I'm planning my next series of hubs and I was looking at jewellery for Amazon capsules and you can basically get anything up to like $10,000 and probably more.
I was just wondering if there is any point trying to sell something like a $10,000 piece of jewellery on a hub, or even $1000. I mean, if you were going to spend that much on jewellery wouldn't you go into a store to buy it?
If memory serves me correctly, a hubber sold a piece of jewelry last holiday season in the $1,500 to $2,000 range through Amazon.
I don't think anyone would spend $10k on an online jewelry purchase, but you will probably get the curious looky-loos that may be shopping for something less expensive. After you dazzle them with the $10k piece, maybe you could push some pieces that look similar in different price ranges.
Maybe I'll just put one in at $10k and have a range decreasing; Have a couple around $1000 and then more around $200-500.
I didn't think of people that might be clicking through to buy something cheaper, that's a good point.
I'm getting so distracted looking at beautiful jewellery ... these hubs are gonig to take a while.
ok,if it was me i would set up an ascending order from lest to highest to make it look very reasonable for all types of buyers
Seriously, who would buy a $900,000 diamond off the internet?
The other thing you may want to take into consideration is Amazon's referral fee structre. If you are using Performance you may be subject to caps on how much you can earn from a single purchase - I know that it is that way for certain expensive tech items.
You will have to look at the TOS to see if it affects jewelry too or not. I would check for you, but I'm too lazy.
I believe someone told me to keep all Amazon products in the range of 5-250$
I know someone who made a lot of money from jewellery, but they used a different affiliate scheme.
The Amazon cookie is no good in this niche, but there must be dozens of companies in other more generous affiliate schemes.
Someone bought diamond ring off one of my hubs last month that cost them about a couple of thousand dollars, so big sales are possible. There are some good prices and mark downs for jewelry on Amazon, and buyers can make some good savings.
Like everything - if you don't try it out, you will never know!
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