Sunday, March 13, 2016

2011 Betrothal & Jewelry Numbers Released by TheKnot.com & WeddingChannel.com

-- Second Betrothal & Jewelry Survey of its Kind Supplies New Engagement Ring Figures and In Depth Insight into Buying Behaviour And also the Luxurious Engagement Ring Marketplace --

XO Group Inc. (NYSE: XOXO; xogroupinc.com), previously The Knot Inc., a worldwide media and technology leader with the top two wedding sites, TheKnot.com and WeddingChannel.com, Now released the outcomes of its own Betrothal & Jewelry Study, which Wed previously year. The most certain report on betrothal and Market Intelligence, a research section of XO Group Inc., monitors the $11 billion engagement band and wedding jewelry marketplace by catching and buying procedure along with the wedding ring marketplace.

Jewelry is an important portion of the marriage experience and also the 2011 multibillion-dollar business, said Kristyn Clement, Senior Manager of Supply this amount of comprehensive info to retailers expecting to improved Comprehend the decision making procedure of todays brides and bridegrooms when it involves the engagement ring.

2011 AVERAGE ENGAGEMENT RING & WEDDING RING NUMBERS

1. Engagement Ring Cost: ,200

2. Rocks

3. Princess (30%)

4. of white gold

5. Time It Takes for Bridegroom to Find Betrothal Ring: 3 months

6. Wedding Band Price: $1,126 for brides; $491 for bridegrooms

7. gold; for bridegrooms, 34% are white gold

8. than $8,000 on the engagement ring

9. Extravagance Engagement Ring Cost: ,500

10. Jewel; more than 2 carats total rocks

11. Luxurious Wedding Ring Price: $1,560 for brides; $731 for bridegrooms

KEY 2011 JEWELRY & SUGGESTION TENDENCIES

Bulk of Bridegrooms Ring Choice Not Changed by the Market. Simply 14% of bridegrooms maintained to have downsized the engagement ring on account of the Economical climate. Initially budgeted. few years back. ring (compared with $5,800 for couples participated in 2008).

Luxurious Ring Section Spends an Average of $13,500. Although round Section). Nationally, Conventional permission before proposing.

Customization Is Crucial, Particularly for High-End Ring Couples. Whether they entirely designed the ring independently using a jeweler or made custom changes to an existent layout, roughly two out of five Bridegrooms (41%) are picking to add private components to the betrothal ring. Customization is indeed more favored by the Luxurious Ring section as A lot more than half (59%) decide to feature custom layout parts.

Alternative Metals Increasingly Popular for Bridegrooms. Although white gold remains the most famous wedding band alloy, with Roughly one in three bridegrooms (34%) picking it, alternative metals are becoming ever more popular. In 2011, 27% of bridegrooms picked tungsten 13% for grooms married in 2008).

Where Are Bridegrooms Purchasing? Around two in five bridegrooms (39%) Bought at least element of the ring from an area or independent jeweler, national jewelry chain. And almost 1 out of 10 bridegrooms (9%) bought from an online retailer. Regardless of where its bought, are brides helping decide their very own ring? Yes. somewhat involved with the ring choice (65%), with almost a third (31%) Quite involved Which is, they shopped for and/or bought the ring Using their bridegroom. Also, 21% of brides will really see a retailer in person without her fianc, a decline from 30% for brides participated in 2008.

Custom Is Making a Comeback. Most bridegrooms are taking Custom to heart when they pop the question. In reality, 77% of bridegrooms popped the question on before popping the question.

Proposals Have Become More Public. While a proposals consistently a private second, theyre increasingly getting more public matters. In Maybe thats why 43% of bridegrooms meticulously planned the proposal all the way down to the final aspect and only 10% of bridegrooms winged it.

Guy-gagement Rings Are the Brand New Tendency. Brides arent the only ones with engagement rings these days. Bridegrooms are now choosing to wear Guy-gagement rings; 5% of grooms wear an engagement band along with the bride.

Regarding The Knot Market Intelligence 2011 Betrothal & Jewelry Study

More than 10,000 competent brides and 1,000 capable bridegrooms of interracial ethnicities, education and income amounts were polled across 50 states. & #13; All Competent respondents:

Were 18 or elderly U.S. Brides

1. Engaged Section Participated in between March 2010 and February 2011

2. Wed Section wed between March 2010 and February 2011

Research Inc. on behalf of The Knot Market Intelligence Group.

Topline data highlights In The Knot Market Intelligence 2011 Betrothal & Jewelry Study can be found at xogroupinc.com/tkmi, while whole custom evaluations and reports can be found for purchase by contacting insights@xogrp.com.

About XO Group Inc.

XO Group Inc. (NYSE: XOXO; xogroupinc.com), previously The Knot Inc., is a worldwide media and technology leader allocated Together with the sure info, products and guidance they have to direct Our family has grown to contain WeddingChannel.com, The Nest, The Bulge and Ijie.com. XO Group is understood by the business for being advanced in all media In the net to social networking and mobile programs, magazines and Novels, and video and our groundbreaking societal programs have ignited Ardent communities around the world. XO Group has leveraged its customer devotion into successful companies in online sponsorship and The organization is headquartered in New York City.

XO Group Inc.

Stephanie Fraiman, 212-219-8555 x1228

Associate Public Relations Supervisor

sfraiman@xogrp.com

Black engagement rings


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