Published at Monday, September 16th 2019. by Soren Dennis in Wedding Ring.
In 2011, TheKnot.com and WeddingChannel.com published an in-depth report on engagement and wedding statistics in the United States. It looked at how much the engagement ring and wedding jewelry is worth, what kind of rings the grooms are purchasing and how people are proposing nowadays. ”Jewelry is a significant part of the wedding experience and the 2011 Engagement & Jewelry Study provides unparalleled insight into the multibillion-dollar industry,” said Kristyn Clement, Senior Director of The Knot Market Intelligence at XO Group Inc.
The retail jewelry business is in a state of flux as the online retailers are making it very hard for the brick and mortar retailers to compete. When the many expenses such as rent, electricity, parking lot maintenance and print advertising as well as staff costs are considered, most of these business owners must be very concerned. The online retailer has the advantage of operating out of a warehouse, doesn’t need a fancy building or a huge parking area to make diamond ring sales. Once the website is set up it is ready to sell 24/7 his marketplace is open worldwide.
Another disadvantage is not really any concern to you; it is a problem for jewelers themselves. While the stone can’t come loose accidentally, it is easy to remove if a person deliberately holds the ring open. So many not so honest people remove the diamond, and then come back to a jeweler complaining that the gem is lost. But as we already mentioned this is not your problem as a customer. Tension set wedding rings is gorgeous and if you are looking for something different, that would be it. If you like modernistic and unique look, go for tension set rings rather than traditional ones.
What was the average engagement ring and wedding band cost two years ago? $5,200 for an engagement ring and $1,126 for wedding bands for brides – a wedding ring for the groom had an average price tag of just $491. The most popular forms of engagement rings were round (53 percent), princess (30 percent) and made of white gold (73 percent). Of course, it doesn’t take the average groom a couple of hours to find the perfect ring. Instead, it took roughly three months for the man to locate a ring that was just perfect for his bride-to-be.
Women’s diamond wedding ring sets are usually sold as a set, but they are still two separate rings – the engagement ring and the wedding band. However, after the wedding, or even right before if you prefer, you can have the two rings joined together so they essentially become one ring and are always attached and perfectly aligned.
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