11 Most Profitable Retail Businesses You Can Start

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2. Jewelry and Fashion Accessories Store

Score: 6 points;

The Sageworks research has shown that the jewelry, luggage, and leather goods are the most profitable retail items. If you decide to open a discount jewelry store, add fashion accessories to your offer and target very specific types of consumers. You can optimize your offer either for the wealthier consumers who usually purchase branded fashion accessories and jewelry made out of precious metals or for the young and rebellious crowd that is looking for affordable fashion accessories and overstated imitation jewelry pieces.

11 Most Profitable Retail Businesses You Can Start

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