Tired of your old luxury baubles? Do they hold a bad memory? Or is that diamond-studded bracelet just too last season? If they're from H. Stern, it's no problem. Just bring in your old jewelry and the store will let you pick something that suits your fancy. Don't see anything that catches your eye? Get store credit instead.
Bad breakup? Ladies and gents can return rings from relationships that left them broken hearted. Buy yourself a little something to console yourself, get a a special gift for a loved one, or just get store credit for when your real soul mate surfaces.
Bauble Trade-In
New H. Stern Jewels For Your Old Ones
Trend Themes
1. Bauble Trade-in - Disruptive innovation opportunity: Create a platform or app that enables customers to trade in their old luxury jewelry for new ones online.
2. Emotional Jewelry Trade-in - Disruptive innovation opportunity: Develop a service where customers can trade in jewelry that holds emotional significance for new pieces that better suit their current needs or desires.
3. Store Credit for Jewelry Trade-in - Disruptive innovation opportunity: Implement a system in jewelry stores that allows customers to trade in their old pieces for store credit, which can be used for future purchases.
Industry Implications
1. Luxury Jewelry - Disruptive innovation opportunity: Create a subscription-based service that allows customers to regularly trade in and update their luxury jewelry collection.
2. Online Jewelry Trading - Disruptive innovation opportunity: Build an online marketplace that connects sellers and buyers for trading and exchanging luxury jewelry.
3. Blockchain and Jewelry Ownership - Disruptive innovation opportunity: Utilize blockchain technology to provide a transparent and secure platform for trading and verifying ownership of luxury jewelry.