If you find a great product within the niche, jewelry dropshipping is one of the most profitable ways to earn money online.
Itβs because jewelry is brandable, and you can set high-profit margins once youβve established your brand. For more help on this, take advantage of our branded dropshipping guide.
But for now, letβs explore the potential of dropshipping jewelry and how to set everything up.
Can I Still Dropship Jewelry in 2024?
The answer is a big yes. π
Even though itβs niche dropshipping and requires a bit more expertise, you can still make a lot of money when you learn how to start a jewelry dropshipping store.
Thus, the key in jewelry dropshipping today is to find a unique product, something no one else is selling. However, it still has to look attractive, brandable, and something many would wear in public without feeling uncomfortable.
Also, it can be a hard process but itβs incredibly worth it once youβve hit your winner. As a result, learning how to find winning products, regardless of your niche, is a crucial dropshipping skill.
Is Jewelry a Good Niche for Dropshipping?
Jewelry dropshipping is a great niche today, just like it was five years ago and long before that. Some things may have changed but that doesnβt mean that dropshipping jewelry is a bad idea.
Thus, these are five great reasons why the jewelry niche is still a good idea:
- You can set high profit margins
- Costs are very low for jewelry dropshipping
- Itβs hard to damage these products, keeping dropshipping returns low
- The jewelry market worldwide in 2024 would be approximately $309.26 billion based on a 3.66% CAGR.
- You have tons of unique products to choose from
Is Dropshipping Jewelry Profitable?
Considering this is a multi-billion dollar business, itβs safe to say that jewelry dropshipping is highly profitable.
However, thatβs not the only reason. We mentioned that profit margins for jewelry can get ridiculously high. That alone is enough to let you enjoy lucrative earnings.
Also, hereβs a quick example to show how jewelry dropshipping is working for others:
This is a spinner ring, a popular jewelry product these days. π
This is a similar (if not the same) ring thatβs being sold at a nearly 3800% profit. π
Notably, thousands of others are doing the same thing. Jewelry dropshipping is one of the rare niches where you can have such colossal profit margins.
π‘ Read more: Explore our list of the Best Niches for Dropshipping Stores.
NEW: Get a Ready-to-Sell Shopify Store in 1 minute with AI!
Get a professional, personalized Ready-to-Sell Dropshipping store in less than a minute with the power of AI β Winning Products, a Unique Logo & our Custom Theme β included!
Get your Ready-to-Sell Store Now!How to Start a Jewelry Dropshipping Store in 2024?
Now that youβve seen the potential of dropshipping jewelry, itβs time to learn how to start your own jewelry dropshipping store.
Follow these steps!
1. Find a Jewelry Supplier and Product
Use this list of dropshipping jewelry suppliers and products to find your winner.
If you donβt like what you see there, thereβs another list at the end of this article with a few other amazing choices.
2. Set Up Your Online Store
Nowadays, creating an online store is the easiest step of the entire process. All you need is Shopify or any other Shopify dropshipping alternative, and youβre set.
You can follow this guide on how to create your first Shopify dropshipping store or just play around with its drag-and-drop editor. Trust me, it wonβt take long to learn how to use it.
3. Start Advertising Your Product
The last step is to create good-looking luxury ads that entice viewers to purchase. With jewelry, you want to hit the target emotionally, as this type of product doesnβt really solve any problem.
As a result, you can use paid advertising platforms like Facebook ads or you can go the old-fashioned way and try a few free advertising methods for your store.
My advice is to go with paid advertising unless youβre really low on cash.
List of Best Jewelry Dropshipping Suppliers
Here is a list of a few hand-picked jewelry dropshipping suppliers that you can work with.
If you want to look at more suggestions, our vast dropshipping supplier directory has enough options to choose from.
1. Brands Gateway
Brands Gateway offers some of the most lucrative jewelry pieces on the market. They work with top fashion brands worldwide and will help you obtain high-profit margins thanks to their premium products.
Email: supports@brandsgateway.com
Location: US and EU
2. FashionTIY
From earrings to necklaces to even custom phone cases, FashionTIY features a massive list of products for just about anyone, even kids.
Email: tiy@fashiontiy.com
Location: USA
3. Nihao Jewelry
Nihao Jewelry packs an even larger inventory of various jewelry pieces ready to be dropshipped. You can also find countless suppliers to work with here, chat with them, and even arrange custom prices.
Email: info@nihaojewelry.co.uk
Location: China
4. Necklace
Unlike the previous three jewelry dropshipping suppliers, oNecklace features only jewelry, excluding any clothing or other fashion products.
Here, you can find the most unique rings, bracelets, earrings, and fun novelty accessories that can serve as wonderful gifts.
Email: customerservice@onecklace.com
Location: USA
5. Topearl
Topearl specializes in supplying jewelry products that are unlike most regular items youβve seen online.
Here, you can find special pearls in oysters, unique beads, chakra jewelry, even pocket watches.
Email: info@topearl.com
Location: China
6. Shewin
Shewin is a company they’re dedicated to serving the USA market.
They focus on providing stylish wholesale clothes and services of good quality. Thus, their wide range includes various women’s southern wholesale clothing items like tops, dresses, bottoms, sets, special occasion outfits, shoes, bags, accessories, and plus-size clothing, all at really affordable prices.
Email: service@shewin.com
Location: China
Examples of Great Jewelry Products to Dropship in 2024
If youβre looking for a little inspiration on what types of jewelry products to dropship, here are five examples that are currently blowing up on the market.
1. Fake Piercing Nose Ring
Hereβs a great product that you can market to customers as a way to play a fun prank on their parents or look like theyβve pierced their nose without having to suffer through all that pain.
It has over 36.000 orders on AliExpress so far, with close to 9000 reviews and a rating of 4.5 βοΈ.
2. Spinner Rings
The Spinner Ring is a popular product that helps users reduce anxiety and look cool at the same time.
It costs under a single dollar and can easily be sold 10x, 20x, and even 30x that purchase price.
π‘ Tip: Take advantage of our guide on how to set the ideal dropshipping profit margin and leverage products like the spinner ring to the next level.
3. Chain Rings
With over 26.000 orders on AliExpress with mainly positive reviews, these gorgeous chainrings can be the perfect gift for your girlfriend, mom, and even your grandma.
They are classy, elegant, and best of all, dirt cheap. Like the Spinner Rings, you can set remarkably high prices on this product as well.
4. Minimalistic Ring Set
This is a set of rings for multiple fingers. The set comes with six pieces that cost under a dollar together.
It has close to 30.000 orders on AliExpress and over 8.000 positive reviews. Having said that, itβs another amazing jewelry dropshipping product you can test even today.
5. Vintage Menβs Rings
A single ring from this collection easily looks like it costs at least a couple of hundred dollars.
You can create attractive discounts on your store showing customers that youβre having a sale from several hundred to only around $40-50 and still make an outstanding profit.
π‘ Tip: Learn about Dropship Baby Products: A Step-By-Step Guide + Top 24 Products
Services That Can Help You Start and Scale a Jewelry Dropshipping Store
If you donβt feel like you have what it takes to succeed on your own, there are plenty of affordable services that can help you every step of the way.
The services Iβm about to show you are FREE upfront π±, meaning you donβt have to pay anything until they help you make sales.
This is more than perfect for beginner dropshippers!
1. Spocket
Starting a jewelry business with Spocket dropshipping means getting access to premium US and EU suppliers, lots of winning products, and help with dropshipping order fulfillment as well.
Spocket dropshipping services:
β Effortless product importing
β Branded invoicing
β Inventory updates
β Request product samples
β Fast shipping
2. Sup Dropshipping
If you want help with literally everything from start to finish, then Sup Dropshipping is the service youβll want to choose.
This is one of the most expansive services that can build an entire dropshipping business for you. Itβs free and you only pay them a fee for every product they process for you.
Until then, all Sup Dropshipping does for you is free of charge.
Sup Dropshipping services:
β dropshipping product sourcing
β Order fulfillment
β Custom dropshipping packaging
β Quality inspections
β Print on demand
β Logo engraving
β Premium product photography
β Personal dropshipping agent
3. HyperSKU
This is a platform that helps dropshippers start and scale their business by sourcing great products and fulfilling all orders.
We have a detailed HyperSKU review covering how the entire process goes, what itβs like working with them, and how much it costs once you start making sales.
HyperSKU dropshipping services:
β Product sourcing
β Order fulfillment
β Easy shipment tracking
β Warehousing
β Dropshipping return management
4. CJ Wholesale
When it comes to jewelry dropshipping, or dropshipping in general at scale, CJ Wholesale is the service you want to work with.
CJ Wholesale has a massive list of dropshipping suppliers from China that can give you access to high-quality products and affordable prices.
But thatβs not all CJ Wholesale can do, as you can see from the list below.
CJ Wholesale dropshipping services:
β Product sourcing & fulfillment
β Branded dropshipping services
β Product quality inspection
β Dedicated dropshipping agent
β Fast worldwide shipping
β Warehousing
5. Flxpoint
When your jewelry dropshipping business starts to grow, you can take advantage of Flxpoint to automate most of the process and focus on growing even more.
Flxpoint is dropshipping automation software that does most of the boring, yet important, dropshipping operations for you.
This leaves you more time to focus on boosting sales, networking, and growing your dropshipping store every single day.
Flxpoint dropshipping services:
β Easy supplier integration
β Product management
β Inventory updates
β Multi-channel selling
β Order management
β Invoicing and accounting management
Conclusion
As you can see, the possibilities to grow and earn from jewelry dropshipping are still quite high. Youβve seen how to create your store, how to find products, how to get sales, and how to scale.
Basically, this was a How-To: Jewelry Dropshipping guide. Now, all thatβs left to do is to go out there, follow all these steps, and create your dream jewelry dropshipping store!
