Jewelry consists of decorative items used to enhance the wearer's beauty or personal status. They are also used to define cultural, social or religious status within a specific community.
Jewelry is also used to show economic status and is relatively expensive; jewelry is often colorful and worn to attract attention.
Jewelry is often worn by women of different ages and on different occasions. Jewelry has a long history and the wearing of jewelry was considered religious and sacred.
In ancient times, married women wore jewelry to enhance their beauty, although today it is still used to enhance beauty; the only difference today is that it's seen more as a fashion sense than a religion.
Jewelry includes brooches, rings, necklaces, earrings, pendants, bracelets and cufflinks. Jewelry is made from a wide variety of materials, mainly gold, silver and precious stones.
the idea ofTo start a businessin jewelry can be a good idea for a new entrepreneur. The jewelry business is a lucrative business with huge potential for investors.
The demand for jewelry is always stable and the market is full of opportunities. However, it would not be wrong to identify that there is a lot of competition in the existing market, but any new business with a good creativity and innovation plan can build a great business from it.
Any new business requires good planning and better strategic decision-making.
In this article
AboveUS jewelry trade names
- ZALE CORPORATION
- STERLINGJOYEROSINC.
- FRED MEYERJOYERÍA
- HELZBERG DIAMONDS.
- ULTRA STORES INC.
For any new business, it's important to start by deciding on a good name for yourself and registering it for the future.
A strong brand facilitates all the work of the business; the name itself promotes and brands the entire business, sochoose the right business namecan give a positive start to the business.
Choose the correct name of the jewelry store
- The right name can lead your company to the pinnacle of success, and the wrong one can lead to failure. A company's name is often your first impression with customers.
- It is also your first impression of other business owners and investors. The name also helps communicate your business strategy; You can create a negative image or a positive image, as you have the power to influence, the power to include and the power to exclude.
The name is the first impression that is established in the market. The name helps differentiate your business from other similar businesses. A good name becomes a brand that gains popularity and consumers.
- Keeping a name is a tough job and before keeping a name there are a few things to consider; it should be simple, short and easy to pronounce.
A long, difficult name should be a barrier to new business, and no business would want to lose customers or suffer a loss because of the name.
The name must be kept according to the business you do; any misleading name can lose your customers. The name should be descriptive and should sum up everything a business is about.
- Choose an exclusive andcreative company name; many companies are selling a similar product, so the common name may not be effective as far as the competition is concerned. Any unique name can demonstrate your position in the market.
The name should always be kept in mind for the future growth of the business. Choosing a creative and catchy name is nothing more than a process; people tend to buy a product with a good name that they recognize.
The name should always be relevant to the business you do; any irrelevant names may not attract customers.
All jewelry business entrepreneurs should be well versed in the process of naming their business and products and also be familiar with theimportance of a good business name.
your potential customersYou should be able to recognize what your business is selling by looking at the name.
There are many things to know beforechoose the correct namein your brand name. You need a starting point on what personality you want to project and what type of customer you are looking for.
For jewelry trade names, you cangenerate catchy names onlineeasily. Below are some catchy jewelry business name ideas.
Don't forget to read it out loud.Hemp Jewelry Business Marketing Ideas.
jewelry trade names
A jewelry store is a type of business that deals with the manufacture and sale of any type of jewelry. You must have the relevant business knowledge to run this type of jewelry business in public.
Also, it would be helpful if you also have a suitable name for your jewelry store to be recognized. To position yourself in the industry market, you must have some relevant factors that will help you to establish this jewelry business.
The name is one of the important factors to look out for when opening a jewelry store.
RedChic Jewelry
beuBelle Jewelry
the independent jewelers
decorate legal
BlueDrops Jewelry
hexahue
score
Collo Motiva Jewelers
big brand
AlphaRoots
LazyLush Jewelers
ming city center
FabuMaster
SuperByt Jewelry
Purple Shadows
exotic jewelry
Springoo
Mayer wood jewelry
Joyeros PlayCave
MayEthics
Joyeros Tropical Grace
vertical norte
hebboHeu
therefore berry
MightyWood
new albert
New Merlin Jewelers
Joyeros NorthWander
Driftwood Jewelry
youth fabric jewelry
CoroNell Jewelers
wave change
Aerona Jewelry
ZipClip
Joyeros HappyTrails
light box
crimson jewels
Gorgon
BordeWynk
TurtleFusion
good minute
CurlyCrew Jewelers
Jewelers DirtyDates
powerful horse
look at this jewel
Who is it?
What else
MenatWork Jewelers
DoitHizo
MediaWhat Jewelers
eyebuzz
Melted chocolate
Stegbrett Jewelers
neon cap
Adapta Jewelers
CuboDeer
colloserios
ministerial jewelry
MewJogger
WeirdFun
Farista Jewelry
cookbook village
broden gray jewelry
Orange Milk Jewelers
point of wonder
Numona Mythological Jewelers
RapidMotiveName
HeavenSwing
street wing
blue grass
Meet Knett Joyeros
Are you planning to start a jewelry business? So read it out loudstep by step guide to starting an online jewelry business.
jewelry names
One of the easiest ways to come up with a name for a jewelry store is to research some existing names that are famous and relevant to your store. There are several categories of names that can be used for jewelry stores.
If you choose a specific category, it will be easier for you to come up with a name for a jewel. In addition, a particular name style also helps people to be attracted to your jewelry.
Therefore, you should always aim for the name before opening a jewelry store in public.
QuickJumbo Jewelry
BlueJade Jewelers
beyond the water
urban gray
ForceRight
Joias French Moments
Essentially
shine
Joyeros QuickClap
SilevrStone
old wave jewelers
daddy dew
north edge
sixty second gems
The table
good movement jewelry
nortesmith
Red Avenger's Jewels
allenbren
Training
Joyeros LoveScale
DarkForce Jewels
Felacia Jewelers
robin roo
steve's pastime
Easton's Jewels
Lisa Vorce
Joia Alison
yifat oren
david stark
Fiona Leah
Raquel Nascimento
stephanie cai
Bryan Rafanelli
knock please
Michelle Rago
gel the glitter
Sofia Crocos
mateo robbins
Luis Otoya
troy williams
Marcy Blum
Bronson van Wyck
Gloss Duo
laurie arons
firefly jewel
Ana David
Nicky Reinhard
tara guerard
Mindy Weiss
Calder Clark
Joy Proctor
Ying Yang
more mist
TruJass Jewelry
grill filler
Jewelry to revive life
FattyCow Jewelers
dirty dirty
CurveMotto Jewelers
water blow
Elysium
clarabarrido
Joyeros BetterBread
Alza
rapidLibo Jewelers
Ilerian Jewels
Capa Cosmix
GranZest
Joyas Beyond Glider
Urban Skill
new addict
turbine tree
Wesley's Wise Jewelers
munofie jewelry
Desley Dee Jewelers
beurrocasta
Joyeros EliteCross
night palms
SwagCity Jewelers
thomasbar
paperLoft jewelry
PrimaveraBling
two types
youth summer jewelry
jewelry name ideas
If you are planning to open a jewelry store, then you must have a basic understanding of this type of business. The foundation of your jewelry business must be strong for your business to run smoothly in the future.
Other than that, it would be helpful if you also focus on the name of your jewelry.
Your jewelry name should be relevant to the services your business offers. This will help you give people clarity about your business.
hyper high
SheWood Jewelers
it's worth feeling
Factory 18 Jewelers
ClothVibe Jewelry
StudioShark
screw-on jewelry
arrange to marry
McPlay
Visit exotic jewelry stores
loving eye
Blue Angel
VelvaMode Jewelers
ClubKiss jewelry
rocking you
Joyas FreshFind
splashberry
near the city
Bent Star Jewels
ForbeFest
felizhoos
sevillian
Tirana's Jewel
flytap jewelry
sheets
negrocurvas
Rosella
Elhifyn
Appleton
roseola
joyachirp
clear mount
Joya RockFlip
Brassabreg
capiello
carvinclara
crevent jewel
DiabloDexName
avent
joyoliss jewelry
Show
blue elastic
Jerbelyn's Jewel
jewelers
FrontalJoya Elite
human love
Joia Enessa
GranBella
crystal jewelry
OzzonMomentos
jewel
Joya Scruttlyn
PocadotMoments
in trance
If you want to think of a few more names, check out the big list ofbusiness name suggestions.
jewelry name ideas
When you plan to open a jewelry store, it must be created with the store. A jewelry store is a kind of fancy store and needs to be attractive to attract customers.
On the other hand, the name of a jewel should also be creative. If you have a creative name for a jewel, you may have more advantages. You can easily attract customers to your jewelry with a creative name.
Thursday Axamin
happy mosso
MasmerMoments
AbleJewel
Estonia
VirginShadows
Joia PrimoPlex
lissalady
joy DianaSense
Cottovibe
Arventt Jewelry
o pozo
MultitudValle
buenobliss
Joia Flyolle
brutishness
curiousKraftName
Joya Prime Zing
Incredible
jewel of hebron
UrbanUP
GoodTrail Jewel
CarpetWish
Ruffona Jewel
updated
first feeling
Jewel Magmaz
creigberry
escotta jewel
Joyas CrystalShine
Artesanato YoungSpire
LovinFest Jewelry
sun and coast
Artesanía WhiteBelle
Joyas Spring Secrets
adornment jewelry
BlissStar Jewelry
hemp costume crafts
May Shower Jewelry
LittleHappy Crafts
lucky arms jewelry
SpringBuddy manuals
Adorns Memories
WishyWind Jewelry
ambely hemp
Ancient Adornment Jewelry
Weird Moments Crafts
Cassa Clerra jewelry
Velvo Angel Jewelry
Crafts of the Eastern Elite
Decorate Urban
viola wing jewelry
zarzaparrilla
blue sand curls
neon leaf jewelry
EagerTrance Crafts
silver arrangement
JavaJoe Jewelry
lucia north
Joias WayQ
Craft Two Dolls
Gala Plum
Breeojade Crafts
I agree
MaioRoxo
Architectural Mission Jewels
Not enough customers? You need a catchy tagline toattract new customers, but I don't know what it should be. Then take a look atcatchy jewelry slogans and slogans.
jewelry company names
When planning to open a jewelry store, it must be created with the store. A jewelry store is a kind of fancy store and needs to be attractive to attract customers.
On the other hand, the name of a jewel should also be creative. If you have a creative name for a jewel, you may have more advantages. You can easily attract customers to your jewelry with a creative name.
endless berries
Jewels of the Rouze Valley
Bella Jewelry
hobby glider
Joyas West Cosmix
SilverImpress
DazzleDengy Jewelry
pierre case
Mere Darlin Jewelry
she eclectic
misty warm
Sunny Sativa Jewels
White JewelryPray
Rua Aerona
HappyTrails manuals
PureCrysta Jewelry
Spire Hues Jewelry
MidlandMessa
Lewis Craft Laws
sunny hugs jewelry
rosangeles
WhiteGeorgia
marlene real
hemp fir
fine jade jewelry
Amella crafts
FirstElite Jewelry
mystical mist
fabuna jewelry
Artesanato EarthyLady
Brown Threaded
secret rhythm
Enchanted House Crafts
Purple Hemp Jewelry
hempalicious
hemp hugs
hemp leaders
Luna and Son Jewelry
my secret closet
nature store
the rhythm of nature
pieces of peace
sativa jewels
Incredible
Cali Girl Customs
dreadlock jewelry
Earth Girl Customs
earthly jewels
eclectic crafts
lit jewels
fantastic hemp
hemp beauty
hemp craft
hemp experts
hemp universe
jewel sun and earth
sunny beach jewelry
sunny boutique
land and sea jewelry
The basement
the hemp club
exclusively yours
wild wood
dream Catcher
all that glitters
bright spirit
shiny pearls
Desert Hemp Jewelry
perpetual hemp jewelry
GreenValley Hemp Jewelry
KickAss Hemp Jewelry
jewelry empire
Special Commitments Jewelers
The Golden Store
holiday jewelry
sea of diamonds
the place of jewelry
the Golden eggs chicken
abundance of gold
luxury fine jewelry
Jewelers of the Holy Grail
golden touch
sun soaked jewelry
Sterling Jewelry Co.
love jewelers
Trinity Jewelers & Co.
traveling jewelers
gold pot
look at me custom jewelry
ice jewelers
the diamond band
ireland gold
magic clasp jewelry
gold mine jewelry
charming jewelry store
Jewelers Ring of Memories
Maria's Touch Jewelry
She said yes! Jewelers
Johnson Jewelers
glitter shop
the velvet box
diamonds
Bigger than gold jewelers
stone appeal
metal spectrum jewelry
light up jewelers
classic jewelry
infinite jewelers
Classic Custom Jewelry
the gallery
Smith Joyeros & Co.
the jewelry gallery
the mirror jewelers
The Gemstone Gallery
jeweler's loupe
luxury gold
Custom jewelry manufacturing
platinum people
spring jewelry boxes
jewel palace
gold bar jewelry
IvyLeague Hemp Jewelry
Lakeside hemp jewelry
Camelot Hemp Jewelry
Horse Chestnut Jewelry
nexus jewel
creekside jew
How to choose a name for the jewelry business?
- When choosing a name for your jewelry business, first look at names of successful companies in the same field to get some relevant ideas.
- Your jewelry store name can be decided based on your business portfolio to provide clarity to the audience.
- Another easy way to choose a name for your jewelry business is to research the types of words that match the vibes of the business you are establishing.
- You can also choose a name for a jewelry store by choosing a name style as this will give you lots of options and also help you to inspire people to the business.
- In addition, the name of your jewelry store can also be chosen through some brands that correspond to the characteristics that your company offers to the public.
Why is the name of the jewelry store important?
- The name of your jewelry store is of utmost importance because this name will ultimately help your business to be identified in the future public.
- You can collaborate with many other companies in the same field as well as different fields if you have a good name for your jewelry business.
- In addition, your jewelry store name will also help you to claim a secure position that will be beneficial for your business in the future.
- Another advantage of having a name for a jewelry store is that it can help people remember your business easily.
- In addition, your jewelry store name will also help your business growth which will help you to earn a lot of profit and success.
How to create a business name for jewelry?
- To come up with a great name for your jewelry business, you need to be creative with names as this will create a unique name for your business.
- Your jewelry store name should be created to make your business attractive to people.
- You can use your ideas to come up with some amazing names for your jewelry business to make an impression on the public.
- Another way to come up with a name for your jewelry business is to use your local area name to make it popular with the public.
- Also, you can create your jewelry store name using famous words and relevant business terms.
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Did you find this article useful
Raul Panchal
Marketing | Brand | Blogging. These three words best describe me. I'm the founder of Burban Branding and Media, a self-taught marketing professional with 10 years of experience. Helping Startups/ Companies/ and Small Businesses to Improve their Businesses through Branding and Marketing. On a mission to help small businesses be a brand.
FAQs
How do you come up with a quirky business name? ›
The best way to come up with quirky business names is by brainstorming words related to your business. It's important to think about what your quirky business is about. Ask yourself, what type of company are you, what kind of products do you sell, where are you located, and who runs the business?
How can I make my jewelry brand unique? ›Devise a unique brand aesthetic
Find a great custom packaging company to partner with, like noissue or Packlane, to help make your packaging stand out. Don't forget about your website! It's also worth hiring a graphic designer to help create a logo and other branding materials for a consistent brand look and feel.
- Determine your products.
- Define your brand.
- Start production.
- Set up a jewelry business studio or workspace.
- Take professional photos of your products.
- Build your online store.
- Market your ecommerce jewelry brand.
- Does it describe what you do?
- Will people understand what your product is about?
- Is it rooted in a value your brand stands for?
- Is it catchy and memorable?
- Does it infringe on another brand's name?
Don't choose a name that is too long or complicated. Remember that your business name needs to be appealing to your customers. It should sound pleasant, familiar and conjure up positive emotions. It also needs to be easy to pronounce and remember.
What are some creative names? ›- Anakin.
- Angel.
- Blaze.
- Brooklyn.
- Cairo.
- Destiny.
- Isla.
- Jagger.
Create Marketing Collateral
Business cards are a great way to introduce yourself and let people know what kind of jewelry you have to offer. Make sure you include your logo and all relevant contact information, as well as a brief description of your product range.
- Look around and let nature inspire you. ...
- Look at other designs for inspiration. ...
- Stay in touch with the latest fashions. ...
- Follow jewelry blogs. ...
- Start sketching. ...
- Look back in time. ...
- Take a break.
Fine jewellery is an incredibly lucrative market, with costs per item being far higher than that of costume/fashion alternatives. While fine jewellery accounts for a greater proportion of sales than all others, it also entails significant start-up costs.
Is selling jewelry a good business? ›Selling jewelry is extremely profitable and the average gross margin for jewelers is 42.6%. Some online jewelry businesses make over a 70% margin because selling online is so inexpensive.
What is a catchy name? ›
If you describe a tune, name, or advertisement as catchy, you mean that it is attractive and easy to remember.
How do you create a unique name? ›- Pick a One Word Name. ...
- Go Wild With Humor. ...
- Make the Name Match. ...
- Reverse the First and Last Name. ...
- Repeat. ...
- Use Your Name. ...
- Use an Anagram Generator. ...
- Add a Prefix or Suffix.
- Kickstart.
- Digital Dive.
- The Growth Co.
- Creative Juice.
- Be Seen.
- Webpreneur.
- Everglow.
- Fearless.
It's vital that the name is distinctive, authentic, memorable, enduring, and defensible, so it resonates with your target audience, sticks in their minds, builds and maintains trust with your consumers, and remains relevant as your company evolves.
What makes a brand name attractive? ›Ideally, you want something that's: Meaningful: It communicates your brand essence, conjures an image, and cultivates a positive emotional connection. Distinctive: It is unique, memorable, and stands out from your competitors. Accessible: People can easily interpret it, say it, spell it, or Google it.
How do I make myself a brand name? ›- Research your target audience and your competitors.
- Pick your focus and personality.
- Choose your business name.
- Write your slogan.
- Choose the look of your brand (colors and font).
- Design your brand logo.
- Apply your branding across your business.
Combine Full Last or First Names
This is the simplest way to combine two business owner names into one company name. Use the last name of each person side by side. Examples include Smith & Wesson or Jones White. Put your two last names together and add punctuation, or the word “and”, or an ampersand.
- Akira.
- Averill.
- Chrisley.
- Dallas.
- Dell.
- Gio.
- Kamala.
- Leith.
- Khaleesi. All credits to George R. R. ...
- Paityn. Paityn is a gender-neutral English name with American spelling—alternatives include Payton and Peyton.
- Quinn. ...
- Fatima. ...
- Serafina. ...
- Emerson. ...
- Petra. ...
- Amalia.
- Annalise. A combination of the name Anna and Lise, this name is simple, pretty, and unique.
- Brigitta. This name is the German, Dutch, and Hungarian form of Bridget, but here, it seems to have a more feminine ring to it.
- Charmaine. ...
- Constance. ...
- Geneviève. ...
- Larisa. ...
- Lorelei. ...
- Lucinda.
How do you name a luxury brand? ›
- The name should be easy to remember.
- Short and simple is best.
- The name must be unique.
- The name has to be easy to pronounce.
- The name should be easy to spell.
Brand names fall into three fundamental categories: descriptive, suggestive, and empty vessel. The three categories are like archetypes.
What are the 5 brand personalities? ›In The Journal of Marketing Research, Jennifer Aaker outlines five dimensions of brand personality: sincerity, excitement, competence, sophistication, and ruggedness.
How can I make my jewelry brand successful? ›- Create an Identifiable Brand. When someone sees your jewelry (whether in person or online), they should be able to immediately identify it as yours. ...
- Know Your Target Market. ...
- Know Your Competition. ...
- Develop Strategic Pricing. ...
- Make a Business Plan.
Your choices are a jewelry store, a pawn shop or a “We Buy Gold” dealer. In most cases all three will offer you “scrap value,” that is, the value of the metal, diamonds and gems. Of the three, you'll usually get the most money from a jeweler.
How do I advertise my jewelry on social media? ›- Share the Inspiration Behind Your Jewelry Designs. ...
- Lean Into ASMR Content. ...
- Make It Shoppable. ...
- Use Instagram Story Highlights. ...
- Create a Rhythm to Your Posts So Customers Keep Coming Back. ...
- Be Ready to Engage in the Comments.
Use social media platforms like Facebook, Instagram and Twitter to target potential customers. Google Ads. Google's advertising platform places ads on websites related to your jewelry. Email marketing.
What is a quote for jewelry? ›“Wearing Beautiful Jewellery Makes Every Moment Great.” “Jewellery make person look beautiful.” “Jewellery Is the Way of Keeping Memories Alive.” “Jewellery Is Must Be Simple but Significant.”
What makes a good jewelry? ›Always Long-Lasting
Cheaper materials or sloppy craftsmanship can shorten the lifespan of a piece of jewellery. To that end, you should only purchase jewellery made from pure metals (gold being the finest), guarantee only high-quality gemstones, avoid wearing plastic, and so on.
A jewellery store (American English: jewelry store) is a retail business establishment, that specializes in selling (and also buying) jewellery and watches. Jewellery stores provide many services such as repairs, remodeling, restoring, designing and manufacturing pieces.
How is jewelry self expression? ›
Jewelry is a beautiful form of self-expression; you can express your style and taste by wearing your favorite jewelry items and you can express your love and emotion by gifting the jewelry items such as wedding or engagement rings.
What is an adjective to describe jewelry? ›durable. easy-to-maintain. eco-friendly. edgy. elegant.
What type of jewelry sells best? ›When considering the whole population, necklaces are the top-selling jewelry category. 87% of women say they wear earrings regularly, while 64% wear a necklace, and 47% a bracelet daily.
Do jewelers make a lot of money? ›A Jeweler can get an average wage on a scale from $26,050 - $77,330 depending on tenure and industry expertise. will normally receive an average salary of fourty-eight thousand and fifty dollars yearly.
How much money do I need to start a jewelry business? ›Retail Jewelry Store Startup Costs – Brick and Mortar
The total cost to open a retail jewelry store is $9,200 – $29,000 which includes set-up costs of business registration, rent deposit, building renovations, display cases, logo design, advertising, and inventory purchasing.
The global jewelry market size was valued at USD 340.69 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. Increasing disposable income and innovative jewelry designs offered by manufacturers are expected to drive product demand.
How do I write a jewelry business plan? ›- An executive summary. This is simply an introduction to your online jewellery business plan. ...
- A company overview. ...
- Key information about the jewellery you'll sell. ...
- A marketing plan. ...
- Some company milestones. ...
- Map out your team's responsibilities. ...
- Include a financial plan.
The salaries of Jewelry Salespeople in the US range from $17,360 to $40,200 , with a median salary of $21,780 . The middle 60% of Jewelry Salespeople makes $21,780, with the top 80% making $40,200.
Who is the goddess of jewellery? ›Ea, who is also called Enki and Nudimud, is the inheritor of the Apsu, is the deity of 'sweet waters' (fresh waters), the supporter of culture, wisdom, craft-men, goldsmiths (jewellers), masonries (sculptors), carpenters and the originator of knowledge.
How do I brand my jewelry business? ›- Define Your Brand Identity and Aesthetic. Begin by establishing your brand's identity, mission, and purpose. ...
- Choose Your Brand Name. ...
- Determine your brand values and mission. ...
- Develop a unique selling proposition. ...
- Create a visual identity (logo, packaging, etc.)
Who is the god of diamonds? ›
Diamonds in Greek mythology
Adamas, and it's brother adamant, are used throughout mythology to further the connection to diamonds.
Chrysus (Greek: Χρυσός; Khrysos; meaning "gold") in Greek mythology is a minor god and the personification of gold.
Who is the god of chains? ›| Hephaestus | |
|---|---|
| Parents | Zeus and Hera, or Hera alone |
| Siblings | Aeacus, Angelos, Aphrodite, Apollo, Ares, Artemis, Athena, Dionysus, Eileithyia, Enyo, Eris, Ersa, Hebe, Helen of Troy, Heracles, Hermes, Minos, Pandia, Persephone, Perseus, Rhadamanthus, the Graces, the Horae, the Litae, the Muses, the Moirai |
- “Finger-Lickin' Good”
- “I'm Lovin' It”
- “Imagination at Work”
- “They're GRRR-EAT”
- “Think Different”
- “Just Do It”
- “Diamonds Are Forever”
- - Play on a popular phrase (Adidas: Impossible is nothing)
- - Keep it short and punchy (Apple: Think different)
- - Use onomatopoeia (Mazda: Zoom Zoom)
- - Include your brand's name (Dunkin' Donuts: America runs on Dunkin')
- - Aim to inspire (L'Oreal: Because you're worth it)
Is a Jewelry Business Profitable? Yes, a store where you sell your jewelry can be profitable. In fact, the average gross margin for jewelers in the global jewelry market is about 42.6%. That means for every $100 worth of product sold, the jeweler makes approximately $42.60 in profit.