Tuesday, 25 November 2014

Final Project _ Competitor Analysis


I decided to embark on some “mystery shopping”. I found that most of the leading jewellery houses host an extensive range catering for woman whilst the men’s range is limited and lacks uniqueness. House hold names such as Browns, Charles Greig, Shimansky etc. do not cater effectively for the gents market. The range that they offer is limited and the price point caters toward a high net worth individual. Brands like Edgars and Sterns offer a low end range however the designs are mass manufactured and lack creativity. This confirmed my initial assumption that there is a gap in the market in terms of the type of gent’s rings that are available. The product I am looking to take to market is unique, trendy and easily transforms from a ring into a pendant and a bracelet.

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