Being in the midst of such challenging economic times, it's hard to fathom that people are even thinking of shopping for the upcoming Holiday. Well think again! People are not totally swearing off of buying gifts for loved ones, instead, they are shopping with a strategy by being more selective with their purchases.
"Quality over quantity and less is more will be the mantras controlling consumers' wallets, spelling good news for fine jewelry retailers. Our sales are expected to be up 10.1% over 2007 and 49% of holiday sales this year," says Debi Wexler, CEO of WhiteFlash.com, a premier online fine jewelry retailer. "Opposed to spending money on several lower quality items, consumers are viewing luxury goods as an investment."
You don't have to spend a large amount of money for luxury goods, and you can still purchase quality "bling" on a shoestring budget. For instance, Wexler's online trendsetting boutique, WhiteFlash.com (http://www.WhiteFlash.com/
Gifting with a cause is another powerful trend that stretches hard earned dollars way beyond their face value and will help sales for many retailers while at the same time, conscious spending is paramount and provides a good feeling about spending.
Feeding off of this trend means encouraging sales forecasts for retailers of fine jewelry due to the lasting and personal sentiments attached to such gifts, according to the "Today Show" financial expert, Jean Chatsky.
So regardless of your budget this Holiday, make your dollars count and remember that the most gratifying part of giving is the sentiment behind the gift.
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