Get All Access for $5/mo

This Entrepreneur Points Out Challenges Of Online Jewellery Purchase In India 'Buying ornaments offline involves a prolonged customer engagement, which online platforms don't allow'

By Nidhi Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Building trust among customers means everything to a brand. If your customers don't trust your brand, they will not buy your products — online or offline.

The idea of selling products online might seem simple to many, but it involves a lot of risks that crop up with time, especially if it's a jewellery brand.

In course of a conversation with the Entrepreneur India, Gaurav Singh Kushwaha, Founder & CEO of BlueStone.com, talked about the challenges in online jewellery space, besides highlighting the importance of building consumer trust for a particular brand, be it online or otherwise.

Trust Is Of Paramount Importance In Online Jewellery Space

"With time we have observed the shift in trend of purchasing goods online. A woman, shopping online since her 20-21 years of age, will be superb comfortable in the entire procedure involved and probably by the time of her marriage she will turn out to be a potential customer of buying gold online," he explained.

"Trust is not just important for online shopping. People won't visit your physical store if they don't trust your brand," he added.

According to Kushwaha, challenges in online jewellery space are plenty. "Currently, the purchase through this mode is less than one per cent in the country. This needs to grow and for that you have to win customers' confidence," he said.

Jewellery Portals Don't Allow Enough Consumer Interaction

Kushwaha stressed there were certainly some advantages of purchasing jewellery from physical stores that continue to lure customers.

"You can see a piece of jewellery, weigh it and check it from all sides before buying. Buying ornaments offline involves a prolonged customer engagement. Most jewellery sites don't allow such good interaction with products. A few images flash on the site and you have to select from them. I feel portals would work better for standard category goods like books or mobile phones, among others," he explained.

He added while purchasing gold, people seek deeper visual engagement. One needs to come up with a mechanism blending technology in the procedure to allow people to interact with the product in a better way.

With his jewellery start-up, Kushwaha is planning to launch a platform where one can actually have a feel of the product.

"When we started in 2012, it was a big deal to convince people that ornaments could be purchased online. With time, we have seen a change in people's buying patterns. Now, they are slowly opting for the online mode of purchase," he added.

Nidhi Singh

Former Correspondent, Entrepreneur Asia-Pacific

A self confessed Bollywood Lover, Travel junkie and Food Evangelist.I like travelling and I believe it is very important to take ones mind off the daily monotony .

Lifestyle

4 Ways To Use ChatGPT To Increase Your Productivity

While AI and ChatGPT are still developing technologies, there is still much to learn and explore. However, companies are already starting to see significant benefits from judicious use of these tools across departments and functions.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

News and Trends

Preity Zinta and Shubman Gill Launch DRIVE FITT Gym Chain

The flagship facility will open later this year, with plans to expand to 300 locations in three years, aiming to make top-tier fitness and cricket training widely accessible.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Fundraising

Netflix Co-Founder Marc Randolph Reveals the Magic Formula for Grabbing an Investor's Attention

On this episode of "Entrepreneur Elevator Pitch," tech entrepreneurs must explain complex solutions in 60 seconds or less.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.