BLOG.teeda.com

/ b l o g /

A Resource for the Silver Jewelry Trade

HUGE Price Reduction On ALL Jewelry Styles! Shipping Too!

Here’s some great news, just in time for the holiday shopping rush!

WE’VE DRASTICALLY REDUCED PRICES ON ALL JEWELRY STYLES.

ALL STYLES in our inventory have been marked down, many by more than 50% since August. A few examples:

Silver Chains: All styles reduced 21-25%.

CZ Stud Earrings: All styles reduced by as much as 17-36%.

How did we manage to do this, you ask?
1. Since August, the price of raw silver has fallen from a peak of over $43/ounce to around $32/ounce today. That helped. A LOT.
2. We’ve worked hard all summer to negotiate better deals with our manufacturing partners. They’ve really come through for us without compromising quality or manufacturing lead times.
3. Lower profit margins for us, across the board. When our customers are experiencing leaner times, we are committed to doing our share of belt tightening.

AND THERE’S MORE: Shipping & Handling to U.S., Puerto Rico, and U.S. Virgin Islands addresses has been reduced for nearly all shipping methods. Now as low as $3.95 (for orders that meet our $100 minimum order). The new S&H rates are built right into the system, so there’s no need to enter a coupon code to take advantage of the improved rates. Yes, this means that you can apply volume discount coupons and still take advantage of these drastically reduced shipping rates.

Free Shipping on USPS First Class Orders $100-$400

Free Shipping Wholesale Silver Jewelry

THIS OFFER HAS BEEN EXTENDED THROUGH OCTOBER 31, 2011

It’s been a hot summer, and our free shipping deal is even hotter. If you’re in the United States, Puerto Rico, or the U.S. Virgin Islands, simply enter code hotship at checkout and select USPS First Class as the shipping method to take advantage of this offer.

Terms & Conditions: Offer valid from July 27 through August 31, 2011. Offer only good for orders $100-$400 placed online and shipped via USPS First Class Mail to addresses in the United States, Puerto Rico, or the U.S. Virgin Islands. If a portion or the entirety of the order is returned, applicable S&H fees and minimum order surcharges will be applied to the revised invoice and deducted from any refund given. This offer cannot be combined with any other coupon codes or volume discounts.

Spring is Here. CZ Engagement Ring Sets at Teeda.com

cz engagement ring sets
Wedding season is upon us. Teeda.com has dozens of wholesale engagement ring sets to choose from. All in sterling silver with high quality cubic zirconia. Great service, fast shipping, and much, much more. Try us today and see what more than 14,000 customers in over 40 countries have already discovered: Teeda.com helps your retail jewelry business bloom.

Selling Silver Jewelry Successfully with Silver Prices Going Up

With the price of silver going up so rapidly seemingly every week, we know that it’s a challenging environment for all of our customers. Be assured that we are doing everything we can to help our customers succeed- from reducing our profit margins to the bare minimum, to expanding our selection of lighter weight/lower cost pieces. Even now, we offer several hundred wholesale silver jewelry styles priced under $7.

One great benefit that our long-time customers are very familiar with is that our high level of service makes it easier for silver jewelry retailers to operate their businesses profitably. We ship on the same day if the order is placed by 1pm California time. This, along with the real-time inventory on our wholesale jewelry website, enables our customers to pre-sell some of the inventory even before they place their weekly order with us. It means carrying less inventory on hand, thereby enhancing your business’ profitability.

When it comes to a trusted wholesale silver jewelry supplier, you can count on Teeda.com to help your retail jewelry business be consistently profitable.

Price of Silver Just Keeps Going Up…

silver price chart 2011 ytdJust when we thought that it would stop its rapid upward trajectory, the price of raw silver keeps going up. Yesterday it closed at $31.94/oz, and as of this posting it’s trading at an unprecedented $32.81. Most of this is probably because of political instability around the world and other macroeconomic factors- all of which should settle down at some point. Let’s hope that the settling down happens rather soon so that we can go back to lower prices for our customers.

Just Added: 252 All-New Jewelry Styles

252 New Wholesale Sterling Silver Jewelry Styles at Teeda.com
We’ve added a lot of hot new sterling silver jewelry styles this week. Some of our product categories doubled in size overnight. Each new style is carefully selected to be fashionable and affordable for your customers. And keep our wholesale jewelry store bookmarked- we’re on a roll this year on the merchandising front, and will be adding a lot of fast-selling new styles throughout the year.

Sterling Silver Heart Jewelry for Valentine’s Day

Valentine's Day Wholesale JewelryValentine’s Day is just around the corner. Check out our hundreds of heart styles. All sterling silver wholesale.

How the Price of Silver Affects Silver Jewelry Prices

Silver Price 2010 Year-to-Date
The cost of raw silver has recently rocketed from $15-$20/oz throughout most of 2010 to $26-$29/oz in the past few weeks. You have probably noticed that all silver jewelry wholesalers, including Teeda.com, have had to adjust prices accordingly. For any wholesaler whose merchandise is made with genuine sterling silver, there is no avoiding the effects of the silver market- we have to purchase raw silver when we start a new production batch (we start several batches every month), and the price of that raw silver is always based on the market closing price.

Several years ago when silver was trading at roughly $5.00/oz, raw silver was a large component of the cost of goods, but many other inputs contributed significantly to the final cost as well. These included labor, stones, plating, packaging, customs duties, and transport. Yesterday, silver closed at over $27/oz, more than 5x its price from several years ago. Other input costs have gone up as well, but their prices have not risen nearly as quickly as the price of silver. This means that silver now commands an outsized portion of our total production costs. Consequently, our costs are now very sensitive to the price of silver. Moreover, the price of silver has also recently become more volatile, with big swings occurring over short spans of time, sometimes in the same day.

So, how does this affect our customers? Different vendors have different policies when it comes to setting prices in the face of the rising and rapidly fluctuating price of silver. At Teeda.com, we are committed to helping our customers’ retail jewelry businesses succeed. We try our best to not raise prices too rapidly when the silver price goes up, and we try to reduce prices pretty quickly when the silver price goes down. We consider this to be good business: Price stability makes it easier for our customers to run their businesses profitably, and earning our customers’ trust and loyalty always pays off in the long term.

Free FedEx Shipping is Back!

For a limited time, Teeda.com is offering FREE FEDEX EXPRESS SAVER shipping for orders over $200. At checkout, use coupon code FREESHIP (all one word, no spaces). Be sure to select “USA FedEx Express Saver” as the shipping method before entering the coupon code.

Terms & Conditions: Offer expires July 31, 2010. Cannot be combined with any other offers, coupons or volume discounts. Only valid for orders placed online and shipping to addresses within the United States. If items are returned to bring the revised order total below $200, standard S&H rates will apply and be deducted from the return refund.

Valentine’s Day Jewelry Collection!

wholesale Valentine's Day Jewelry