test
More to shop for ‘smart’ jewelry this holiday season
From watches to activity trackers, the number of consumers who own something “smart” for their wrist could increase as much as 4 percent this holiday season, the NPD Group said.
Port Washington, N.Y.--From wearable devices to activity trackers, the number of consumers who own something “smart” for their wrist could increase as much as 4 percent this holiday season, according to recent data from the NPD Group.
The marketing consulting company said that when it comes to smartwatches, consumers at first were stalled by price tags and continued uncertainty about the functionality of the products. However, the release of the Apple Watch last April “has made majors ripples within the smartwatch sector.”
“(Apple Watch) is much more of a mainstream product than other generation one smartwatches,” said Weston Henderek, director of wearables and connected intelligence at NPD Group. He added that even Apple Watch may not reach its full potential until the launch of a second-generation version that could offer integrated cellular connectivity.
Integrated cellular connectivity refers to a smartwatch that will not be reliant on syncing with a smartphone to connect with a cellular network. The current version of the Apple Watch does not have its own cellular connectivity, explains David Riley of NPD Group. The device can connect to the iPhone via Bluetooth and then use the cellular connectivity of the phone but, without the phone, it has no ability to connect to a cellular network.
“Independent cellular connectivity is one of the key differentiators that will accelerate smartwatch growth even further in the coming year,” Henderek said.
Other types of smart devices--activity trackers and digital fitness devices--already have seen significant growth that will continue into the holiday shopping season, the NPD Group said. The retail sales of these items increased 120 percent in the first eight months of the year, from $343.5 million to $754.8 million.
“That level of growth is expected to extend through the end of the year, making activity trackers some of the hottest tech gifts this holiday,” said Ben Arnold, executive director and industry analyst of consumer electronics at NPD Group. “Awareness of these products has grown tremendously over the past year, and there are a diverse number of products on the market offering a variety of features and price points.”
He added that manufactures continue to partner with designers to increase the appeal of the products.
RELATED CONTENT: Hermes brings high fashion to Apple Watch
“There is a product for every type of consumer, from the most active athlete to the mom who
NPD Group said in November 2013, awareness of activity trackers was just more than 30 percent in the U.S. market, with younger consumers being the most knowledgeable. Now, in 2015, the situation has changed--close to 82 percent of the market knows about activity tracking devices.
“The wearables industry has come to a crossroads in the past six months, as the quality, depth and price points of activity trackers and smartwatches have expanded at a rapid rate,” Henderek said. “The two sectors are much more segmented now, with the activity tracker category in particular having a wide variety of price ranges, depending on features, quality and design.”
The Latest


A monthly podcast series for jewelry professionals

From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.

Test Podcast With Video. New interview with Ada Lovelace.

Abstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.

Ahead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.

The GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.

The ads celebrate the mall culture of the ‘80s and ‘90s.

Retail sales associates can access the video series on mobile to refresh their selling skills.

For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.

The November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.

Commercial production has begun underground at the Canadian diamond mine’s A21 pipe.

The Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.

Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.

The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.

A portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.

The company said Benjamin Clymer will return to his role as head of the watch news website, which will maintain editorial independence.







































