Trade Resources

We’re pleased to announce the launch of the Jewelers Going Digital Survey Report!



Report results are based on a survey launched to retail jewelers and jewelry businesses in late 2020. The main goal was to see how COVID-19 has impacted jewelry businesses, specifically considering an accelerated digital transformation brought on by restrictions and closures.

CHICAGO - August 11, 2020 Polygon (www.polygon.net) a mdf commerce product, the online community and marketplace for jewelry professionals and BriteCo (www.brite.co) the innovative jewelry appraisal and insurance provider, announced today a joint strategic marketing partnership that provides retail jewelers with valuable insights to help grow their businesses in an evolving omni-channel environment.

It’s been an eventful year in the retail jewelry industry - so eventful, in fact, that you may have missed several important stories as they passed through the news headlines. Have no fear: we’ve assembled some essential stories from 2018 that you may have missed, and present them below to bring you up to date.

Polygon (www.polygon.net) – the online community & marketplace for jewelry professionals – announced today, a strategic marketing partnership with GemFind, experts in digital marketing and e-commerce solutions for the jewelry industry.

Hoover & Strong and Polygon announced today that the myAuction^TM service will be available to all Polygon retail jewelers as part of their membership, accessible directly on the member platform (www.polygon.net).

You would expect that someone who drives state-of-the-art racecars for a living wouldn’t be afraid of much. But Dale Earnhardt Jr., a living legend on the NASCAR circuit, has an intense phobia of something that might surprise you: metal jewelry.

In 2017, U.S. couples spent less on their weddings on average than they did the year before, according to a survey produced by wedding planning website The Knot.

February 13, 2018 – Hoover & Strong and Polygon announced today a new partnership in order to offer Hoover & Strong’s Harmony Diamond Auctions to Polygon members directly through the Polygon platform. The auctions are ideal for retail jewelers and pawn brokers who wish to sell secondary market/OTC goods, or for any seller to move diamond inventory, and is only accessible to members of the trade. Polygon members are pre-qualified to participate, and can access the auctions to bid or list items after a quick one-step registration.

It seems like everyone is partnering with celebrities to launch jewelry brands these days, but the latest iteration of this trend is a bit out of the ordinary: Dell Computer has partnered with actress Nikki Reed (of Twilight fame) to launch a line of cufflinks, hoop earrings and rings made from recycled gold taken from the motherboards of old Dell computers.

In the last year, few subjects have captivated public attention in the way that cryptocurrencies have. The most popular digital currency, bitcoin, has seen its value skyrocket to new heights in recent months, despite its notorious volatility. Propelled by increasing public awareness and a newfound willingness by established financial institutions and authorities to take cryptocurrencies seriously, rather than dismissing them as a fad, bitcoin and its many cousins offer us a glimpse into the future of money.  



Yet despite bitcoin's steady progression into the public consciousness, if not yet the mainstream retail sector, many questions remain regarding cryptocurrencies' viability as a practical tool for trade: Should the average retailer start accepting bitcoin? If so, how can they securely exchange their bitcoin holdings for government-backed currency? What are the financial regulations surrounding cryptocurrencies? Will the volatility of these new currencies ever become manageable?



The answers to these questions will ultimately determine if bitcoin and other cryptocurrencies become widely-accepted forms of payment, or if they end up going the way of the tulip bulb. But regardless of what the future holds for crypto, many retailers still want to know if they should start accepting bitcoin today. With that in mind, here’s what retailers need to know about cryptocurrencies.