Made in China has always been well-known in the world. You can see products made in China anywhere in the world. Bags, clothes, jewelry or toys, almost everything you need can be found in the Chinese wholesale market. This article will introduce you to several well-known wholesale markets for jewelry and fashion accessories in China in 2021.
Yiwu Small Commodity Wholesale Market
The market is the biggest feature and advantage of Yiwu's economy. Since the first small commodity market in the country was established in 1982, after five changes of location and nine expansions, Yiwu has formed a China Small Commodity City as the core, with 11 professional markets(electronic market, home appliance market, second-hand goods market, automobile city, Yiwu decoration city, material market, Yiwu Agricultural Trade City, furniture market, second-hand car market, timber market, publication center), which integrates transportation, property rights, labor and other factor market systems.
Yiwu Small Commodity Wholesale Market is one of the largest export bases of small commodities in China. Commodities have been exported to 219 countries and regions, and more than 570,000 standard containers are exported annually, and foreign trade exports account for 65%. The number of resident representative offices of foreign enterprises reached 3,059, ranking first in the country, and the number of resident foreign businessmen reached more than 13,000. The United Nations Refugee Agency, the Ministry of Foreign Affairs and other agencies have established a procurement information center in Yiwu, and 83 countries and regions have set up import commodity pavilions in the market.
Wuhan Hanzheng Street Small Ornaments Market
The small commodity wholesale market on Hanzheng Street in Wuhan is the largest small commodity distribution center in central China. Most of the merchants operating are small and medium-sized private enterprises, and the distribution products include 28 categories of commodities such as clothing, accessories, toys, hardware, zippers and other clothing accessories, interior goods, home appliances, footwear, handicrafts, and cosmetics. The entire Hanzheng Street Market has a total business area of 2.56 square kilometers, and the number of self-employed businesses has grown to 13,00.
Luqiao Small Jewelry Wholesale Market
Luqiao Small Commodity Wholesale Market was established in June 1982. It is one of the earliest small commodity markets in the country and the birthplace of Zhejiang Province. After more than 20 years of development, the market has become a well-known small commodity distribution center in the southeast coastal area of Zhejiang. Its comprehensive strength ranks 2nd in the Taizhou trade market and 12th in the top 100 markets in Zhejiang. Mainly engaged in department stores, shoes, bags, knitwear, cotton, curtains, bedding, toys, craft gifts, wool, clothing and other 15 categories of more than 20,000 commodities.
Hebei Baigou Small Commodity Wholesale Market
The Baigou Small Commodity Wholesale Market has a total investment of 40 million yuan, a total area of 3,800 square meters, and a total construction area of 14,000 square meters. The buildings are divided into four floors, one underground, one above ground, two above ground, and three above ground. According to the different types of business, there are two layouts of boutique houses and counters. The basement floor mainly deals with plastic toys, packaging belts, daily necessities, etc. The first floor mainly deals with handicrafts, ornaments, entertainment products, etc. The second floor mainly operates small department stores, one-yuan stores, and ten-yuan stores. The third floor deals in stationery and sports supplies, office supplies, etc.
Shanghai Guangcai Small Jewelry Wholesale Market
Shanghai Guangcai Small Commodity Wholesale Market is located in the market on Zhenbei Road in the west of Shanghai. This market is to set up a special product window in Shanghai for enterprises and operators in underdeveloped areas in the central and western regions. It is also the largest small commodity wholesale market in Shanghai. The first floor is dominated by small commodities, such as jewelry, shoes and hats, socks, kitchen supplies and other samples.
Suggestions for starting fashion jewelry and accessories business:
Nowadays, many people start their own businesses and choose jewelry, which is a small-cost and high-return industry. For shopkeepers who first buy wholesale jewelry or wholesale accessories, here are some suggestions for your reference:
1. Diverse product categories.
For the first purchase, there must be a full range of styles. Everyone is buying from their own eyes. Although this concept is correct, it must be considered that everyone has their own preferences. Customers may not hate the style you don’t like. If you are too subjective, you will lose some customers. So when choosing wholesale jewelry, try different styles. Refer to the latest fashion trends, such as vogue magazines, or online fashion recommendations to better grasp the psychology of consumers. The first time you get the goods, there is no way to determine which one the customer prefers, you need to learn from the sales slowly, and then adjust according to the customer's needs and preferences, so that the funds can be better and rationally used to avoid the backlog of goods.
2. Product price.
Although fashion accessories are favored, the quality must be guaranteed and there must be profit margins. When buying goods, you can’t just look at whether the jewelry or accessories are good-looking, but also whether the items you buy can sell for a higher price. If you get it at a higher wholesale price, but the sales price is lower, the profit you get is meager. For retailers, the ultimate goal of a series of purchase/display/sale work is to maximize profits, and each of your decisions must be aimed at maximizing profit.
3. For the first purchase, try products of various prices.
For a newly opened store, if you are not sure about the customer's spending power, it is best to choose some products at any price. It depends on the specific sales situation to determine what kind of goods should be purchased in the future.
At last
If you cannot go directly to the wholesale market in China to wholesale jewelry and fashion accessories, Chinese online jewelry and accessories wholesale websites are also a good choice, such as Nihaojewelry. Its warehouse is in Yiwu, China. You can find all kinds of high-quality and cheap earrings, necklaces, bracelets, bags, sunglasses, etc. on this website. Order directly online and quickly ship to your destination, find a variety of sources for your boutique!
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