Online loose gemstone seller

Independent jewellery makers, hobbyist collectors, gift buyers and people having a custom ring or pendant made.

You sell each stone for more than you paid for it. Margins depend on how well you pick stones and how clearly you describe them. Rarer or certified stones can carry higher margins.

• Knowing gemstones, cuts and quality grades
• Good product photography
• Honest, clear descriptions
• Building trust with buyers

• Check you can describe stones accurately; misdescribing treated, synthetic or lab-grown stones can break Australian Consumer Law
• Check how to handle returns, refunds and consumer guarantees
• Check any rules on buying from overseas, including customs, import duties and GST on imported goods
• Check insurance for stock in the post and at home, and whether you need an ABN and GST registration
• Stock ties up cash, so buy small until you know what sells

Startup costs are typically estimated at around $1,500 to $8,000, depending on how much stock you buy and your photography and website setup. Stock ties up cash, so buying small until you know what sells is worth considering.

Monthly revenue is typically estimated at around $500 to $4,000, depending on the stones you stock, your pricing and how many buyers you reach. These are revenue estimates, not profit, and stock purchases come out of that figure.

Check you can describe stones accurately, as misdescribing treated, synthetic or lab-grown stones can break Australian Consumer Law. Also check returns and refunds, customs, import duties and GST on imported goods, insurance, and whether you need an ABN and GST registration.