{"id":4016,"date":"2021-02-26T15:12:29","date_gmt":"2021-02-26T09:42:29","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=4016"},"modified":"2021-02-26T15:17:36","modified_gmt":"2021-02-26T09:47:36","slug":"platinum-self-purchasers-on-the-rise-in-the-us-pgi-study","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/platinum-self-purchasers-on-the-rise-in-the-us-pgi-study\/","title":{"rendered":"Platinum Self-Purchasers On The Rise In The US: PGI Study"},"content":{"rendered":"\n<p>In a study released in the final quarter of 2020 by Platinum Guild International (PGI) USA, fine jewellery consumers were asked who they purchased for in the past two years. Their response should be a lightbulb moment for the jewellery industry: 50% of respondents admitted buying something for themselves. Of those who purchased a piece of jewellery for themselves, 47% did so \u201cjust because\u201d, while 32% were marking a major milestone birthday. In a time of seasons greetings\u2019 messaging beginning to fill the airways and social media feeds, retailers and brands alike should not overlook the spending power of the self purchaser.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"433\" height=\"291\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5.jpg\" alt=\"\" class=\"wp-image-4018 lazyload\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5.jpg 433w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5-300x202.jpg 300w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5-225x151.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5-20x13.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/01-5-143x96.jpg 143w\" sizes=\"auto, (max-width: 433px) 100vw, 433px\" \/><figcaption>While Significant Others are purchasing for anniversaries, Self Purchasers are marking everyday occasions by buying for themselves.<\/figcaption><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"487\" height=\"193\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3.jpg\" alt=\"\" class=\"wp-image-4020 lazyload\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3.jpg 487w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3-300x119.jpg 300w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3-450x178.jpg 450w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3-225x89.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3-20x8.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/02-3-242x96.jpg 242w\" sizes=\"auto, (max-width: 487px) 100vw, 487px\" \/><figcaption>Females lead the category of self purchasers by a large margin.<\/figcaption><\/figure><\/div>\n<\/div>\n<\/div>\n\n\n\n<p>The story becomes even more compelling when looking at the research by gender. 73% of women surveyed reported buying something for themselves in the past two years, as opposed to 37% of men, who focus their purchasing power on their significant others and their mothers.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe are seeing strong growth in female self-purchasers in this round of research,\u201d shared Jenny Luker, PGI USA\u2019s President. \u201cThis sector of the market continues to increase, creating a greater opportunity for the jewellery industry to focus more resources on speaking to women directly. Women are buying handbags and shoes for themselves, some at considerable price points, and jewellery needs to be higher in their consideration set.\u201d<\/p><\/blockquote>\n\n\n\n<p>Generationally, Gen Zers lead the way in terms of self purchasing, with 63% having bought themselves a piece of jewellery within the past two years. Millennials, Gen Xers and Boomers are not to be discounted however, as 45% have recently added to their personal collections according to the research.<\/p>\n\n\n\n<p>\u201cWe find that women self-purchasers are looking for versatility and enduring style in their jewellery wardrobes,\u201d explained Aron Suna, president of Suna Bros., the exclusive distributors of Platinum Born. \u201cThe majority of Platinum Born sales are self-purchasers because the collection\u2019s designs are crafted to evolve and transform with the wearer. And as we offer fine jewellery at fashion prices, Platinum Born is the epitome of a self-purchasing brand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a study released in the final quarter of 2020 by Platinum Guild International (PGI) USA, fine jewellery consumers were asked who they purchased for in the past two years. Their response should be a lightbulb moment for the jewellery industry: 50% of respondents admitted buying something for themselves. Of those who purchased a piece&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,101],"tags":[],"thb-sponsors":[],"class_list":["post-4016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus","category-platinum"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Platinum Self-Purchasers On The Rise In The US: PGI Study - 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\/platinum-self-purchasers-on-the-rise-in-the-us-pgi-study\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Platinum Self-Purchasers On The Rise In The US: PGI Study - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"In a study released in the final quarter of 2020 by Platinum Guild International (PGI) USA, fine jewellery consumers were asked who they purchased for in the past two years. Their response should be a lightbulb moment for the jewellery industry: 50% of respondents admitted buying something for themselves. 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