Do you want to sell your jewelry products online with your own eCommerce, Let's set one online Dukaan for you!
When people search online, they can see magnificent jewellery from various jewellers like example below, before buying people spend good amount of time browsing jewellery online!
Why you must create your own jewellery store online?
The Jewelry industry has a glittering future with annual global sales of €148 billion which is expected to grow at a rate of 5 to 6 percent each year, totalling €280 billion by 2025.
-
Though the United States is still the leader in terms of demand for diamond Jewelry, China and India are quickly emerging as strong demand markets.
-
USA leads is the world gold Jewelry market followed by China and India.
-
US is the largest revenue contributor in the global costume Jewelry market followed by Japan and China. Powered by strong demand in North American and Asian countries, the costume jewellery market in both the regions is developing rapidly.Global Costume Jewellery Market size in 2016 was valued at $25,554 million growing at CAGR of 6.9% to reach $40,631 million by 2022.
-
The increase in cost of natural metal ores such as gold, silver, and platinum is shifting the trend of Jewelry to costume Jewelry.
Talk to eCommerce Development Expert
If you have a local shop and selling jewellery, you have very limited number of visitors, so the sales also will be limited.
Opening an online shop means, you have 24x7 open shop online, people can visit from any place!
This is how other jewellers are displaying their jewellery online!
Online advertisement is very expensive, but if you build your own ecommerce, you can take the advantage of organic growth, which will give result for long period in future!
The technology has reached a point where people feel secure enough with online shopping to buy Jewelry, luxury & fashion Jewelry even diamond jewelry online.
With the rapidly evolving technology, the way we conduct business or shop today has
changed drastically, while the buyer gets branded products at a cheaper rate.
From the point of marketing
the product to its sales and shipping, the eCommerce platform plays a pivotal role.
You should start building your own ecommerce!
More Visibility, More Business!
With big platform like amazon, your brand is easily lost in jungle, so, You should start building your own ecommerce!
Want to create your own jewellery store?
But How to Sell your jewelry products online with own brand! Any Idea? Yes, You Can! Its very easy with our solution, We can customised the solution exactly the way you run your business.... but with more efficiency!
Online business will be always competitive,
so make sure you have choosen right ecommerce partner!
Provide maximum details about your jewellery, like gold colour, weight, color stone name, shape, diamond shape, sieve size etc.
! Because every small details of jewelry is very important, and your buyers would like to know that.
Online jewelry selling is highly profitable business, Now buyers have been matured enough to buy jewelry online, many customers of fine & luxury jewelry are now women, buying items for themselves.
The following trends can be noticed in the global Jewelry ecommerce business
US is the largest revenue contributor in the global costume jewellery market followed by Japan and China. Powered by strong demand in North American and Asian countries, the costume jewellery market in both the regions is developing rapidly.Global Costume Jewellery Market size in 2016 was valued at $25,554 million growing at CAGR of 6.9% to reach $65,631 million by 2025
According to various online sources: The current market size of imitation Jewelry in India is pegged around Rs. 8000 crore, out of which online retail contributes 2% (approx Rs 150-180 crore).
This business tool allow you to set every small details of your jewelry & the analytics will help you to understand the product popularity based the user visit, order, buy or cancel, which eventually help you to grow your business & save time and money.
Global Demand: potential jewellery eCommerce Buyers
The global demand for diamond jewellery increased marginally at $80 billion in 2016, with around half of the demand came from the US consumers at $40 billion and the demand declining by 8.8 per cent in India.
Here is why you must have your Jewelry eCommerce ready
- The global costume jewellery market on the basis of product type, gender, mode of sale and geography are majorly in demand and hold a combined share of around 44% in global jewellery market.
- India and China combined are the largest markets for Gold Jewelleries, in volume terms, together accounting for over 50% of current global demand.
- 60 percent of women buy jewellery at places other than traditional jewellery stores, and the percentage of women buying jewellery online, at department stores and at mass retailers is increasing.
-
Consumers of all ages buy jewellery; it is a cross-generational purchase. Thus, age is not an accurate predictor of jewellery expenditures.
- Age 25-34 – These young consumers have the second highest per-household jewellery expenditures around the world.
- Age 35-44 – Largest jewellery consumers around the world.
- Age 45-54 – This group, comprised of Baby Boomers, has been disappointing in terms of per-household jewellery expenditures.
- Age 55-64 – Their per-household jewellery expenditure the highest of any group, but this segment consumes about 22 percent of all jewellery sold.
Jewellery Trade Show in Local and International Market
- Luxury Bridal Exhibition in Chicago occurs twice a year and features Bridal Gowns & Shops, Accessories and Fashion Jewellery etc.
- Palm Beach Jewellery, Art & Antiques Show in US is an annual event aimed at a high level of buyers in the market that features pieces of unique design quirks and difficult to find by collector’s specialists.
- Japan Jewellery Fair is a 3 day event at the Tokyo Big Sight (Tokyo International Exhibition Center) in Tokyo, Japan and showcases products like premier jewellery and Party & Activities providers, Beauty, Lifestyle and Wellness products, Caterers, Wedding Dresses, Event Planners.
- UBM Asia’s jewellery fairs attract over 120,000 trade buyers and over 11,000 exhibitors from around the world. UBM Asia organises jewellery fairs in Hong Kong and in the mainland China cities of Shenzhen and Shanghai;
- The three exhibition day is organized by Madras Jewellers Diamond Merchants Association (MJDMA) and UBM Indiaandis the second largest gems & jewellery B2B exhibition in India with participation of over 300 exhibitors that include wholesalers, retailers, importers and exporters, jewellery manufacturers, machinery manufacturers, diamond, gemstone, pearl suppliers and traders, precious metal and jewellery mounting traders and suppliers, and representatives from trade and governmental bodies.
- MidEast Watch & Jewellery Show is a 5 day event at the Sharjah Expo Centre in Sharjah, United Arab Emirates. This event showcases products like Diamond, gold, platinum and silver jewellery, cut and uncut gemstones, gem sets, branded watches and clocks, packaging and display materials & other related products etc. in the Gems &Jewellery industry.
Jewelry eCommerce Development Company
Online Jewellery Business has huge potential, international sales are also possible online,
internet has opened a new door for handmade jewelry, fashion jewelry, imitation jewelry business.
Analysts expect earnings to grow at a compounded annual rate of 20 per cent during year 2015-17.
