Industry overview
Why trust matters in jewellery.
Jewellery and watches carry high value in a small volume. The purity of gold, the quality of a stone or the movement of a watch cannot easily be judged by eye or in a brief look; the customer usually relies on the seller's statement and the documents accompanying the product. That makes certificates, warranty cards and boxes open to imitation too. Being able to verify the product's identity together with these documents is the basis of trust for both the customer and the point of sale.
The sector's supply chain runs from the mine to the refinery, from the workshop to the wholesaler and on to the retail window; products come back from time to time for maintenance, repair or resale. International rules on the origin of precious stones and metals also make it more meaningful to keep a record of the stages individual products pass through. And with copies of watches and jewellery circulating through small consignments and online listings, digital channels need to be monitored regularly.