top of page
Search

Top 5 Statistic that shows Why Amazon is the future of Fine Jewelry


1. E-commerce Growth: As of 2021, the global e-commerce market is growing at an unprecedented rate. In 2020 alone, e-commerce sales worldwide rose by 27.6%. Given Amazon's dominant position in this industry, it's poised to reap the benefits of this trend, and fine jewelry is no exception.


2. Consumer Trust: Amazon has been steadily building trust with consumers over the years, boasting a customer base of over 300 million as of 2021. This trust factor extends to fine jewelry purchases as well, and customers are more likely to buy high-ticket items from a retailer they trust.


3. Amazon's Market Share: In the United States, Amazon captured 38.7% of the e-commerce market in 2020. Their dominance in the market translates to their ability to sell a variety of goods, including fine jewelry.


4. Product Authenticity and Quality Assurance: Amazon's strict policies for sellers, along with features like A-to-Z Guarantee and customer reviews, help ensure product authenticity and quality. For high-value items such as fine jewelry, this assurance can be a significant factor driving sales.


5.Prime Membership: Amazon Prime had over 200 million members worldwide as of 2021. Prime members spend significantly more on Amazon than non-prime members. The exclusive benefits offered to Prime members like faster shipping and exclusive deals can incentivize fine jewelry purchases.







17 views0 comments

Recent Posts

See All

Comments


bottom of page