Online trade jewellery supplier

Independent jewellers, gift shops, boutiques, salons and market traders who buy to resell.

You buy at trade price and sell at a wholesale price with a margin. Minimum order values and repeat orders from regular shops keep it worthwhile.

• Spotting styles that sell
• Organised stock and order handling
• Building relationships with shop owners

• Hallmarking rules for gold, silver, platinum and palladium items, check the UK assay office guidance before selling
• Product safety and metal content rules, such as nickel limits, ask suppliers for compliance information
• Customs duty and import VAT if you buy from abroad
• Stock insurance and public liability, and check your home insurance for business stock
• Copied designs and counterfeit brand items, buy only from suppliers you can trust

Startup costs are typically around £1,500 to £7,500, depending on how much stock you buy, your trade website and any insurance. If you import, check customs duty and import VAT, which can add to the total.

Things to check: hallmarking rules for gold, silver, platinum and palladium items using UK assay office guidance, product safety and metal content rules such as nickel limits, and customs duty and import VAT if you buy from abroad.

Monthly revenue is typically estimated at around £1,000 to £5,000, depending on your range, how many shops you win and how often they reorder. The estimate assumes at least about 10 hours of work a week.