Is Permanent Jewelry a Profitable Business? Actual Data Explained | $350k Return on $3k Investment

I often get asked: Is Permanent Jewelry Profitable as a Business, so I decided to make this video to explain why permanent jewelry is an incredibly profitable business.

If you actually look on social media and track some of the businesses offering permanent jewelry, you will find many that started out as side hustles have now financed the opening of stores and boutiques, some even multiple locations. There are dedicated permanent jewelry boutiques, while many have opened boutiques selling complementary services and products. Their success and profits are real

The Average full-time permanent jewelry business profits over $350,000 on a $2500 investment. Many part-time pj artists are making $200-$600 per hour. This is because permanent jewelry offers huge markups with 10x to 18x cost, unlike normal jewelry sales, which usually doubles or triples cost. Also, you cannot order permanent jewelry online, so you are not competing with online shopping. It is a service that requires welding and customers love that personal experience.

The data I am going to reference has been collected from hundreds of permanent jewelry businesses - these are our customers and focus group PJ Artists. The figures are compiled through interviews, looking at their online prices and also seeing how much they are reordering in chains and components from us. Individual figures will vary depending on the size and demographics of their local market. But these are fairly accurate averages.

I have filmed a video on all the COSTS of starting a permanent jewelry business and will leave a link to it    • How much does it COST to start my own...  

For this segment, I will focus on Revenue and Profits with only a short mention of cost details that you can find in that video.

Here's a CHECKLIST of what you need to start and run a permanent jewelry business:
https://stonesandfindings.com/free-re...
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Time Stamps:
00:00 Intro
00:26 Permanent Jewelry is Incredibly Profitable
01:34 About the profits
04:27 Profits and costs of a Permanent Jewelry Business
07:04 Average Daily Sales Volume from Permanent Jewelry Businesses
08:40 Record Sales Reported by Our PJ Artists Customer
09:04 Yearly Income from Permanent Jewelry
10:18 Making more than $400k per year in full-time permanent jewelry
10:51 You can be next
11:15 PJ Match Finder Tool for permanent jewelry pop-up collaboration
12:02 End

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Full disclosure
About us: Stones And Findings is a wholesaler of premium jewellery components.
You can shop our extensive collection online at wholesale prices by first creating an account (you do not need a business license). You will get instant access to prices and shopping cart at the bottom of this page:https://stonesandfindings.com/my-acco...

#businessgrowth #profit #sidehustle