Major Developments Major Developments by Calendar Year

September 1, 2010

Many People are Using Mobile Internet – comScore

Filed under: Business — Tags: , , — Winson @ 6:05 AM

The number of people who use mobile are increased twice in the year of 2009 when we compare to the year 2008, according to comScore report. They are using these mobile devices to access the news and information on the internet.

News and information are accessed by 63.2 million people on their mobile devices in the month of January 2009 and they are accessed by 22.4 million people daily. This number is more than twice of the audience of the last year 2008. According to comScore, 107 percent increase in people using mobiles to access news and internet daily. By this we can say, there is growth in importance of the mobile medium because users are depending on their mobile phones to access information.

Day by day, accessing of the social networking and blogging by users is increasing and there is much growth in downloaded applications as well like because of this growth in news and information usage. The accessing of social networking site and blog increased by 427 percent from 2008 to 2009.

News and information was accessed by 22.3 million people through the downloaded application in the month of the January. 8.2 million users downloaded maps, it is most popular downloaded application among them. SMS was used by 32.4 million people to access the news and information in the month of January.

Most of the users who show the enthusiasm to use mobile news and information are young males with half of 18 to 34 year old males engaged in that activity. Females with the age of 18 to 24 also used this mobile internet. 40 percent of them were accessing it.

In this way mobile devices are used by many people, not only for one purpose for many purposes like access the news and information and maps, etc.

(more…)

June 11, 2010

Despite Slowdown E-Commerce At Pace Retail

Filed under: Business — Tags: — Winson @ 8:33 AM

E-commerce is the emerging trend of shopping in current world and many number of people prefer this style. This shopping style suffered a lot during the recession period and that incident led to shift in e-commerce existence.

According to analyst, in the recession time, it seemed that e-commerce is coming to an end. But in 2009, e-commerce managed to oppose the recession which dragged down the rest of retail formats with a final growth of 11% i.e. $155.2 billion noticed. Though this growth is very slow at least the pace of e-commerce is positive. According to the research of firm prediction, e-commerce of America will further grow up to 11%.

In previous year, online shopping growth was more than 20% per year. According to Forrester, 52% of all computer hardware, software and peripherals are bought online last year but growth in online sales of those products is likely to be slow considerably this year. According to Forrester’s e-commerce analyst high levels of growth is still remaining.

According to e-commerce analyst, in 2010, e-commerce will account for 7% of all U.S. shopping, excluding auto, travel, and prescription drugs and it could go high to 20% someday in future. As per the current condition every decision is blurry in nature. So, only a fresh decision could help to get success in coming time.

Hence, coming future can predict better and growing online marketing. A better and effective planning will definitely help to build that hope of growth. But in coming world no can predict which retailing will be more stable.

May 10, 2010

Diamond Imports Decline in US

Filed under: Shopping — Tags: , — Winson @ 3:14 AM

U.S. polished diamond imports at the time of April 2009 declined 47 percent to $794.2 million. Polished diamond exports descended to 46 percent to $589.8 million. Final polished imports, the magnitude to which imports topped exports, for the U.S. during April reduced to 52 percent to $204.4 million.

Rough imports dropped 64 percent to $20.6 million, and rough exports were reduced 40 percent to $12 million. Final rough imports dropped 76 percent to $8.6 million. The U.S. net diamond inventory, calculating total imports less than total exports, dropped 54 percent to $213 million in April.

The numbers also revealed identical declines, with polished imports declining by 51 percent to $3.2 billion, and polished exports reducing 44 percent to $2.6 billion. Net polished imports for the period from January through April in the U.S. were declining 68 percent to $575.8 million. Rough imports for that period dropped 77 percent to $60 million and rough exports were down 70 percent to $43.4 million. For net rough imports of $16.6 million, a decline of 86 percent was noticed from 2008. Till April 2009, the net diamond inventory dropped 69 percent to $592.4 million.

(more…)

May 4, 2010

Diamond Jewelry Sales Accounts More Than 50% Of US Market

Filed under: Shopping — Tags: , — Winson @ 7:07 AM

The total average ticket for anniversary jewelry is nearly $1,200. But the diamond jewelry sales worth $3,000 and above creates about half of total revenues from anniversary diamond jewelry. Thus, the opportunity for jewelers is to tap the market for higher ticket anniversary jewelry.

Diamond jewelry has a market share of 55% of total jewelery sales in the US market (source: Diamond Information Centre). Nearly 50% of worldwide diamond jewelery sales are generated in the US according to the Jewelry Industry Research Institute. Diamond jewelry had a share of 75% of the US division’s retail sales in fiscal 2009, which is same as that of previous years.

Retail jewelers announced that diamond jewelry sales were exceptionally weak during 2008 holiday selling season. According to preliminary data, it seems that diamond jewelry sales were reduced by 20-25 percent in the November-December period. For the complete year, the number of diamond jewelry sales were reduced by 8-9 percent in the U.S. Market. This also includes both specialty jewelers and other merchants who are selling diamond jewelry.

(more…)

American Consumers Give More Preference To Image

Filed under: Shopping — Tags: — Winson @ 7:06 AM

Americans generally have serious concerns with their physical appearance, and most of them are willing to attempt anything that will boost their image. According to survey conducted by an American Demographics, 87 percent of adults say that they are ready to change any part of their body for cosmetic reasons and only about 28 percent of American adults feel themselves attractive.

Primping (dressing neatly) and preening (beautifying) are integral human characteristics. People purchase jewelry to draw attention to a body part or distant from a body part.

Psychologists say that women more possibly takes care about how they look, whereas men assesses themselves by what they can do. Due to the inheritance in the human psyche, most jewelry is purchased by women.

A new study reveals that the richest Americans, who are upset by the state of the economy, are cutting back on expenditure on luxury items and jewelry, as they are more bothered about their own financial security and worried that the recession will last more than a year.

(more…)

« Newer Posts — Older Posts »

Powered by WordPress