Online jewellery marketplace JewelsNext.com has been nominated in the categories of ‘Luxury e Retailer of the Year’ & ‘Best e Retail Marketing Initiative’ by 2nd National Indian e Retail Congress, Awards & Expo 2013, held at The Claridges, Surajkund on 15th February, 2013. These awards were for individuals and companies who have created path breaking trends and who have lead unprecedented innovations that have uplifted the morale of the entire e-Retail industry.
Speaking on the occasion, Mr. Gaurav S Issar, CEO, JewelsNext.com said, “We feel honored to be nominated in the respective categories. We are pioneers in the jewellery virtual space and have gained this position because of foreseeing the market and taking the first mover advantage. It is all because of team work and the past 10 years spent to understand this domain in all the verticals from mines to market. Though, we respect our competitors but we have been the first in all the initiatives in the jewellery e-commerce space and have been a quotable example of a self funded e-commerce venture.”
He further added,”JewelsNext.com is targeting at 15-20% growth in overall revenues in FY13. JewelsNext is doing an average of 50-55 transactions with ticket size in the range of INR 20,000-75,000.”
Apart from big cities, JewelsNext.com aims to reach rural India, TIER 2 and 3 cities as well through m-commerce, as it is now available on Android also. As jewellery is a luxury item, JewelsNext ensures that consignments are delivered to their doorstep safely. All the jewellery items sold by the website are certified by Institute of Diamond Trade India, headquartered in Delhi.