Industry Analysis & Industry Trends
Revenue for the Direct Selling of Jewelry and Accessories industry will grow over the five years to 2020, albeit more slowly than the previous five-year period, as consumers rely on alternative retail channels to purchase jewelry and similar accessories.Two broad themes will characterize the industry over the next five years. The gradually improving economy is expected to lead to higher income levels and, consequently, higher discretionary spending. This will boost overall spending on jewelry and accessories. However, intensifying competition from alternative retail channels, most notably e-tailers, will temper demand for products sold by direct sellers. For this reason, direct sellers will need to emphasize their personalized service to maximize sales.... 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