Latest news about gem stones including notable gems and jewelry, jewellery trade developments, new discoveries, mining, therapies, slicing, and appraising. The surging native gold worth, along with manufacturers’ improvements, have inspired consumers to favour cheaper and lighter products. Encouragingly, in opposition to this backdrop, retailers are offering rising transparency in pricing to customers Jewelery News, especially for Hard Pure gold products. Looking forward, 57% of our survey respondents say that they will increase the use of per-gram pricing method to offer customers more readability. We believe a clear value presentation, affordable labour costs and designs that meet shopper style will profit both customers and retailers.
- A decade ago we thought of that flagship stores had been totally different to brand-only stores in that they have been owned and operated by the brand itself, rather than a third get together.
- Gold hallmarking was mandated in India-similar with practices within the United Kingdom and jewellery-producing countries- to find out provenance and instil confidence in jewellery consumers.
- When the customer is there you have to be very professional, you have to give the reason they’re expecting,” Lorie says.
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- For instance, adjustments in product pricing fashions and consumer purchasing motivations became a double-edged sword for so much of.