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FINE JEWELRY PRESENTATION 2
NW
by
Nicole Wyant
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Updated Oct 3, 2021
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Chapters
00:00
Chapter 1
00:02
Chapter 2
00:04
Chapter 3
00:05
Chapter 4
00:06
Chapter 5
00:06
Chapter 6
00:08
Chapter 7
00:09
Chapter 8
00:10
Chapter 9
00:11
Chapter 10
00:12
Chapter 11
00:13
Chapter 12
00:14
Chapter 13
00:15
Chapter 14
00:20
Chapter 15
01:06
Chapter 16
01:43
Chapter 17
03:00
Chapter 18
03:52
Chapter 19
04:05
Chapter 20
05:06
Chapter 21
Audio Transcript
Auto-generated
00:01 - 00:04
Okay, hi, I'm back real quick because I rushed the
00:04 - 00:07
end of it and um I just want to do
00:07 - 00:10
like a minute or two for the company analysis.
00:12 - 00:14
So just real quick if you know and thank you.
00:17 - 00:19
Oh, so yeah, these are the trends more.
00:20 - 00:23
Um so I think I talked about this, the transformative
00:24 - 00:27
texture. I think we saw this initially more and costume
00:28 - 00:35
jewelry, but now it's accelerated to luxury jewelry, especially during
00:35 - 00:35
the pandemic.
00:36 - 00:39
Um I thought this was very interesting because it said,
00:39 - 00:41
you know, we were living our entire lives through a
00:41 - 00:46
screen and now you can see how it's affected our
00:47 - 00:51
trends in different aspects like jewelry for example, it pops
00:52 - 00:54
on and off the screen and this became a key
00:54 - 00:56
interest for engaging the customer.
00:56 - 01:01
So materials and textures with transformative textures such as tourmalet
01:02 - 01:05
opals and moon stones add unique and other worldly effects.
01:06 - 01:10
So yes, like also my company works with all these
01:10 - 01:11
kinds of things.
01:11 - 01:13
So that's why I also chosen because I've seen the
01:14 - 01:15
popularity in each of these trends.
01:16 - 01:19
So again, everyday essentials, it focuses on a minimalistic and
01:20 - 01:23
long lasting design that's escalated in the direction for fine
01:23 - 01:26
jewelry. So this is where essentials can be born every
01:26 - 01:28
day and have become a big opportunity for investment pieces
01:29 - 01:29
and gifting.
01:30 - 01:34
We've seen this more and more um with um men
01:34 - 01:39
gifting for women for uh whatever holidays, birthdays, stuff like
01:39 - 01:43
that. So core items are hoops and rings, chains, necklaces,
01:43 - 01:47
bracelets. So here's the company profile.
01:47 - 01:47
This is what I rushed.
01:48 - 01:50
I just wanted to get a little bit more um
01:50 - 01:52
into this a couple minutes if that's okay.
01:52 - 01:55
So we have Tanya Farrah find jury.
01:55 - 01:58
So this is a company I currently work for.
01:58 - 02:01
So Tanya Farrah specializes in one of a kind luxury
02:02 - 02:04
pieces ranging from gold chains too.
02:04 - 02:04
Extravagant pieces.
02:05 - 02:07
So they're a brand that has a mission to enhance
02:08 - 02:10
the women's beauty with exquisite design.
02:11 - 02:14
So With the variety of collections varying in prices from
02:14 - 02:16
1300 at the lower end to about 74.
02:18 - 02:20
Each piece is truly a work of art.
02:20 - 02:24
Additionally, Tanya Fair specializes in vivid coloured gemstone specially sourced
02:25 - 02:26
in new york city.
02:26 - 02:29
I talked about this before and then each piece has
02:29 - 02:33
an intricate detail that reflects um uniqueness of the brand
02:33 - 02:36
handcrafted and fully produced again in New york city with
02:37 - 02:38
18 carat gold and diamonds.
02:39 - 02:42
And this is the quality of Tanya's pieces, it's top
02:42 - 02:46
notch. Um we literally watch it be made from the
02:46 - 02:50
mold, the casting to the complete finished design, to picking
02:51 - 02:54
out each of the gems to photoshopping it to the,
02:55 - 02:55
to the client.
02:56 - 02:58
You know, it takes a lot but it's perfect for
02:59 - 03:00
um the clients.
03:01 - 03:04
So yes, that's a unique selling point for us as
03:04 - 03:06
well. So a little bit more on the company profile.
03:07 - 03:09
So precious gemstones are unique selling point for the brand
03:10 - 03:13
and the luxury market consists of black opal and moon
03:13 - 03:17
stones. The demographic for Tanya Farah jewelry are women in
03:17 - 03:18
the Adrian's generation X.
03:18 - 03:20
Aging towards 40 to 60.
03:21 - 03:23
And additionally many um gen X.
03:23 - 03:26
Men and the same injuries are postural clientele for presents
03:26 - 03:26
and gifts.
03:27 - 03:30
Like I said, um our clientele has a higher income
03:31 - 03:33
with a disposable income to spend on personal luxury goods.
03:34 - 03:36
We see this much more commonly for our brand.
03:37 - 03:41
Um Tanya is unmistakably a cook tour collection.
03:41 - 03:45
Sorry on the designer loves pieces that are easy to
03:45 - 03:47
wear in merchandise with anything in a women's wardrobe.
03:47 - 03:50
So those are some of the accomplishments on the right
03:51 - 03:53
and that some pieces that we sell.
03:55 - 03:56
Um These are some of the main competitors.
03:57 - 03:59
Also, it's a privately owned brand.
04:00 - 04:03
So the sales and stuff for private.
04:04 - 04:05
Um I don't think I was allowed to put that,
04:07 - 04:09
but I'm not sure I don't.
04:10 - 04:12
Okay, so next we have the luxury strategy.
04:13 - 04:16
So Tanya Farah jewelry, I talked about this in the
04:16 - 04:19
beginning as well is a brand that utilizes a variety
04:19 - 04:22
of different luxury strategies to keep customer engaged first.
04:23 - 04:26
Tanya Fira jewelry values the quality of products more than
04:27 - 04:30
anything when it comes to luxury products having top notch
04:30 - 04:31
quality is one of the most important factors.
04:32 - 04:36
Tani uses 18 carat gold and real precious gemstones especially
04:37 - 04:38
source everything in the United States.
04:39 - 04:44
Um fully designed by her um creating unique pieces for
04:44 - 04:46
each customer being able to go back and forth customizing
04:47 - 04:49
the piece to the customer's wish is something very unique.
04:50 - 04:54
Also like for example, if a customer wants alternating sapphires
04:54 - 04:57
and emeralds in the stone on the ring photo to
04:57 - 04:59
the right, you know, we can do that for them.
04:59 - 05:02
So I think that that's something super interesting.
05:02 - 05:04
We can easily change the price based on what the
05:04 - 05:07
customer wants based on all of that.
05:09 - 05:12
Um and this is the last slide um and then
05:13 - 05:15
another part of it is in order to keep the
05:15 - 05:17
customer happy and coming back to our luxury products, providing
05:18 - 05:20
the best customer service possible is absolutely necessary.
05:21 - 05:24
So going above and beyond such as private showings which
05:24 - 05:27
we do a lot um to show mock up pieces
05:27 - 05:30
or Photoshop custom jury is something we do that's very
05:30 - 05:33
important. So for example, we have a showroom based in
05:33 - 05:37
the city and very often people come and do private
05:37 - 05:42
showings and private um you know, picking out pieces for
05:43 - 05:45
an event or this or that and that's something super
05:46 - 05:49
interesting to us and it's a key strategy for building
05:49 - 05:53
a lifelong relationship with the customer and really making sales
05:53 - 05:56
and revenue, truly having a relationship is something that's so
05:57 - 06:00
helpful. So having an extremely hands on founder and owner
06:00 - 06:03
who owns personal relationships with each and every client is
06:03 - 06:06
a strategy in which we also can see um succeed
06:07 - 06:12
at. So yes, that is my project on um fine
06:13 - 06:16
jewelry and this was really awesome to research all this
06:16 - 06:18
and I love relating it to my job right now
06:19 - 06:21
because this is something I'm interested in working in.
06:21 - 06:23
So yes, so thank you so much.
06:23 - 06:23
Bye.
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