Trade Resources

Industry Reports: Polygon's market reports offer key insights into market trends and opportunities.
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Industry Report

Rise of the Synthetic Stone: A Polygon Industry Report

On March 15, 2015, the world’s largest diamond ‘greenhouse’ opened for business in Singapore. Owned and operated by IIa Technologies, the facility is a sprawling testament to the potential of disruptive innovation. Located in an industrial area of Singapore, the complex spans 200,000 square feet; inside, around 200 state-of-the-art machines produce Type IIa diamonds around the clock using the Microwave Plasma Chemical Vapor Deposition (MPCVD) method. 

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Industry Report

Retail Jewelry Industry in the U.S. 2015 Report

Retail jewelers in the United States continued to adapt to challenges and changes throughout the industry in 2014, with price deflation, slow sales and a growing market share among online retailers standing out as the most significant obstacles for traditional brick-and-mortar jewelers. For the first time in 15 years, simultaneous price deflation affected both jewelry consumers and jewelry suppliers. Prices of retail jewelry fell by 3% in 2014, while supplier-side prices plummeted 7%, resulting in slimmer margins for retail jewelers and suppliers. 

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Industry Report

Trends in the Global Jewelry Industry

The face of the jewelry industry has changed greatly since the global financial crisis hit in 2008. The environment has become increasingly competitive, particularly for smaller independent retail jewelers, and competition is no longer only local but has gone global in scale. 

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Industry Report

What's Hot, What's Not: Current Trends in Jewelry Retailing

As we approach what tends to be the busiest time of year for retail jewelers, it’s a good time to take a look at what’s selling, what’s not, which brands are increasing their sales and market share, and what the average retail jeweler is experiencing from their side of the sales counter. We took the time to speak to Polygon members about the trends they are seeing in jewelry retailing, researched how brands are capturing the attention of customers, and how retailers are planning to leverage their physical store and online presences to profit from contemporary buying habits this season.

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What's Hot, What's Not: Current Trends in Jewelry Retailing
Industry Report

David Geller: Retail Jewelry Business Insights and Strategies

David Geller has been a member and active contributor to Polygon since 1997, offering real-world advice, valuable business insights and proven sales strategies to the Polygon community. From the storefront to the jewelry bench, David’s expertise is renowned in the retail jewelry industry, and he has helped countless retail jewelers improve their business practices, eliminate unnecessary costs and increase profits.

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David Geller: Retail Jewelry Business Insights and Strategies
Industry Report

Retail Jewelry Industry in the U.S. 2014 Report

In 2013, the American retail jewelry industry enjoyed significant growth while facing renewed challenges to traditional business and marketing models. Growth of fine jewelry and watch sales paralleled modest declines in wholesale and retail jewelry prices, while the arrival of new technologies and important developments in the U.S. retail sector combined to make the past year very eventful for retail jewelers. Total fine jewelry and watch sales in the U.S. grew to $80.1 billion in 2013, an increase of 12.35% over total 2012 revenues ($71.3 billion). Of the total, jewelry sales increased 6.7% over 2012 to reach $70.65 billion, while revenue from watch sales grew by 7.6% to reach $9.46 billion. 

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Case Studies: Retail Jewelers Share the Secrets of Their Success

As developments in technology, sourcing concerns and a changed retail landscape fundamentally alter the way jewelry retailers do business, it’s beneficial to take the time to look at what’s working for retailers around the United States, what isn’t, and what’s different about each individual retail operation at a time when business owners are adapting to a new era.

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Industry Report

Maximizing Your Holiday Season: A Guide for Retail Jewelers

The holiday season is an especially important time for retailers, none more so than retail jewelers. For many jewelry stores, combined sales figures from November, December and January account for between 30% and 50% of their total yearly revenue. Additionally for some retailers, the average amount a customer spends on fine jewelry is at its highest during the holiday season. With so much riding on holiday sales - not to mention the added stresses of the season - it can be a very competitive time for jewelers.
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Maximizing Your Holiday Season: A Guide for Retail Jewelers
Industry Report

Competing Online: a Strategy Guide for Retail Jewelers

Retail jewelers are adapting to a changing marketplace. As online sales of fine jewelery continue to grow, traditional retailers are challenged to integrate new technologies and strategies to their business models in order to stay competitive. In this report, we examine topics of interest to retail jewelers including:

- E-commerce platforms for jewelers

- Social media and 'Social Care' concepts

- Best practices for developing your presence online

- Examples of successful online strategy

- Current jewelry market data and trends

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Competing Online: a Strategy Guide for Retail Jewelers
Industry Report

What's the difference between stores that have a good bit of money and less debt and those that have little money and a lot of debt?

Working as a consultant in the jewelry industry for the last 15 years, I visit stores in person and connect all the time with businesses online. I have the opportunity to view their inner workings, business details, financials, etc. and I can tell you that successful stores share some common best practices.

Notice the title of this article: I said "have money," not "make money." What's the difference? Plenty. Most jewelers make money, although many have very little of it in their chequing accounts. Many years ago, I read a statistic that stated that well over 55% of companies who declared bankruptcy had a profitable profit and loss statement.



Here's my list of what I've seen in the trenches, not in order of importance.

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What's the difference between stores that have a good bit of money and less debt and those that have little money and a lot of debt?
11-20 of 23 Resources