Professional Documents
Culture Documents
Gems and Jewlery
Gems and Jewlery
SECTOR
{ COMPOSITION OF JEWELLERY SECTOR
INTRODUCTION TO INDUSTRY
• The Gems and Jewellery sector plays a significant role in the Indian
Economy, which is contributing about 7% to the GDP of the
country and 15%to the India’s total merchandise export
Price
Place
Promotion
Attention To Detail
Introduction:
Founded :1864
Founder : Tribhovandas Bhimji Zaveri
Headquarters : Zaveri bazzer, Mumbai
No of Location : 37
Brand Ambassador : Sara ali khan
Marketing Strategy and the Reasons behind its Success
• Product Quality and Design
• Price
• Oldest in the Business
• Place and Distribution
• Promotion
• Campaign
STRATEGIES OF MALABAR GOLD &
DIAMONDS
STRENGTH THREAT
• changes in government
• Offers life long warranty in ornaments
policies
• association with film and sports celebrities
• Fluctuating Global
• Product differentiation
economy
• Profits for noble cause
S
•
W O
gold is not an investment
T
WEAKNESS OPPURTUNITIES
• Increase presence in India
• Less penetration across India • Tie up with corporate and sponsorship of fashion
events
• global footprint is less especially in UK and USA
• Expansion plans in the future
Indian jewellery market has seen big changes in last few years due to the entry of
multinational companies. Local retailers are facing huge problems due to this. The mindset
of customers is also changing towards branded jewellery. To retain their position in the
market, traditional jewellery sellers must adopt some new marketing techniques.
Before making any plan there is a need for knowing the factors that affect the sales in this
market. Below are some factors seller should consider :
1. Purchasing power
2. Choice of buyers
3. Trends in jewellery market