Industry Analysis & Industry Trends
The Direct Selling of Jewelry and Accessories industry has struggled over the past five years, despite a strengthening economy. Industry products are highly discretionary and are influenced by economic factors such as consumer spending, as well as consumer preferences such as fashion fads and the shift toward mobile commerce. Over the next five years, the industry is expected to continue declining, however, at a slower rate. As the US economy continues stabilizing and consumer confidence recovers, industry operators are expected to experience some relief from the difficult conditions in prior years. An uptick in consumer confidence and a reduction in the unemployment rate are also expected to spur industry demand.... purchase to read more
Industry Report - Starting a New Business Chapter
The Direct Selling of Online Jewelry and Accessories industry exhibits minimal barriers to entry, with low establishment costs and no licensing requirements that prevent companies or representatives from entering the industry. However, industry competition and market awareness can pose a threat to new potential entrants.
Establishing a brand
The primary obstacles faced by prospective players include establishing a brand, investing in capital and contracting representatives that will host parties to sell the products. The industry's low level of concentration indicates low barriers to entry, as the industry is largely characterized by small and independent players... purchase to read more