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Selling diamond jewellery at 80% lower prices!! Hard to believe, isn’t it? Jewel Box, a conscious luxury brand, impressed all the sharks in a recent episode of Shark Tank India Season 3 and remained successful in securing an all-shark deal. The deal was closed at Rs. 2 Cr, for 6% equity. The company sells jewellery made from lab-grown diamonds, which are also real diamonds but cost 80% less than natural diamonds. Not only cost-effective, lab-grown diamonds are also environmentally sound and ecosystem friendly. Apart from designs and craftsmanship, the company's unique selling proposition lies in its transparency. All price breakdowns, policies, and certifications are completely transparent to customers. All the jewellery manufactured by Jewelbox is certified and hallmarked which helps them in winning the trust of it’s customers. The sharks pointed out that the brand's name needs to be more aspirational, which is crucial for a luxury brand to excel. Additionally, their logo and color are very similar to another company, which is a major player in the same category. All the suggestions extended by Sharks were sincerely accepted and appreciated by the Founders of the Company. If you found this marketing and business case study interesting, don't forget to share it with your business-minded friends! And for more viral-worthy information, stay connected with Viral Kara Do! Jewelbox #business #marketing #viralkarado

For decades, India has reigned as the second largest consumer of gold with a rich history and a burgeoning appetite for jewellery. Yet, foreign jewellery brands that have captured noteworthy market share in other major jewellery markets have struggled to make inroads into India, both in terms of reach and sales – except for Bvlgari. Head to the following link to read the whole article #SolitairebyGJEPC #GJEPCIndia #SolitaireInternational #Magazine

Do You Attend Jewellery Trade Shows or Fairs? Hong Kong hosts multiple jewellery and gem trade shows and fairs every year. The top jewellery events include the HKTDC International Jewellery Show and the Hong Kong Jewellery & Gem Fair. In most cases, sellers are in charge of bringing their products to the event and are responsible for their safety. A lot can go wrong when transporting jewellery and during the exhibition event. The expensive pieces could be damaged, lost, or even stolen at any point. The selling business would be responsible in any of these cases, and risks could ruin their showcase. However, there are steps selling businesses can take to ensure they transport and travel with their jewellery products effectively. https://lnkd.in/gQzcvGg6 #jewellerytradeshows #jewelleryfair #transportingjewellary

Explore the latest insights into the luxury jewellery market with this detailed report from Custom Market Insights. As we navigate evolving trends and market dynamics, CARA Jewellers remains committed to delivering exceptional quality. Dive into the key takeaways and see how we're shaping the future of luxury. Read the full report here: https://loom.ly/U3jipRc #CaraJewellery #DiamondJewellery #LuxuryJewellery

Appreciation in value for last 10# Years Whiskey +280% Fine wine +146% Watches +138% Vs Jewellery, Gems etc +37% How does investing in luxury goods like expensive watches and rare whisky compare to other goods, or to the S&P 500?

Jewelry Segment Sees Rebound in Recovering China Luxury Market

#Rolex Dominates the Swiss Watch Market The dominant Swiss luxury watch brand produced 1.24 million timepieces in 2023 with sales of 10.1 billion Swiss francs ($11.5 billion). That’s a gain of 11% from 2022, analysts at #MorganStanley and Swiss firm LuxeConsult said in a report Wednesday, adding that Rolex’s current level of market share is “unprecedented.” The maker of the #Daytona, #Submariner and #Datejust models grew its retail market share to just over 30% as well-heeled buyers clamored for watches made by the Geneva-based entity, which is controlled by a charitable trust named for Hans Wilsdorf, who co-founded the brand in 1908. No other luxury brand can claim such a dominant position in its respective sector. #LouisVuitton, for example, had about a 19% share of the luxury handbag market last year. As usual, growing faster on the topline allows brands to capture more #margin: this is the magic virtuous circle of capturing additional market shares and becoming more #profitable. It's true in the luxury field and in other several industry as well.

#BTMagazine | India's gems and jewellery market is expected to grow at an annualised rate of 8.4% to $128.72 billion by 2029. #Gold demand is projected to reach 800-900 tonnes in 2024 even as gold prices soared 24% from the start of the year to close at Rs 77,917 per 10 gm on October 28. Catch the latest insights into #India’s surging demand for gold and gems in Business Today Magazine’s Luxury Issue! More on BTMag.in Subscribe to BT Magazine For 1 Year To Get Full Access Just for Rs 999: https://bit.ly/3KHQfTZ

Diamonds in a Changing World 💎 Global sanctions and conflicts are shaking up the diamond industry, impacting both supply chains and market dynamics. Rodion Ksonzenko delves into the effects on businesses and consumers alike. Don’t miss this insightful conversation. Link in bio 👇 #MagnatFineJewellery #DiamondIndustry #JewelleryTrends #MarketImpact Luxury Jewellery Magnat Fine Jewellery Diamond Market Shift Dubai Trends