Jumbo Gold and Diamonds Shift to Retail
Jumbo Gold and Diamonds' entrance into Singapore's retail market gives discerning customers the ability to customise their jewellery according to their preferred colour and gemstone type.
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Jumbo Gold and Diamonds, a trader in gold and diamonds, announced its strategic shift from wholesale to retail. With this move, Jumbo Gold and Diamonds hope to provide customers with affordable, customisable jewellery options in Singapore.
Jumbo Gold and Diamonds‘ entrance into the retail market with their store, Mark Gabriel Fine Jewellers, gives discerning customers the ability to customise their jewellery according to their preferred colour and gemstone type. In addition, cutting out the middleman allows Jumbo Gold and Diamonds to price their products more competitively than other retailers.
In recent years, the company has observed a trend of customers looking for alternatives to retail due to increasing dissatisfaction with off-the-shelf products, which are expensive and non-customisable.
Moreover, Jumbo Gold and Diamonds appeals to the growing segment of customers who prioritise ethical sourcing and sustainability efforts. Unlike retailers who fund middlemen and conflict causes, Jumbo Gold and Diamonds will ensure that it proceeds go directly to the local mining communities and families.
