Charms Bracelets
Personalized Charms Bracelets Are Fun to Make and Fun to Wear
Jewelry stores are hurting for customers, thanks to a sluggish economy that has scared off many anxious consumers. Well, that’s only half the truth. One segment of the jewelry industry is booming, and that is personalized jewelry. This niche has snuck up on many jewelers because customers who are interested in unique jewelry are not your average consumer: they are younger, hipper, and less likely to care about name brands. So what is the appeal and how can more traditional jewelry businesses retrain their focus?
The hardest part of adapting, I have found, is understanding what is so appealing about personalized jewelry. The target is a teen or young adult who is looking to showcase their personal interests and passions through beads, gemstones, and monogrammed tags. Here is a flesh-and-blood illustration: a woman with an eye for personalized bracelets that she can augment with her own personal charms and gemstones, such as fresh-water pearls or tiny skull charms. While it is true that personalized bracelets are less expensive than traditional jewelry, keep in mind that the consumer base is expanding so rapidly that more than makes up for the difference in price tag.
Another fine point: retailers who have a great location, such as in the local mall, will easily draw customers back in for repeat purchases that accessorize previously bought bracelets and personalized necklaces. Since personalized bracelets have recently been seen on many Hollywood stars, you can bet that this slight retooling of your jewelry inventory will help pad the business during this harsh economic climate.




