The business focuses on making beads and stones jewellery and selling them at jewellery shop, craft exhibitions, flea markets, to general customers, friends and family, and also online.
These days, women love to match their jewellery with their dresses. There are different kinds of beads and stone jewellery being made for different occasions. The jewellery available at high-end fashion stores are very expensive. A person who is skilled at making customised jewellery can easily start a profitable business with little investment.
There is a huge demand for beads and stone jewellery.
Little investment is required.
There is a lot scope to add creativity and make various kinds of jewellery.
You also have the option of customising the jewellery as per demand.
There is a scope of growth if the demand increases.
Competition is more so a lot of advertisement is required to promote the business.
Long hours of dedicated work is required to make the jewellery.
The jewellery should be of a high quality and with a professional finish.
Profit margin is not very huge unless and until one gets a bulk order of jewellery.
Any person who wants to get into the jewellery making business should be skilled in the art of making jewellery. He/she should also be able to put in long hours of dedicated hard work in creating professional looking jewellery.
Jewellery making is a profitable business if a person is skilled in the craft. Setting good prices for the jewellery and effective marketing can help the business to grow.