8 Easy Jewelry to Make and Sell In 2024
Did you know, Etsy’s top store moves over 61,000 items every month? What are they selling? Personalized jewelry. The demand is high and so are the profits in this category.
The jewelry market still has plenty of room, and if you’re a crafter looking to get involved, now is the perfect time. The customization is not difficult when you have a smart laser engraver by your side. Even as a beginner, you can start creating unique pieces that stand out.
This article expands on this business opportunity, highlighting eight DIY jewelry items you can customize and sell for profit on Etsy. We also share a store to source the base materials and discuss the profitability of each item.
In This Article
- Easy-To-Make Personalized Jewelry That Sells
- Why Laser Engravers Are Perfect for Jewelry Making
- Tips for Making Jewelry to Sell
- Conclusion
Easy-To-Make Personalized Jewelry That Sells
Jewelry is a favorite craft for many artisans. People enjoy using household materials to personalize jewelry. This approach, while thorough, takes more time.
If you’re aiming to make and sell jewelry, try a simpler route that supports you while expanding your business. Start with plain metal jewelry items and customize them using a laser engraver. This method is straightforward, even for beginners, and allows you to create multiple items quickly to start generating profits.
Now, we will outline 8 jewelry items that sell well on Etsy. All the raw items for these projects can be sourced from the xTool material store at high-quality and affordable prices.
1. Custom Name Necklaces
Avg. Etsy Price: $14
Per unit cost at xTool: $4.33
Customized necklaces are getting popular as people are more concerned about buying something unique and personalized. With laser engraving, these necklaces can feature names, meaningful dates, or special symbols.
The primary audience for these necklaces is young adults and those in the dating scene who want to offer a personalized token of affection. Moreover, they also appeal to parents who may purchase these necklaces to celebrate significant milestones in their loved ones' lives.
In terms of profitability, custom name necklaces sell for an average price of $14 on Etsy. While the cost of a plain heart and bar necklace from the xTool store is about $4.33 per piece. The profit margin is close to 70%.
2. Bar Necklaces
Avg. Etsy Price: $25
Per unit cost at xTool: $2.33
Bar necklaces feature a sleek design, ideal for those who want a subtle yet stylish piece of jewelry. The elongated bar shape provides ample space for engraving – you can engrave names, dates, or even short messages on all four sides.
They can be personalized and gifted to loved ones on special occasions. Because of their versatile use case, you can expect steady sales across all seasons.
The source product, the stainless steel bar necklace, is available at xTool material for $2.3 per piece. After engraving, it can be sold be over $30. So, it’s quite a profitable jewelry item to sell.
3. Vintage Birth Month Flower Necklaces
Avg. Etsy Price: $15
Per unit cost at xTool: $1.5
Vintage Birth Month flower necklaces cater to those who appreciate a blend of classic aesthetics and personal symbolism. The necklace can feature a specific flower that corresponds to the wearer's birth month. Other enhancements like birth date or zodiac sign can also be engraved to further personalize the piece. They can serve as a thoughtful and unique gift.
The financial numbers are strong too. You can get an embossed square pendant and a stainless gold chain as low as $1.5 from the xTool store and easily sell for $15 after customization – that’s 10 times your cost price.
Jewelry Making Made Easy with xTool Laser Machines
4. Locket Necklaces
Avg. Etsy Price: $30
Per unit cost at xTool: $7.5
Locket necklaces hold enduring appeal for those wishing to keep sentimental items close to their hearts. The book-shaped design adds a literary twist that appeals to avid readers. These lockets can encase photos or tiny keepsakes, making them cherished gifts.
You can buy a pack of 3 book locket necklaces from our materials store for just $22.49. Each necklace can individually be sold for over $30 on Etsy. The profit margin is over 70%.
5. Engraved Pet Portrait Necklaces
Avg. Etsy Price: $15
Per unit cost at xTool: $1.7
Most pet owners love showcasing their affection for their pets, and engraved pet portrait necklaces meet this need perfectly. These metallic necklaces can be personalized with pet portraits or names – so it can used for everyday wear or memorial jewelry. The emotional bond between pet owners and pets drives the demand for these personalized items.
Again, the xTool store has multi-color plain pendants, which can serve well for making this item. The necklace costs less than $2 to make and can be sold for $15 on Etsy.
6. Custom Bracelets with Charms
Avg. Etsy Price: $25
Per unit cost at xTool: $9
Many people value symbols like charms for luck or personal meaning. Custom bracelets with charms allow wearers to tailor their jewelry with specific symbols that reflect interests or life events. These bracelets are popular for occasions like birthdays or as personal gifts.
A similar stainless steel bracelet set is also available at xTool for $8.99. You can offer customizations and sell it easily for over $25.
7. Personalized Bar Bracelets
Avg. Etsy Price: $15
Per unit cost at xTool: $5
Personalized bar bracelets have their appeal due to their sleek and modern design. They feature a small bar that can be engraved with names, dates, or special messages – an ideal everyday wear item.
Since they are simple, elegant and affordable, they appeal to a larger segment of the audience. You can source them economically from the xTool store. A pack of 6 gold bar bracelets is available for just $30.
8. Custom Signet Rings
Avg. Etsy Price: $20
Per unit cost at xTool: $4.5
Rings are a classic way to express style and identity, and custom signet rings take this tradition to a new level. Originally these rings were used to imprint family crests and signatures in wax. But now signet rings are fashionable accessories, casually worn by both men and women.
Customers value the customization aspect, such as engraving initials, symbols, or special dates, and are willing to pay a premium for these unique features.
You can get an adjustable signet ring from xTool for $4.5, and it’s average selling on Etsy store is over $20.
Jewelry Making Made Easy with xTool Laser Machines
Why Laser Engravers Are Perfect for Jewelry Making
Engraving metals with hand tools is challenging, but laser engravers simplify this with their precision, versatility, and cost-effectiveness.
Speed and Precision
Laser engravers are much faster than hand tools, even powered ones like Dremel. The engraving speed of most xTool laser engravers ranges from 400 to 600mm/s, while our fiber lasers can reach speeds up to 10,000 mm/s. Not only are they quick, but they also offer high precision, which is required for complex miniature designs.
Versatility of Materials
Laser engravers are not limited to metals; they are versatile enough to work with hundreds of materials including wood, acrylic, leather, and fabric. This makes them ideal for creating diverse types of handmade jewelry.
Ability to Create Intricate and Detailed Designs
Laser engraving allows for more than simple text; it enables the creation of detailed, complex designs. Intricate patterns and even realistic grayscale photographs can be etched.
Jewelry Making Made Easy with xTool Laser Machines
Durability of Engraved Designs
Engraving is done by removing a material layer from the surface – so engravings are permanent. They won’t fade away with time like painted designs.
High Profit Potential
Engraving lets you create customized products, which can be sold at significantly higher prices compared to plain, ordinary items readily available on the market.
To understand the potential earnings from selling a jewelry item, let’s do a cost breakdown with xTool F1 as the jewelry engraver.
Cost Type | Amount |
---|---|
Machine Cost (deluxe bundle) | $2,249 |
Hourly Machine Cost (3-year lifespan) | $0.37 |
Labor Cost per Item | $0.40 |
Average Material Cost | $5 - $8 |
Total Making Cost | $6 – 10 |
Selling Price (Etsy) | $20 - 25 |
Profit Margin | > 50% |
The deluxe bundle of the xTool F1 costs $2249 and includes all accessories needed for jewelry making, such as the rotary attachment and slide extension kit.
Machine Cost Per Hour: With an estimated lifespan of 3 years and assuming 250 working days per year at 8 working hours per day, the estimated cost per hour of machine use is $0.37.
Labor Cost: Assuming the labor cost is $40 per hour and one can complete engraving 100 pieces per hour, the labor cost per item is $0.4.
Material Cost: Assuming each base item costs between $5 and 8$, the average cost of making items falls between $6 and $10. On platforms like Etsy, personalized items can easily sell for over $20, providing a profit margin of over 50% per item. So, even if you sell a couple of items a day, the machine returns its investment in a few months.
Tips for Making Jewelry to Sell
Planning to start a jewelry business? Remember these essential tips:
Start with Simple Designs
Focus on creating designs that are easy to make and visually appealing. Simplicity ensures that your products are accessible to a broad audience. Plus, it reduces the complexity of manufacturing.
Choose a Basic Material
Managing inventory and costs becomes challenging if you experiment with multiple materials early on. So, begin with a simple material like stainless steel. Gradually introduce new varieties as your business stabilizes and grows.
Diversify Your Sales Channels
While Etsy is a major platform for handmade goods, don't rely solely on one marketplace. Expand your presence to physical locations such as craft fairs and flea markets.
Leverage Digital Media
Digital media is a powerful tool for attracting buyers. Engage with community groups, show your products online, and encourage customers to leave genuine reviews. Sharing behind-the-scenes content of the making process can also engage potential buyers.
Stay Current with Trends
Keep your product line fresh by regularly updating designs to reflect new trends. This will help attract new customers and keep your offerings relevant.
Conclusion
Making and selling jewelry is indeed a profitable venture. The journey gets simplified when you have access to the right tools and a dependable source of raw materials.
At xTool, we provide all the essential crafting tools and materials you need to start creating jewelry. The next step is yours to take. Are you ready to begin your journey in jewelry making?