How To Start A Jewelry Business | She Makes $472k/year
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- čas přidán 31. 05. 2024
- She used $800 to build a $472k/year custom jewelry business. In this episode, Maya Portorreal is sharing all the details of how she built Kitten Co Jewelry. From finding her manufacturer to growing fast with influencers and facebook ADs, she's sharing it all!
The Facebook ADs course Maya and I took:
Learn more about it on Abu's webinar: bit.ly/LearnAboutPYL
Purchase Abu's ADs course: bit.ly/JoinADsCourse
*Please note, that the above links are affiliate links! if you purchase anything through the links, I may receive a small commission but there is no additional charge to you!
Full audio episode and show notes: bit.ly/Ep170_MayaPortorreal
▬ In this video ▬▬▬▬▬▬▬▬▬▬
0:00 - episode preview
0:30 - intro
1:30 - About Kitten Co Jewelry
1:53 - How she went from making $500 to $472k
3:01 - Why Maya went into jewelry making
5:50 - Figuring out who your customer is
7:52 - How much money did it take to get started
9:09 - Going from local wholesalers to manufacturers in Asia
10:11 - How to find and research manufacturers
15:06 - Using the Alibaba platform
18:03 - Protecting your manufacturer info
22:17 - How to price and margins in the jewelry industry
24:57 - Managing inventory
31:39 - Using Facebook ADs and Influencers to grow faster
40:35 - Building a team
42:53 - What's next for Kitten Co Jewelry
44:10 - Where can you find Kitten Co Jewelry and connect with Maya
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wow this is so informative! I"m going to start my own product journey and really find this helpful. Thank you and thank you Maya
So glad you found it helpful Cetriya!
You never need to share your manufacture. I hate when people feel entitled to know everything for free when it takes effort and work. You choose who you want to share with. A real hustler will take what info they can get from someone who’s done it and figure out the rest on their own. Or by trial and error. 👏🏽👏🏽 proud of you!
Absolutely. One thing though I’ve always just genuinely wondered about it is that they’re just never original designs to start off with lol. Like oh someone is going to steal my design with a butterfly and zirconia crystals that’s been done 1000 times before? Or a ring with a heart crystal. Also been done before like a tennis bracelet. People swear they come up with some original ass design. Nothing ever really is original. Just parts thrown together from Chinese wholesale.
Ugh..
@@user-if3jr3ly8pthe thing is someone gives you their supplier and you give it to 3 other people now that design ends up doing well for all your sites and the minute I want to increase my supply it’s out of stock… why would someone subject themselves to that all in the spirit of being nice? If they’re willing part with it doesn’t hurt to ask but no one’s entitled to something a consultant would charge $100 to tell you at the very least
Then what the f$&ck are you doing here , trying to get free info right , so nigga don’t try to sound so honest .
I agree with this. To tell who your manufacturer is is basically handing someone your business to take from you. It’s just a huge no-no to expect someone to share that type of information when you’re trying to get into business.
I love how genuine she is I’m not a jewelry person but I’m getting something from her store to celebrate my birthday 🥳
It’s gonna be my turn to be interviewed in a year from now for starting a successful jewelry line. I claim it 🙏🏾♥️
I claim it to one step at a time it shall be❤
She dropped them gems!!! Serwaa asked the right questions… nice!! Smart business women
This podcast is heaven sent! Was up all night contemplating on starting my own jewelry business and the first video that pops up is this one! I will definitely shout you out when I get my store up and running
God bless you sisters
I always wanted a video of her on her jewelry business she’s so inspirational and transparent.
Congratulations Maya! I also own an online jewellery store and it's great to learn from someone who is at the next level 💙
This is amazing, I’ve been studying how to start my own jewelry business and the more i learn about it, i find out how much more i don’t know, and this was so inspirational and i love that she’s so transparent and willing to help people learn. Thank you for this content ❤️ much love to everyone who’s going through the same process of figuring things out and much love and success to her for being a motivation for all of us
Same here, I'm literally starting all over again
How's your jewelry business going?
@@2poor4therapy51 I gave up on the jewelry business. I ordered samples from Alibaba and then I kind of realized that I am not 100% passionate about it. I had to realize what I love and then eventually start a business out of it. Currently, I'm posting about working out, health and fitness. But I honestly think it takes so much time for someone to figure out what they're good at and turn that into their niche, I feel like I'm still figuring out mine. And it's all trial and error.
@@helenko_ekete Thank you for the honest answer! I'm not passionate about buying cheap jewelry and reselling it expensive either.. I'd like to do something on my own, like my own design and actually use expensive materials for the jewelry, like real gold and silver. That's way more difficult to start though so I'm still looking into it. Where are you posting about health & fitness? I'll follow you ;)
Thanks for this episode 😘
Great video thanks!!!
This is amazing!
She’s such an inspiration ♥️
Mya is doing everything I want to do for sure. Can’t wait to get some of her jewelry.
Thanks for sharing this info. I have learned a lot.
Amazing content with so many good gems as soon as we started. Thank you both I appreciate it!
I just found out about Maya, her jewelry is so pretty. And good questions! Thank you!💕
The funny things is I’m watching this from a coffee shop in Paris🤣 I’m from Romania and I’m visiting my friend here, but anyways I love this podcast!!!!! Thank u both for everything you guys are amazing!
Just found this video. It was very informative, and I learned a couple of new strategies. Thank you so much! ☺️
loved this interview! I saw Maya on another video and YT sent me this one to view. Lots more info and I have to say I really enjoyed your style of interviewing. Just subscribed. You asked her every question that came to my mind and allowed her to speak until she got all her thoughts out. Very refreshing!!
Your so inspiring 🙏💕💕
I can relate to jewelry sensitivity and it is the motivator for me to want to sell good pieces that won't make me itch or my ears raw. I wore silver as a teen and had an easy time finding silver jewelry stores. That's no longer the case.
Thanks so much for this, I’m just back from Brazil and bought loads of crystal jewellery ( I’m already an designer and trying a side hustle) and was trying to understand how I could start an online business. 🙏🥰
I just decided to sell jewelry, and needed this information. Thought about it before but had no idea where to actually start.
Thank you for this, I enjoyed watching
You are so welcome!
i love jewelry and also thinking about start business.
I learned with a previous online business that you can have the greatest jewelry and website but if no one knows about it then it’s a moot point. That’s why I’m curious to know more about how she drove traffic with the Facebook ads.
Hi Dan! Here's some info on the Facebook ADs course Maya and I took. I hope it helps!
* Learn more about it on Abu's webinar: bit.ly/LearnAboutPYL
* Purchase Abu's ADs course: bit.ly/JoinADsCourse
This is dripping with sauce... Thank you ladies!
Thank you!
Hello! Loved this video and info! Thank you! Tell Maya to hire a college grad that specializes in public relations and web content - that should help her with her advertising and keeping abreast of new technical advances that can support her brand!
Hi, new subscriber here 🙋🏻♀️
I just want to thank you both of you beautiful ladies x sharing this very helpful and informative video of how to create a business - business woman journey; also congratulated her because it's a long&hard work, keep it up girl!!
👏🏼👏🏼👌🏼👍🏼
Thank you so much for your kind words!
Thank you both for this episode and your transparency 🙏🏾🙏🏾🙏🏾
I'm in the process of getting my online retail store created. The last 9 years I've been planning to start up my own jewelry business. Instead of just starting I wanted to be GIA diamond grading certified. I've finally achieved being certified and trying to get things going. How do you go about creating policies for your online business especially when it comes to jewelry.i want to make sure my customers receive their products that they've purchased. My specialty or niche is diamond jewelry now that I'm GIA diamond grade certified. you have like a template for a guideline I could purchase from you just to get an idea. I'm writing down notes now as I'm looking at this video.
Thank you Maya. This video was inspiring, and informative. You are a super success for us brown girls. I am also interested in jewelry. I’m at buying same stage and have a lot to learn Can you recommend a good app to help with keeping inventory information?thank
you I am now following you ❤
I know this is off the subject but smart and beautiful gets me every time
I thought the whole thing about FDA was selling products that have a proven track record and a brand name? Does that mean you have to do a whole new listing with your brand on amz?
Thank you so much for all the awesome. Do you have any other video on the legality of reselling jewelry on Shopify, like do I need any reselling license or certificate. I also found a piece of jewelry I would like to start with, and would like to know if I can also start without doing an LLC. If that can come down the road. Thanks
I have to stay you are my greatest influence to me , I will keep designing costume its my passion
That is awesome! Keep going Yvonne.
We just opened our own jewelry store!
What's her website, because I'm allergic non-silver and gold jewellery! 😟
Hi,
I have a question. How do you start a private label packaging if you drop shipping as a total beginner, without a MOQ?
It was so interesting! Thanks for sharing everything with us! Though I have to add something about margins: you talked about 70% to 110%. That's probably true when you buy it from manufacturers. But when you sell handcrafted jewelry (really made from scratch, from the rough material), the margin is much lower. Because the time you spend making the jewelry already makes the price higher, so you just reduce your margins not to be too expensive. Jewelers/silversmiths usually have a 50% margin. It can goes up to 70% if they have a brand reputation or if they managed to reduce the making time, but it doesn't happen often. That's it! Just wanted to add that little information! (that doesn't invalidate your informations, just complete it)
How do you find good local vendors?
Hey Maya, so are your manufacturers creating the jewelry you designed?
Gorgeous! I am not a fan of bling, but even the most blingy-bling she has is gorgeous.
How do you find influences ? The right ones that haven’t purchased followers ?
Hi Kristie. Thanks for asking this question. I recently created a video that should answer your question. czcams.com/video/XEHJTZgVdYY/video.html
Alibaba only give the complete feature for Chinese company I beliewe. We are manufacturer from Bali for example, can not use some feature there like trade assurance. So no way we can compete with them eventhough we already been 4 years using Alibaba.
This interview was amazing! Great questions to help guide those of us delving into such an otherwise overwhelming process. The responses were honest straight forward and incredibly helpful. Through this interview you both have helped more people than you know. Wishing Maya and Serwaa many blessings and ever increasing success!
Thank you Stephanie! I’m glad you found this helpful.
Hey, I have a product based business and I'm thinking of taking Abu's course but I'm getting very low and sporadic traffic (and very few sales). Would I be wasting my money if I took his course? OR should I wait until I am getting somewhat consistent revenue that I can scale up from?
IMO adding ADs to your marketing efforts helps to increase consistent traffic and gives you more chances to get in front of your customers and to make the sale. It was worth it for me and Maya (the guest on this episode).
@@ShesOffScript wasn't expecting such a quick response! Thank you!!!😊😊😊
@@girlinthecity2304 You’re welcome! I try my best to stay on top of the comments.
What facebook ads class did you guys take if you don't mind me asking?
Hi Kennedie. Here's some info on the Facebook ADs course Maya and I took. I hope it helps!
* Learn more about it on Abu's webinar: bit.ly/LearnAboutPYL
* Purchase Abu's ADs course: bit.ly/JoinADsCourse
💪🏾
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The Chinese will knock of any good idea, patented or not, and undercut you selling it themselves online....I have experienced it over and over.
6:04 why people buy ,expressive, fun, skin issue,
To be called CEO the business also needs a CFO, CMO, COO, a board, etc.
Don’t change the name. Kitten co is sexy and guys will wear it proudly. Promise!
sis fine ashl
wager 222k
A 110% profit margin... that doesn't even make any sense at all!
So much value in this video! Thank you for sharing this gem 🫶
You’re welcome Kyle! I’m glad you found it helpful.
Vunani_jewelry ❤
Both ladies were awesome. This was engaging and informative from start to finish! Many gems dropped by Maya and Serwaa did well navigating to ensure we received the most valuable information. 🤩👌🏾🫶🏾💕