Marketing Aspect

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MARKETING ASPECT

A. PRODUCT

Offers non tarnish hypoallergenic 18k gold plated earrings made up of sterling silver. Some pieces of the
brand are designed with freshwater white pearls. These jewelry truely give the final touch to any kind of
habit.

• Sunflower Luster

• Golden Drops

• Basic Gold Studs

• Golden Halos

• Rounded Hoops(small)

• Rounded Hoops (big)

• Hoop Twisters

• Golden Huggies

• Boxy Hoops

• Pearl Danglers

• Pearly Shells

• Pearl Drops

B. PRICE

Table IV.

PRODUCT QUALITY PRICE

GOLDEN DROPS18k GOLD ₱849.00

GOLDEN HALOS 18k GOLD ₱799.00

GOLDEN HUGGIES 18k GOLD ₱799.00

BASIC GOLD STUDS 18k GOLD ₱999.00

SUNFLOWER LUSTER 18k GOLD ₱699.00

ROUNDED HOOPS (small) 18k GOLD


SILVER ₱899.00

ROUNDED HOOPS (big) 18k GOLD

SILVER ₱1,099.00

HOOP TWISTER SILVER ₱1,099.00

BOXY HOOPS SILVER ₱1,199.00

PEARL DANGLERS PEARL ₱1,249.00

PEARLY SHELLS PEARLS & GOLD₱1,199.00

PEARL DROPS PEARL ₱1,299.00

C. PLACE

The Lushury Jewelry is to be located a RG-5 MacArthur Highway, San Roque, Tarlac City. We will offer a
great selection of gemstone jewelry in various designs, colors and sizes. Our jewelry will include
bracelets, necklaces, earrings and rings. All of the pieces will be designed and created by the owners.
The Lushury Jewelry will stock a wide selection of jewelry and will offer a service to make custom pieces
for shoppers while they wait or shop in the mall. All sales for the business will be through this SM Tarlac
City. After finishing the plan of building our business, the Lushury Jewelry plans to hire a sales
representative to handle customer interaction and some marketing.

Location of export
India

India is known as the golden bird because of the abundance of gold silver and precious stone in the
country. The countries also known for their culture and their adornment of precious stone which goes
back thousands of years so people in India really value jewelry. In India, the jewelry segment
contributed to 7% of the country's retail market and with the value of the jewelry market continuing to
grow an upward trend approximately the market will grow 38.3% by 2022. Moreover jewelry sector is
one of the largest in the world contributing 29% of the global jewelry consumption. With all that India is
a low-risk venture in exporting and it's a great opportunity for Lushury to expand its market share
because of the high demand and an already tested market.

Indonesia

Currently Indonesia as the fourth largest population in the world which means that if you established
your brand in the country you will be able to reach a large market. In Indonesia the jewelry market is
significantly small for the size of the population because compared to Hong Kong even if a Hong Kong
population is only a fraction of Indonesia’s population, Hong Kong is the number one importer of jewelry
in Asia. The reason is that in Indonesia they treat jewelry as an investment instead of an accessory to
wear due to them preserving it to increase the value when they sell it in the future but recently to the
point of them not wearing it and not minding the design the much. Today with fast fashion continuing to
grow in popularity in Indonesia. It boosted the demand of shifting to costume that can be an everyday
wear. With the market being big and easily penetrable Lushury has the opportunity to be front turner
and providing jewelry in the large market of Indonesia.

Switzerland

They have a saying in Switzerland that "Gold arrives here in unrefined form, and leaves the country in all
its glittering purity". The reason why most of the gold in the world passes through Switzerland is
because of the country's good reputation in the refinery of gold. The gold refinery business is worth
CHF70-90 billion depending on the year which is 24% of its exports. Swiss refineries process 70% of the
unrefined gold mine in the world it's here which 4 of the 9 major players in the global gold industry
conduct most of their business in Switzerland. With that being said the country can produce the finest
cold having one of the cheapest prices so with the will capitalize on this to give their customers the best
gold while still having a good profit margin.

Mexico

Mexico currently the world's largest silver producer with the highest silver output sa even with it being
just the number 2 in exporting silver, they still have the lowest price of silver. Mexico exports $1.9 billion
worth of silver to the global market, representing over 10.4% of the world's total silver exports. Mexico
is also known for their 925 silver or the famously called sterling silver which are what Lushury earrings
are made of so that the company will take the opportunity to acquire the best quality sterling silver at a
bargain price compared to other exporters.

D. PROMOTION

Online Advertising Strategy


Lushury will be focusing on digital advertising because research says that social media usage is one of
the most popular online

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