Author: Annette Malave, SVP/Insights, RAB
Diamonds. Pearls. Rings. Considered fine jewelry, these are all items that are purchased or gifted by many regardless of age group – yes, even watches. According to Scarborough data, 93% of adults 18+ purchased fine jewelry in the past year.
Like other industries, the jewelry industry is experiencing changes in how consumers shop for fine jewelry. Technology allows consumers to self-educate and research via various platforms and technologies. While national jewelry retailers are an important source for fine jewelry purchases, local stores and department stores are tied as the second most-used locations, according to National Jeweler.
Continue reading “Radio Drives Fine Jewelry
During this time of the year, consumers are thinking about gift ideas for their loved ones. According to a November survey by Prosper Insights & Analytics™, jewelry is on the top ten list of gifts that will be given this year. It is also one of the gifts that consumers want to receive – 22% of respondents want jewelry as a gift.
Who are these jewelry gift givers? According to 2017 GfK/MRI data, adults 18+ who purchased a fine jewelry item as a gift for someone else, 81% listen to AM/FM radio. Among those adults who purchased fine jewelry for themselves, 78% are AM/FM radio listeners.
Continue reading “Jewelry Retailers Shine with Radio”