#38 Easy Sourcing Strategies for Your Jewelry Business

Sourcing, Sourcing Sourcing…it’s a thorn in our side as designers and jewelry makers.

I know many of YOU get seriously overwhelmed by sourcing.

I’ll be honest: I even got anxiety when planning this podcast!

(I’m searching for some new rose cut diamond dealers~argh!)

So, why is sourcing such a struggle?

Well, it doesn’t have to be! In this episode, I am going to walk you through some easy strategies to help you out with easy sourcing for manufacturers and suppliers.

Let's do this.

Click here to download the show notes

Start Locally

Working with local vendors and manufacturers is probably one of the best and most manageable sourcing strategies for designers today.

Wherever you’re located, starting locally will give you more control, as all the businesses and contractors you work with will be just a quick drive away!

Find One-Stop Shop Manufacturers

While working with local businesses gives you a leg up, the convenience of one-stop shop manufacturers that can “do it all” can actually end up saving you money.

These type of manufacturers that can easily create the type of jewelry you make from start to finish, without any need to send the pieces off to additional manufacturers. Pretty cool, right?

Take It Slow

There’s no need to place a huge order when you first start a relationship with a vendor. To start, order small quantities out to test out the quality. Make sure you really like the manufacturer’s end product before ordering too much!

If there’s one thing you take away here: Diving in without testing the waters is a recipe for a sourcing disaster!

If you want to learn more about everything I discussed above, PLUS how to find manufacturers and how to build great sourcing relationships, take a listen to the podcast (above)!

After listening, I know some of you may still feel overwhelmed.

That’s exactly why we created an amazing FREE resource for you!

how-to-source-for-jewelry

Did you like the podcast? Help us spread the word!

If you enjoyed the show, subscribe to our podcast on iTunes and be sure to miss an episode! You can help us reach more designers by rating the podcast and leaving us a quick review!

Links
Overwhelm to FREEDOM Training Series
Multiply Your Profits


xo,Tracy Matthews
Chief Visionary Officer
Flourish & Thrive Academy

8 Comments

  1. Wrap Your Style on April 26, 2016 at 9:26 am

    Listened to the podcast. This is my biggest problem. I make leather beaded cuff bracelets and have to buy the beads I use from ONE local source. Her prices are high and she wants to raise them to me. My beads are nickel plated, 6mm with a 3.5mm hole. I have looked online everywhere and cannot find the hole size.

    I would love a way to find these secreted wholesalers!

    • Tracy Matthews on May 10, 2016 at 4:44 pm

      I have totally been there! I don’t know anyplace off the top of my head that sells that specific bead but I will ask around.

  2. Denise on April 27, 2016 at 11:20 pm

    Hello Tracy, I’ve been a listener & a follower I’m like a sponge soaking in all the wonderful information you are so generous to share. Thanks so much! I hope you will continue to share your knowledge along with your special guests.

    • Tracy Matthews on May 10, 2016 at 4:39 pm

      Thank you! I’m so glad you’re liking it, I love bringing this podcast every week!

  3. Lisa on August 8, 2016 at 2:05 am

    This was really informative, Tracy! Thank you. I know I have been guilty of not keeping track of every vendor and then kicking myself! There is one vendor in NYC I’m still trying to find. LOL. This podcast answered some of my questions re: production. I always wondered what to do about big orders and it seems like having someone to help me with production/assembly is the direction I might eventually want to go in. What is the industry standard re: payment for production of a beaded piece of jewelry? Is it typical to pay by the hour or by the piece? And how much is the going rate for each for simple beaded pieces using stringing and wire wrapping techniques?

  4. Alessia on May 4, 2017 at 2:54 pm

    Hi!
    I’m a beginner in this business, and this site is being very helpful so far…my problem is that the path I chose is kinda new and there seems not to be much experience to be shared around in the internet…I’m into sustainable luxury and I design jewelry with recycled material; I’ve recently moved to a smaller city and I’ve started collecting fabric, wood, glass and plastic leftovers from local artisans, wich I’m happy about because it 100% fits my philosophy…my problem is that I KINDA know what material I will be able to use, but not EXACLTY what material. That’s one part I also like because the whole sustainability, recycling and upcycling issue is about using what is actually and already there, and the challenge is exactly to make great designs out of that so as sustainability doesn’t have to be a stylistic sacrifice…I’m actually finding hard to create few collections and brand aesthetics tho. Do you have ANY advice, like how I could integrate material changings in the same design or collection, or ways to merchandise this uncertainty in a way people can understand it?
    Also, do you know some jewelry designers that make sustainable or recycled products?
    ANY tip that would be VERY appreciated!!!
    Thank you

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