Preview

Global Online Jewelry Market–Focus on the U.S., China and India: (2013-2018) - Daedal Research

Powerful Essays
Open Document
Open Document
1317 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Global Online Jewelry Market–Focus on the U.S., China and India: (2013-2018) - Daedal Research
View Report Details
Global Online Jewelry Market–Focus on the U.S.,
China and India: Opportunities and Trends (20132018)

View Report Details
Scope of the Report

The report titled “Global Online Jewelry Market–Focus on the U.S., China and India:
Opportunities and Trends (2013-2018)” provides an in-depth analysis of the major jewelry markets like the U.S., China and India. It also accesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2013-18). Further, key players of the online jewelry industry like Blue Nile Inc., Tiffany & Co., Signet Jewelers Limited, Zale Corporation, Jewelry Television,
Ross-Simons and Bidz.com are profiled.
Geographical Coverage


The U.S.



China



India

Company Coverage


Blue Nile Inc.



Tiffany & Co.



Signet Jewelers Limited







Zale Corporation

Jewelry Television
Ross-Simons
Bidz.com
Executive Summary

The jewelry industry is global in nature due to geographic dispersion of its value-chain. Mining of gems and precious metals primarily takes place in Africa, Canada, Australia and Russia; polishing and jewelry manufacturing in developing economies like India, China and Turkey;

retailing in the developed markets of the U.S., European Union, Japan and emerging nations like India and China. Online retailing or e-tailing of jewelry does away with geographic boundaries with availability of jewelry at just a click away. Online jewelry shopping is catching up fast and is performing better than its brick and mortar counterpart.

The growth of online jewelry is driven by increasing internet penetration rates around the world, growth in high net worth individuals’ population and availability of lower online jewelry prices.
However, factors such as lack of touch and feel before buying jewelry online, security risk and e-commerce sales tax are
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Ready to Eat Cereal Industry
    • 2352 Words
    • 7 Pages

    Ready to Eat Cereal Industry

    Since the beginning this market showed an interesting and steadily annual volume growth rate of 3% between 1950 and 1993, and it made this market extremely profitable. But after experiencing decades of continue growth, the demand is slowing its growth; industry sales growth had slowed to under 2%, and it is threatened to the biggest companies.…

    • 2352 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    blue nile case analysis
    • 921 Words
    • 4 Pages

    blue nile case analysis

    -Online diamond retail can be very profitable and attractive venture. Blue Nile has recorded strong growth with very little cost…

    • 921 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Business Research - Rwt-1
    • 3333 Words
    • 14 Pages

    Business Research - Rwt-1

    ABC Corporation is a retail establishment that has attained a stronghold in the United States through brick and mortar stores. Desiring to increase revenue and broaden its customer base, ABC is currently entertaining the idea of entering the online sales arena. Allison Enright, (2012) Editor of Internetretailer.com, states that,” U.S. e-commerce sales accounted 5.1% of total retail spending, according to an estimate released last month by the U.S. Department of Commerce. It is the first time that e-commerce as a percentage of total retail spending has topped 5%.” These figures suggest ABC’s desire to break into online markets is both timely and fiscally sound.…

    • 3333 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Project Deliverable 1: SWOT Analysis Paper
    • 1613 Words
    • 7 Pages

    Project Deliverable 1: SWOT Analysis Paper

    A market trend can be defined as a tendency of financial markets to move in a particular direction over time. These trends can be classified as secular for long time frames, primary for medium time frames, and secondary for the short time frames. If we take a look at the market trends for the non-alcoholic beverage industry we know that the major trends within this industry are natural product increments, growth of drinks in emerging markets, flavor-fullness in ingredients, mixture of diverse nutrients, and foraged ingredients. There are major trends within the non-alcoholic beverage industry and they can be listed as natural product increment,…

    • 1613 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Marketing Plan Template
    • 269 Words
    • 2 Pages

    Marketing Plan Template

    Demand and demand trends 3 2. Social and cultural factors 3 3. Demographics 3 4. Economic and business conditions 3 5. State of technology for this class of product 3 6.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Unit 3 P5: Trends And Factors
    • 1730 Words
    • 7 Pages

    Unit 3 P5: Trends And Factors

    The first trend I am going to explore is the greater flexibility of booking products. This has become possible due to alterations in the traditional chain of distribution. This relates to the trend of using the internet to book holidays as it is a lot through this in which people can book their products. The reason for this that the services such as the principals have their own websites, this makes it simpler and easier for the customers to reach them directly and book their holidays this way.…

    • 1730 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Better Essays

    Hallstead Jewelers
    • 1736 Words
    • 7 Pages

    Hallstead Jewelers

    Within the year that it took to complete the renovations the industry started showing major changes toward internet based jewelry sales. Tiffany & Company, a business with an origin much like Hallstead Jewelers, grew to become the number one seller of diamonds in the United States. At the same time, a start-up internet seller, Blue Nile, became the second largest diamond seller in the U.S. While Hallstead’s was growing their fixed costs by doubling their rent payments, Tiffany and Blue Nile were increasing their revenue with “virtual” storefronts allowing them to increase sales with very little increase in expense.…

    • 1736 Words
    • 7 Pages
    Better Essays
    Read More
  • Better Essays

    Market Model Patterns of Change
    • 1402 Words
    • 6 Pages

    Market Model Patterns of Change

    1. Describe the industry and explain the general pattern of change of the particular market model…

    • 1402 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Asos Driving Forces
    • 1793 Words
    • 8 Pages

    Asos Driving Forces

    Online shopping has become very common, with more than 60% of consumers have ordered items online in the past year (Mintel, 2013a). Furthermore, online sales of clothing will increase by 14.5% to reach £10.7 billion in 2014 and online and mobile sales are expected to grow by 7-12% annually between 2012 and 2017, reaching $361.9 billion in 2017 (Mintel, 2014a). All these robust growth figures show that consumers become more accustomed to shopping online. ASOS, one of the strongest performers among online fashion retailers has an industry high standard with £975.5m sale grows in the year to 31 August 2014, and final quarter total revenues grew 16% (IMRG,…

    • 1793 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Better Essays

    Online vs. Brick-and-Mortar Shopping
    • 1705 Words
    • 7 Pages

    Online vs. Brick-and-Mortar Shopping

    When thinking about going Christmas shopping or Back-to-School shopping, what is the first comes to mind? Crowded stores, sales, specials, and the traffic? What about the time spent going from store to store, to see what you are buying, to touch and try on, see the “true” color and know what you are buying firsthand? These things plus the ease of pulling out your wallet and either handing cash, a credit card or a check to the sales clerk that people both dread and look forward to when going on shopping trips. People like the personal touch that comes from going to a brick-and-mortar store, dealing with the salesperson, the cashiers and if necessary the management of the stores. “There are still many products and services—food, apparel, home decoration, and so forth—with significant "nondigital" attributes that some shoppers believe need sensory inspection (touch, feel, taste, smell), making them relatively difficult to sell online. Creative online sellers can overcome these impediments in part, but not entirely, and certainly not for all segments of shoppers. "Try before you buy" still holds.” (David Bell, Wharton School, University of Pennsylvania 2011) They like the personal interaction involved in the shopping trip. This has been the way of shopping for as long as there have been stores and people needing to purchase things from stores.…

    • 1705 Words
    • 7 Pages
    Better Essays
    Read More
  • Best Essays

    The Feasibility of Opening the Sparkle Jewelry Retail Store in Hong Kong
    • 1683 Words
    • 7 Pages

    The Feasibility of Opening the Sparkle Jewelry Retail Store in Hong Kong

    As a kind of luxury good, demand and price for jewellery are very sensitive and would fluctuate as economic condition changes. Since the financial crisis in the end of 2008, United States and Euro Zone have been trapped in serious recession; as a result, their demand for jewellery dropped dramatically, while originally the two economies consumed an unchallengeable majority of global jewellery. On the other hand, demand from developing countries like China, India, Malaysia, Thailand, etc. increases quickly, having strong potential to replace the dominative status of US and EU.…

    • 1683 Words
    • 7 Pages
    Best Essays
    Read More
  • Good Essays

    BACKGROUND OF ONLINE SHOPPING
    • 442 Words
    • 2 Pages

    BACKGROUND OF ONLINE SHOPPING

    The Internet has been developing for three decades eventually during the mid-nineties, the commercial use of the internet triggered high expectations in both executives and investors. (Brache and Webb, 2000; White, 2000; Senn, 2000) Online shopping is broadly defined as an activity that includes finding online retailers and products, searching for product information, selecting payment options and communicating with other consumers and retailer as well as purchasing products or services. Therefore, online shopping is one of the most important online activities. It has also made significant contributions to the economy. (Cai,Y. and Cube, B.J. 2008) according to Verdict (2007), In 2006 online spending grew by 33.4% to £10.9bn and it predicts that in the UK online spending will reach £28.0bn in 2011.Even in the time of recession, for instance, in the UK, online shopping volumes are continuing with double-digit growth (IMRG,2008), whereas the performance of traditional shopping is unsatisfactory. It has a wide…

    • 442 Words
    • 2 Pages
    Good Essays
    Read More
  • Best Essays

    Strategy Management Hk Jewellery Industry
    • 2298 Words
    • 10 Pages

    Strategy Management Hk Jewellery Industry

    The jewellery industry is one of the major industries in Hong Kong; it has been well developed since 1950s. Having decades of designing experience, being innovative and fashionable, with excellent quality control and guarantee, makes Hong Kong a well known jewellery business centre. Many consumers, especially…

    • 2298 Words
    • 10 Pages
    Best Essays
    Read More
  • Good Essays

    Case Study Of Meena Jewellery
    • 863 Words
    • 4 Pages

    Case Study Of Meena Jewellery

    The core business of M/s. Meena Jewellery Exclusive Pvt. Ltd. is Jewellery.Promoters of the said unit have the expertise in the jewellery section and they want to expand their business in jewellery section only, by focusing on the same. Moreover, they aren’t experts in retail…

    • 863 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Distribution Strategies: Habib Jewels
    • 460 Words
    • 2 Pages

    Distribution Strategies: Habib Jewels

    In order to get the products to the costomer, Habib Jewels Sdn Bhd has acted as a wholesaler. The owner in the first place started out buying jewelry by wholesale or auction of the pawnshop after the expiration of the lease. Habib Jewels Sdn Bhd has now became one of the largest diamond purchasers in Malaysia covering clients not only from our own country but also from Indonesia, Brunei, Singapore, United States and also Europe. Other than that, the company also manufacture its own gems and diamond. Personally going to Mumbai, Belgium, and U.S.A to obtain supply which then designed and manufactured by their pool of local expert jewellers.…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
    Read More

Related Topics