Jewellery Economics

A whopping 2/3rds to 3/4trs of the cost of your jewellery goes to the retailer & wholesaler – these costs do not improve your Jewellery

In response to numerous requests from our clients, we have decided to publish a cost break-down showing where the money you spend on your jewellery goes. To ensure impartiality, all of the data shown here comes from industry reports including ‘Jewellery – dissecting the industry, October 2008, Afrifocus Securities’, ‘Jewellery, Mintel, May 2008’, ‘Gems and Jewellery, Cygnus, January 2009’.

The table below shows you the cost breakdown for a Diamond and Gold ring with a ‘retail purchase price’ of £3,000. As you can see between two-thirds and three-quarters of the total costs of your jewellery goes to the retailer and wholesaler, to cover the costs of the retail stores, staff, and distribution. Whichever way you look at it however, these are costs that do not improve your Jewellery.