3 ms·
My wife is a jewelry buyer for big retail , this is accurate but people also don’t understand the overhead and cost associated with retail in general. It’s much
by conductr 6y ago
My wife is a jewelry buyer for big retail , this is accurate but people also don’t understand the overhead and cost associated with retail in general. It’s much more burdened that some B2B middleman. My opinion after countless conversations with her about the industry is the best model would be something like Trunk Club where they mail you a bunch of rings, you decided which to keep. It probably exists in some format, if not, the obvious problem is the value of the inventory and the potential for fraud/theft that it would attract. Unfortunately it’s essentially what’s been going on in our house since covid WFH, she had a million dollars of product sitting on a shelf in her home office.