Fine Jewelry Price and Pricing





Fine Jewelry Price and Pricing

The problem with jewelry pricing is that "retailers" does, very too often, "over" markup their products. Many can go as high as 5 times of what they really paid to manufacturers. Many well known brand can fetch as much as 20x that costs and never be on sale. Most outsource the manufacturing of their collections. Only piece of exceptional value and high in carat weight are "home made". Even "liquidators" buy their items at cost value of the day's market pricing and they will never let things sells at below cost! The "retail" price has no weight in value of what you're buying. More precisely, 99% of sales in the jewelry retail business are no longer sold at "retail price". The only few exceptions are when you buy from a very high end Brand Name stores. But you can find the same Brand and quality jewelry at some of the higher end department stores and that is where they use to their advantage, the retail pricing game. They use the price comparison of that piece they are selling as if, you were to buy it at those higher end brand name stores. They just need one piece of the same quality or of the same Brand name in their store, to use the Brand Name retail pricing on all of their stocks. 



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