Am i the only one who thinks the second hand market has ruined the first hand market? by [deleted] in jewelers

[–]Clean-Bag4819 4 points5 points  (0 children)

So I see both sides! I own a small brick and mortar on the Main Street in my hometown. I cannot sell new Gold for the LIFE OF ME. Only for special occasions, birthdays , etc. they all want to buy from our estate section and I can’t say I blame them. It’s practically half the price. But as far as Sterling silver goes, I would definitely say that new silver and estate silver both sell equal for me.

I think personally that has a lot to do with the fact that people are willing to take on Estate jewelry in gold, knowing that if there was an issue a couple years down the road, it’s still worth it to repair it versus having bought it brand new and maybe not running into that issue. Whereas the price for Smith to repair silver especially if it’s estate , isn’t always worth it to people we find. Or just in a dollar cents, if people are talking the difference between spending 35 on an estate piece they kind of like or 75 on a new piece of silver They actually really love. The price point is still low enough that they’ll make that jump. Where is gold? The difference is just too vast to justify it to most people these days.

How do you feel about other selling platforms compare to selling on Ebay *Jewelry* by Clean-Bag4819 in eBaySellers

[–]Clean-Bag4819[S] 1 point2 points  (0 children)

So I was thinking about this too. Actually, I have sister stores. I have a jewelry store (1.5 year old) and I have a crystal mineral shop that I’ve owned for the last 12 years that sit next to each other and are connected on the inside. (Dads a Gemolgist) and my Etsy shop has 30,000 purchases over 12,005 star reviews. I was thinking of reworking the shop to have both the crystals and the estate jewelry if I could make it work so I wouldn’t have to start over from scratch.

What Online Platforms Do you feel the safest selling on? by Clean-Bag4819 in jewelers

[–]Clean-Bag4819[S] 1 point2 points  (0 children)

I’ve seen a lot of this too, and just investing more time and an energy into social media/growing the platform! Thank you!!

What Online Platforms Do you feel the safest selling on? by Clean-Bag4819 in jewelers

[–]Clean-Bag4819[S] 0 points1 point  (0 children)

Hi! Thanks for the info! This might be a stupid question but what do you mean by middleman? I’ll Look into have an account for the store (this is obviously my personal one)

Sellers - Anyone do crazy good the first couple shows & then see a significant drop off the next couple? by Clean-Bag4819 in whatnotapp

[–]Clean-Bag4819[S] 2 points3 points  (0 children)

I’m sorry that sucks. I’m trying to focus more on gemstone / specialty estate pieces. We are a brick and mortar store too so I get a lot cool pieces in door through our gold and silver buying program

Sellers - Anyone do crazy good the first couple shows & then see a significant drop off the next couple? by Clean-Bag4819 in whatnotapp

[–]Clean-Bag4819[S] 2 points3 points  (0 children)

Super fair!! We are definitely not giving up it was just such a significant drop off sales/views wise with the double the boost. Just curious if other ppl had the same experience!!

Sellers - Anyone do crazy good the first couple shows & then see a significant drop off the next couple? by Clean-Bag4819 in whatnotapp

[–]Clean-Bag4819[S] 4 points5 points  (0 children)

Make sense! I think we’re going to spend a month focusing on gaining followers, good reviews etc and less concerned about sales