentals before committing to an exhibit space.


  • Work-at-home craft assembly classified advertisements are a widespread Internet scam targeting cash-poor individuals who are looking for non-traditional work opportunities. Never answer an advertisement asking you to pay money for a jewelry making start-up kit. This is usually an indication of a fraudulent business that profits from selling the kits without offering any markets for the finished goods.

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Categories: Online and Home Businesses