{"id":10207,"date":"2021-07-22T21:06:53","date_gmt":"2021-07-22T15:36:53","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=10207"},"modified":"2021-07-23T10:03:13","modified_gmt":"2021-07-23T04:33:13","slug":"less-is-more","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/less-is-more\/","title":{"rendered":"Less Is More!"},"content":{"rendered":"\n

The trend for minimal pr\u00eat gold jewellery has been gathering steam over the last few years but like a storm, it further intensified in 2020 and beyond.<\/em><\/h4>\n\n\n\n

Gold jewellery is becoming a daily essential for millennial. Staying cooped up indoors for most of the year, led people to opt for minimal jewellery essentials to brighten up their daily life. They are picking gold even it is of a lower cartage over fashion accessories as they seek to make meaningful, long-term purchases.<\/p>\n\n\n\n

Brands retailing simple, timeless designs with a smattering of diamonds, pearls and gemstones are recording higher sales.<\/p>\n\n\n\n

\n
\n
\"\"
Astral reversible medallion suspending from a chunky bracelet by The Line<\/figcaption><\/figure>\n<\/div>\n\n\n\n
\n
\"\"<\/a>
Ruby Snake necklace by Raf Fine Jewelry<\/figcaption><\/figure><\/div>\n<\/div>\n<\/div>\n\n\n\n
\n
\n
\"\"<\/a>
Dainty necklaces by Stac Fine Jewellery<\/figcaption><\/figure>\n<\/div>\n\n\n\n
\n
\"\"<\/a>
Plain gold and diamond-studded elongated hoops by The Line<\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n
\n
\n
\"\"<\/a>
Emerald rings set in 18-karat gold by Stac Fine Jewellery<\/figcaption><\/figure>\n<\/div>\n\n\n\n
\n
\"\"<\/a>
Double Pop Heart Bracelet with enamel by The Line<\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n
\n
\n
\"\"<\/a>
Emerald Bracelets by Stac Fine Jewellery<\/figcaption><\/figure>\n<\/div>\n\n\n\n
\n
\"\"<\/a>
Diamond Crown ring by Raf Fine Jewelry<\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n

Rashi Sanghvi, co-founder of Stac Fine Jewellery, informs that June 2021 has been their best month of sales since they started the brand in 2018. As India emerged out of the second lockdown and sentiments picked up, so did their jewellery sales. \u201cWe registered 500% growth in June 2021 compared to June 2020. If we had to compare FY 2019 to 2020, we grew 100%. We are on track to achieve a targetted growth of 120%  in the coming financial year,\u201d shares Sanghvi, who adds that 80% their revenue comes from their website. Sanghvi, along with her co-founder Aakriti Tapuriah want minimal gold jewellery to be an extension of lifestyle purchases for consumers. <\/p>\n\n\n\n

Natasha Khurana, founder, The Line, had written off 2020 in terms of business when the pandemic started but was pleasantly surprised as the year progressed. \u201cWe ended up doing better than what we had imagined,\u201d shares Khurana, a fashion writer turned jewellery designer.<\/p>\n\n\n\n

\u201cThe younger generation is finally waking up to the potential of gold and diamonds in India \u2013 beyond wedding\/occasion jewellery. We want pieces that live with us, from desk to drinks,\u201d shares Khurana. <\/p>\n\n\n\n

Another positive impact of the pandemic is that brands are fostering a closer connect with their customers. \u201cDirect sales through our website went up because it was hard for customers to go to the stores in 2020. Earlier what would happen was that we were in touch with our Delhi clients where we have a store, while we would sell from multi-designer boutiques in Mumbai and Chennai who would interact with customers. Now, we are in touch with our customers pan India,\u201d shares Khurana.<\/p>\n\n\n\n

Hailing from a family of jewellery exporters based out of Jaipur, 23-year-old Radhika Fatehpuriya, founder of RAF Fine Jewelry initially considered selling wholesale but made the switch to retail in 2019. She set up an Instagram page followed by an e-store. \u201cInitially sales were slow, but they picked up once the brand was endorsed by a few celebrities and social media influencers,\u201d shares Fatehpuriya. She caters to the youngsters from 16-year-olds to 50-year-olds. Her pieces are crafted in 14-karat gold, offering the perfect balance between price and quality for target audience.<\/p>\n\n\n\n

Best-sellers<\/strong><\/p>\n\n\n\n

Fategpuriya shares that her diamond-studded charms and stackable rings are most popular on the website with the average ticket price ranging from Rs. 12,000 to Rs. 25,000.<\/p>\n\n\n\n

Khurana\u2019s The Line has a collection called Everyday Essentials \u2013 plain gold studs, hoops, elongated hoops, a few necklaces with initials, etc. \u2013 priced under Rs.50,000 that is faring well.<\/p>\n\n\n\n

At Stac by Sanghvi and Tapuriah, their emerald and evil eye collection are fast-sellers. Their watch chains, charms and recently launched journey bracelet are also gaining traction. \u201cSelf-expression in all forms is what people are connecting with,\u201d says Sanghvi. She added that many clients were initially not used to buying jewellery online. \u201cWe did virtual appointments to help built trust and credibility. What we have seen is that consumers start out with small ticket sizes and increase the value of orders as the customer gets more comfortable.\u201d<\/p>\n\n\n\n

Another point of note is that while millennials may be doing most of the online shopping, Sanghvi shares that their mothers are always around to give the final nod of approval. \u201cIn a lot of our virtual consultations we have found that younger clients always want their mothers around while buying gold.\u201d<\/p>\n\n\n\n

As people are getting more comfortable with buying jewellery online, there are a growing number of existing as well as new jewellery brands that are creating new inventory for this category. Even though ticket sizes are small, the sector can\u2019t be ignored and all three respondents expect the category to grow in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"

The trend for minimal pr\u00eat gold jewellery has been gathering steam over the last few years but like a storm, it further intensified in 2020 and beyond. Gold jewellery is becoming a daily essential for millennial. Staying cooped up indoors for most of the year, led people to opt for minimal jewellery essentials to brighten…<\/p>\n","protected":false},"author":11,"featured_media":10215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99,104],"tags":[],"thb-sponsors":[],"class_list":["post-10207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-design","category-features"],"acf":[],"yoast_head":"\nLess Is More! - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/less-is-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Less Is More! - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"The trend for minimal pr\u00eat gold jewellery has been gathering steam over the last few years but like a storm, it further intensified in 2020 and beyond. Gold jewellery is becoming a daily essential for millennial. Staying cooped up indoors for most of the year, led people to opt for minimal jewellery essentials to brighten…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/less-is-more\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-22T15:36:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-23T04:33:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/07\/ethr33-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/less-is-more\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/07\/ethr33-4.jpg\",\"width\":1100,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/less-is-more\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/less-is-more\/\",\"name\":\"Less Is More! - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/less-is-more\/#primaryimage\"},\"datePublished\":\"2021-07-22T15:36:53+00:00\",\"dateModified\":\"2021-07-23T04:33:13+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/7645e8f46ad9fa343b43aa1411bed1be\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/less-is-more\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/7645e8f46ad9fa343b43aa1411bed1be\",\"name\":\"Aliya Ladhabhoy\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b48769a685f000fba6026a9c5ca298358104c5fc4e9e7331f7d937e9499ea886?s=96&d=mm&r=g\",\"caption\":\"Aliya Ladhabhoy\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/10207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=10207"}],"version-history":[{"count":4,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/10207\/revisions"}],"predecessor-version":[{"id":10221,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/10207\/revisions\/10221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/10215"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=10207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=10207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=10207"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=10207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}