Q. 0 1. You get monthly commission but it is only good when the store makes their month. The final aspect that a jeweler may decide to pursue as a career is appraisal. I think I would start by offering your representative 15% and let her ”prove” her way to a higher commission. When you take that piece to the party and sell it, you sell it for $5. FREE – 7 Super Jewelry Making Hacks – plus the Jewelry Making Journal Newsletter – all for FREE. But depending on the shop or gallery, the consignment percentage may be anywhere from 80/20 (80% to the artist and 20% to the shop) to 50/50 (the artist and the shop split the proceeds of the sale equally). But before you assume that a gold dealer makes $60 per coin, you must also consider that dealers do not buy these coins at the spot price either. And to make it even better, you simply pocket the money! That is insane!!! Jewelry & Diamonds - most types of precious jewelry including rings, bracelets, ... even the way we've structured our commission. I would not give up control of pricing my products. If it’s less than $20, it will rollover until your total is at least $20. If you have individuals join you team, you get a commission on what they sell. KA Gold Jewelry. They gave excellent tips. The commission we take is subject to a successful auction and is a percentage of the final sale price. However, do not let her be in control of your pricing! Hourly pay at Zales Jewelers ranges from an average of $8.56 to $16.76 an hour. Sales. I am a jewellery designer for semi-precious stones and pearls. You certainly want to be in control of how you are represented out there, The rep should get a fair percentage but you ultimately set the prices. It’s also important to create a detailed list of all the samples your going to send. How to sell your jewelry to holiday shoppers. You receive 5% commission on your team member’s orders. Is your salesperson is working for you in a traditional “sales representative” capacity, selling your jewelry to stores and galleries for you? Answered October 16, 2018 - OFFICE MANAGER (Former Employee) - Frackville, PA 17931. My simplest, most profitable strategies for selling jewelry. Retail & Food Services. Based on 364 salaries. Sell more jewelry at shows, fairs, and festivals. We offer this service, using 100% of your existing precious metal for the new design. As an affiliate with LilyFair Jewelry, you can currently earn 15% commission. Appraisal is the process of being able to view and test pieces of jewelry to determine their value. I wouldnt sell someone else’s stuff for less than that and I would definately set your prices yourself. 25% is actually a really good commission rate. In order for you to receive it, it must be at least $20 total (sales plus team commission). Or is your salesperson selling your jewelry directly to the final customers, such as at jewelry parties, jewelry shows, private showings, trunk shows, etc.? A ffull time associait in jewlery makes about $400 weekly. The counter manager gets paid a commission on all sales for the counter and most cosmetic counts do a few million dollars a year business. Once you achieve director status, (three active team members in one month) you will receive 10% commission on your team’s orders. And Good Luck! If the store hit the next level, another 1%, and the last level, another 1%. They currently offer between 5-7% commission. ? Check our fee table: I agree, do not have someone else control your jewelry pricing. The price of each item is $2.75. Another option would be to get her input on what markup she would make and work from there. What percent would you pay a sales person on commission basis? I will like to hire a sales person on a commission basis but don’t know the percentage I should give her for selling my designs. Since few only work as appraisers, their salary varies depending on where the jeweler works and the other position that they hold within their workplace. As an affiliate for KA Gold Jewelry, you receive 10% commission on every sale you refer. Sales reps’ commissions usually average around 15% to 20% of the sales they make for you. These jewelers mold precious metals and minerals into everything from bracelets and wedding rings, to broaches and necklaces. For sales representatives of footwear manufacturers, the average pay was $90,320 -- highest among industries that have sales representatives (excluding technical and scientific products). 300 seconds . I hope this helps, Josefina – and remember, you want to be sure to work out a written agreement that is beneficial to both of you, stating exactly what each of you is responsible for, and what’s expected of everyone involved. When I was hired on commission structure was .5%, literally 2wks. How Does thredUP Work? Selling Jewelry at Work – scroll down through this article till you come to the heading, “Let Friends or Family Show Your Jewelry at Their Workplaces”. If so, then you will want to see these two pages here: Hiring a Jewelry Sales Rep – what you need to know before hiring a rep, where to find good reps, and what to ask a rep before hiring him/her. Here is what this looks like in action: Click here to download the spreadsheet with the above calculations pre-programmed. Sosie, thanks for sharing your valuable experience! hi Get Rena's 7 Super Jewelry Making Hacks, plus the Jewelry Making Journal Newsletter - all for FREE. I have a small jewelry business as well and have several sales reps that sells to the stores and I pay them from 15% – 20% commissions depending on their experience and if they do their own tradeshows. You earn 45% commission on each $5 accessory that you sell, which equates to $2.25. Yes, Kay Jewelers paid the employees commission on their sales. So you could potentially make 4% commission on everything you sold that month. Tags: Question 17 . How to Set Up My Jewelry Business Legally for Selling? Jewelry stores are at higher risk than most retail stores for theft or robbery. Interview with a Jewelry Sales Rep – the rep’s point of view of selling your jewelry; loads of tips on working in a win-win way with your rep. Learn more. However, it will add up much quicker than you think. fjs.parentNode.insertBefore(js, fjs); Report answer. Barely made $20,000 a year. Working repair includes resizing, setting, re-setting and even some aspects of jewelry design. 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