Blue Nile And Diamond Retailing

  • Premium Essay

    Blue Nile

    1. How strong are the competitive forces confronting Blue Nile and other online retail Jewelers? Do five-forces analysis to support your answer. There are 27,000 jewelry stores in the United States making this industry fiercely competitive. The rival competitors have high fix costs and this is due to the fact the jewelry is expensive because of its luxury. The competitiveness stemmed from highly fragmented sales amongst local and other retail stores and the fact that there are many avenues in

    Words: 1569 - Pages: 7

  • Premium Essay

    Electronic Retailing

    chapter 15 Distributing Products is electronic retailing. As discussed in the chapter, nothing else in retailing has received more attention recently than electronic retailing. As far as I'm concerned, although it continues to grow much faster than retail sales through stores and catalogs and continues its trend of becoming a larger part of total retail sales, e- retailing would not replace traditional retail sales. Some crucial flaws of e-retailing make it impossible to replace the traditional sales

    Words: 892 - Pages: 4

  • Free Essay

    River Nile

    Introduction The Nile River is the longest river in the world, stretching approximately 6,700 km from its remote headwaters in eastern Africa to the Mediterranean Sea. The Nile and its tributaries flow through Eleven countries and the river basin drains over three million square kilometers (one tenth of Africa’s total land mass) and is home to more than 300 million people (many of them are among the world’s poorest). Because of its size and variety of climates and topographies, the Nile is one of the

    Words: 6762 - Pages: 28

  • Free Essay

    Diamonds

    century all known diamonds came from the Golconda region near Hyderabad in India. Pliny wrote an incredible account of how diamonds were found in an inaccessible valley. The locals threw meat into the valley and the diamonds stuck to it. Eagles carried off the meat to their nests from which the diamonds were recovered. At their peak the Golconda diamond fields probably supported many thousands of workers but were practically exhausted by the late seventeenth century. In 1844 diamonds were discovered

    Words: 380 - Pages: 2

  • Premium Essay

    Blu Nile Case

    Blue Nile Case Group D Monday and Wednesday 11:00-12:15 Anthony Allen, Laura Blakeman, Daniel DeMaiolo, Carla Hill, and Mason Shattuck 1 Industry Analysis: Dominant Economic Features Definition of Jewelry Retailing Industry & Nonstore Retailer Subsector According to the United States Census Bureau, the Jewelry Retailing Industry (NAICS code 448310) “comprises establishments primarily engaged in retailing one or more of the following items: (1) new jewelry (except costume jewelry);

    Words: 10869 - Pages: 44

  • Premium Essay

    Blue

    History of the Blues * In my Assignment I will be mostly taking about the ways that the blues has influenced culture. So what did the blues influence…? Everything. The blues influenced nearly every genre of music that came after it. Jazz in all of its various styles and flavors. From just a basic 12bars you get everything that you need in order to play great music. It’s not like without the blues we would not have any current music actually it’s a lot like that. The influence of blues can even be

    Words: 967 - Pages: 4

  • Free Essay

    Nile River

    That river is the Nile River. It is the longest river in the entire world, stretching from the very top of Egypt, all the way to the bottom of Uganda where it drains into Lake Victoria. The Nile River greatly affects the people who live along it. The land all along the Nile is very fertile and good for growing crops. Every year, the Nile overflows and sends minerals called silt onto the land. The silt makes the land more fertile for people to grow crops to eat and sell. The Nile also helps with transportation

    Words: 339 - Pages: 2

  • Premium Essay

    Blue Nile Case Study

    Blue Nile Inc. Created by A, B and C. Executive Summary Incorporated in 1999 as a Delaware corporation, Blue Nile Inc.is the leading online retailer of high quality diamonds and fine jewelry. Blue Nile offers its products for sale through the bluenile.com website in over 40 countries and territories throughout the world. The company is headquartered in Seattle, Washington and employs 206 employees as of December 2012. The objective of Blue Nile is to offer high-quality diamonds and fine

    Words: 6098 - Pages: 25

  • Free Essay

    Blue Nile Inc Management Evaluation

    Financial Analysis Project Part 2 SUMMARY OF MANAGEMENT DISCUSSION ANALYSIS Blue Nile, Inc. is the leading online retailer of high quality diamonds and fine jewelry. The company was formed in 1999 and is a Delaware corporation based in Seattle, Washington. The company’s customer base is in over 40 countries around the world. Blue Nile, Inc.’s fiscal year ends on the Sunday closest to December 31. Each fiscal year consists of four 13-week quarters. The key points of the management

    Words: 549 - Pages: 3

  • Premium Essay

    Blue Nile

    Blue Nile Case Group D Monday and Wednesday 11:00-12:15 Anthony Allen, Laura Blakeman, Daniel DeMaiolo, Carla Hill, and Mason Shattuck 1 Industry Analysis: Dominant Economic Features Definition of Jewelry Retailing Industry & Nonstore Retailer Subsector According to the United States Census Bureau, the Jewelry Retailing Industry (NAICS code 448310) “comprises establishments primarily engaged in retailing one or more of the following items: (1) new jewelry (except costume jewelry);

    Words: 10869 - Pages: 44

  • Premium Essay

    Retailing

    a magnet for more customers. Yes, anchor or big-box stores are also considered as department stores. 5. What lines of retail trade do you believe will be most affected by growth of retailing on the Internet? I think the store-based line of retail trade will be the most affected by the growth of retailing on the internet because, in all honesty, Internet has the ability to reach customers anytime and anywhere. It gives more convenience and access to the consumers. 6. Why isn’t Walmart a

    Words: 2701 - Pages: 11

  • Premium Essay

    Blue Nile

    Financial Position(with respect to sales): | Blue Nile | Zale | Tiffany | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 | Cost of sales79.6 | 78.3 | 50.96 | 52.9 | 42.2 | 43.5 | OperatingIncome5.4 | 6.4 | 0.33 | -11.74 | 13.85 | 16.28 | Inventory6.4 | 6.43 | 37.3 | 41.59 | 56.2 | 52.6 | Property Equip.2.55 | 2.42 | 13.93 | 13.38 | 26.01 | 25.2 | Below table shows the attributes of the products offered by the three companies. Blue Nile | Zale | Tiffany | * Highly customized * Tries

    Words: 746 - Pages: 3

  • Premium Essay

    Blue Nile

    1. Key success factors in diamond retailing: * Quality standard: gems quality, certification, design * High-end service: high price must be paired with customer experience and satisfaction * High degree of product knowledge: diamond is a luxury products sold at a very high price, hence sellers are expected to have wealthy knowledge of the product to be able to present and explain to customers * Brand: as high value product, quality, luxury and exclusivity are expected. Besides

    Words: 1902 - Pages: 8

  • Premium Essay

    Diamond Ethics

    Diamond Ethics Blood Diamonds, also referred to as conflict diamonds, are diamonds that derive from areas controlled by forces or sections opposed to lawful and internationally recognized governments, and are used to fund military action in resistance to those governments, or in breach of the decisions of the Security Council. These radicals sell these diamonds, and the money is used to acquire weapons or to fund their military actions, and used to bribe foreign officials. Blood Diamonds are often

    Words: 1514 - Pages: 7

  • Free Essay

    Nile Perch

    Nile Perch in Lake Victoria By Introduction Lake Victoria is largest lake in Africa, seventh largest in the world by volume. And second largest freshwater lake in the world. (PRINGLE, 2005) The lake is surrounded by three different country’s Tanzania, Uganda and Kenya. Figure 1 depicts Lake Victoria and the surrounding countries. All three countries share the lake and its resources, but one of the biggest issues is that the governing laws involving the resources and the lake regulations

    Words: 1912 - Pages: 8

  • Premium Essay

    Blues

    Finding Light through the Darkness In James Baldwin’s short story, “Sonny’s Blues”, the narrator which is Sonny’s brother, James attempts to understand the life of his younger brother Sonny. Through trials and tribulations both brothers see the light through the darkness that surrounds both of their lives. From childhood to adulthood, both brothers go through experiences, which would have an everlasting effect on their lives. The story is set in Harlem, New York City approximately after

    Words: 333 - Pages: 2

  • Free Essay

    Blood Diamond

    ENGL 1157 05/05/2013 Blood Diamond I think, Blood Diamond could have been little shorter. While the film includes a number of political and sociological insights, the story is tepid and loses momentum as the storyline bogs down. The main character, played by Leonardo DiCaprio, has an effective arc that is believable because it does not force him to act contrary to his nature, but it takes a long time for Blood Diamond to get us to DiCaprio's moment of recognition. Pacing issues aside, this

    Words: 1015 - Pages: 5

  • Premium Essay

    Blue Nile

    From: Blue Nile To: Board of Directors Re: Strategic Report Date: March 31, 2013 Executive Summary The mission of Blue Nile is to build a premier specialty retailer of jewelry by offering consumers high quality products at compelling values through empowering the shopping experience. We employee a best-cost provider strategy, focused on offering premium jewelry with attractive prices, while offering the shopper a comfortable and user friendly shopping experience. We aim to offer customers

    Words: 6224 - Pages: 25

  • Premium Essay

    Blue Nile

    Arden Brazzeal Case Study #4: Blue Nile Corporate Strategy 1. Prepare a five-forces model of competition in the online retail jewelry industry. Conclude as to the strength or weakness of each force as well as the attractiveness of the industry overall. Rivalry Among Competing Sellers- There are many competitors in the online retail jewelry industry with overlapping characteristics in their business models. A very similar competitor that Blue Nile faces is Diamonds.com. Diamonds.com has

    Words: 4551 - Pages: 19

  • Premium Essay

    Report on Argyle Diamonds and the Diamond Industry

    Report on Argyle Diamonds and the Diamond Industry 1 INTRODUCTION India was the only known source of diamonds before the eighteenth century when diamonds were discovered in Brazil. The modern diamond industry was born in 1867 when diamonds were discovered in the Kimberley region of South Africa. The De Beers mining company was formed and they controlled 80-90 per cent of the rough diamonds entering the diamond market. The De Beers share of the diamond market fell in the 1990’s when the Soviet

    Words: 2594 - Pages: 11

  • Premium Essay

    De Beers Diamond Company

    De Beers Diamond Company is an industry that currently produces $13 billion worth of rough diamonds each year, leading to the employment of 10 million people globally from mining to retailing. 70% of rough diamonds are sold for industrial purposes with the remaining 30% “gem quality” being distributed to experts for cutting, polishing and jewelry manufacturing (Stein, 2001). The global jewelry market has increased three-fold in the last 25 years and is currently worth $72 billion each year. Jewelry

    Words: 295 - Pages: 2

  • Premium Essay

    Retailing

    What is Retailing?  Retailing involves selling products and services to consumers for their personal or family use.  Department stores, like Burdines and Macy's, discount stores like Wal-Mart and K-Mart, and specialty stores like The Gap, Zales Jewelers and Toys 'R' Us, are all examples of retail stores.  Service providers, like dentists, hotels and hair salons, and on-line stores, like Amazon.com, are also retailers.Many businesses, like Home Depot, are both wholesalers and retailers because they

    Words: 339 - Pages: 2

  • Premium Essay

    Blue Nile

    bstract Blue Nile management supports shifting the company’s current competitive strategy from focused-low cost to broad low-cost in an effort to increase market share in the United States. Blue Nile will accomplish this by expanding its product line to include all types of fine jewelry and by introducing a signature jewelry collection. Product expansion will appeal to a larger customer base thus marketing will have to be significantly increased to inform new customer targets. The company’s current

    Words: 327 - Pages: 2

  • Free Essay

    The Nile Expedition

    The Nile expedition It was the winter of 1884-85, and for almost 400 Canadians it was a winter like no other. Instead of the sub-zero temperatures of their country, they faced the heat of the Sudan in far off sub Saharan Africa. The men were attached to British General Sir Garnet Wolseley’s Nile expedition. Their job was to help save Major-General Charles Gordon who was besieged at the Sudanese capital of Khartoum, sited on the Nile south of Cairo, Egypt. For that journey, a great number of voyageurs

    Words: 509 - Pages: 3

  • Premium Essay

    Blue Nile

    Introduction Blue Nile is the largest online retailer of diamonds in the United States. The company offers more than 60,000 diamonds on its website. The national average for an engagement ring is $3,200 but Blue Nile exceeds this number by having a $5,600 average price1. With no physical stores, no intermediaries and offering products four times cheaper than rivals, Blue Nile has proven to be a successful online retailer. Blue Nile is directly competing with both online diamonds merchants and physical

    Words: 1882 - Pages: 8

  • Free Essay

    Blues

    a partir de la inquietud por investigar las distintas facetas del Blues y cómo este fue evolucionando a través de la historia. Una vez presentada la interrogante es posible definir los objetivos principales que fundamentalmente consisten en que el músico logre obtener las herramientas para desarrollar el sonido y lenguaje del Blues y saber aplicar los conocimientos obtenidos para transformar un tema de cualquier estilo en un Blues. La forma de trabajo consiste en realizar escuchas de exponentes del

    Words: 16049 - Pages: 65

  • Premium Essay

    Blue Nile and Diamond Retailing

    firm. To this end, the case highlights the supply chain structures and performances of three firms in the diamond retailing industry: Blue Nile, Zales, and Tiffany. Blue Nile’s supply chain structure is geared toward a pure centralized e-business; Zales sells merchandise primarily through stores but recently added an online channel; and Tiffany also uses an online channel but most of its diamond and other high-end products are sold through stores. The case is designed to foster discussion of the three

    Words: 2496 - Pages: 10

  • Free Essay

    A Blue

    Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue blue blue blue blue blue blue blue blue blue Blue

    Words: 360 - Pages: 2

  • Premium Essay

    Retailing in India

    project. At the end I would also love to thank my family and friends for their immense love and support. Pathan Shahid Khan TABLE ,OF CONTENTS * | * INTRODUCTION | | * | * REVIEW OF LITERATURE * Retailing in India * Unorganized Retailing * Organized Retailing * Present Indian scenario * Traditional retail scene in India | | * | * OBJECTIVES * SCOPE OF STUDY | | * | * RESEARCH METHODOLOGY * Methodology adopted * Sources of data collection * Sample

    Words: 14895 - Pages: 60

  • Premium Essay

    Diamonds

    are sufficient to service debt obligations. As a result the dollar, due to international regulations, is the currency for transactions involving diamonds,Sparkle must comply the law, but the dollar and countries that use it as their primary currency does not significantlyinfluence prices of diamonds since it is regulated and the main market for diamonds is located in Belgium countryusing the euro as primary currency. In this case, Sparkle would be in a situation where the volatility of the dollar

    Words: 1002 - Pages: 5

  • Free Essay

    Blue Diamond Walnts

    Blue Diamond Walnuts Kahlfanie Carabon Keller School of Management April 19, 2015 Executive Summary Today’s walnut market is growing increasingly. It is projected to increase by over 25 percent in the next 3 years, (USDA, 2014). There is a grand opportunity provided by the rise in walnut demand that come s in the form of a brand extension for Blue Diamond to extend its reach into the walnut market. This extension would be two fold. The first would be opening up production to support our walnut

    Words: 3422 - Pages: 14

  • Free Essay

    Green Retailing

    Green Retailing Jason Marquardt William Penn CWA Green Retailing Now a days a lot people are trying to go green to save the environment, from recycling tin, plastic and glass products that we use in our everyday lives to using products that are environmental friendly to clean our homes. Not only are retailers trying to make their products greener, they are also making their stores green as well. They are taking the building materials that go into the stores and building with recycled or locally

    Words: 767 - Pages: 4

  • Premium Essay

    Nonstore Retailing

    1.)(a) Nonstore retailing- it is alternatives such as online retailing are growing as a convenient way for two income households to shop. Television home shopping, direct mail, and catalogs also provide convenient retailing alternatives to these households. (b) The retailing mix- retailers will have to adjust their mix in terms of store hour and locations. Working couples may need to shop at less traditional times and in locations convenient form their work location. Also, credit cards and online

    Words: 665 - Pages: 3

  • Premium Essay

    Blue

    Blue is the colour between violet and green on the optical spectrum of visible light. Human eyes perceive blue when observing light with a wavelength between 450 and 495 nanometres. Blues with a higher frequency and thus a shorter wavelength gradually look more violet, while those with a lower frequency and a longer wavelength gradually appear more green. Pure blue, in the middle, has a wavelength of 470 nanometres. In painting and traditional colour theory, blue is one of the three primary colours

    Words: 543 - Pages: 3

  • Premium Essay

    Internnational Retailing

    London W1T 3JH, UK The International Review of Retail, Distribution and Consumer Research Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/rirr20 Failure in international retailing: research propositions Steve Burt , John Dawson & Leigh Sparks a a b c Institute for Retail Studies, University of Stirling, Stirling FK9 4LA, UK E-mail: s.l.burt@stir.ac.uk b The University of Edinburgh Management School, 50 George Square

    Words: 10620 - Pages: 43

  • Premium Essay

    Blue Nile

    strategy……………………………………………………………….. page 60 EVA……………………………………………………………………………… page 62 Blue Nile balance sheet…………………………………………………………… page 63 References…………………………………………………………………………. Page 64 Executive Summary Blue Nile is a publicly traded company. The company was established in 1999 and is headquartered in Seattle, WA and is one of leading online retailers of diamonds and fine jewelry. In addition to serving the U.S. market, Blue Nile offers products to selected countries through its Canadian and UK websites

    Words: 25869 - Pages: 104

  • Premium Essay

    Blue Nile

    was a great project for us. The focus of our examination was to identify the areas where Blue Nile Inc was doing well and point out some areas that require your immediate attention. We hope this analysis will benefit your company and guide it in the near future. PROBLEMS Blue Nile’s objective is to encourage customers to buy their products and that they are very strict in choosing their jewellery. Blue Nile is currently faced with some problems which have to be immediately addressed if they want

    Words: 261 - Pages: 2

  • Premium Essay

    Retailing

    Functions of retailing From the customer point of view, the retailer serves him by providing the goods that he needs in the required assortment, at the required place and time.  1. Arranging Assortment:manufacturers usually make one or a variety of products and would like to sell their entire inventory to few buyers to reduce costs. Final consumers, in contrast prefer a large variety of goods and services to choose from and usually buy them in small units.    2. Breaking Bulk: to reduce transportation

    Words: 3731 - Pages: 15

  • Premium Essay

    Blue Nile Case Study

    Altruism is defined as the belief in or practice of disinterested and selfless concern for the well-being of others and any behavior of an animal that may be disadvantageous for the individual, but that benefits others of its species (Oxford Dictionaries, 2011). The term “altruism” was coined by Auguste Comte (1798-1857), a French philosopher and social reformer and the theory was espoused by Prince Peter Kropotkin (1842-1921), a Russian philosopher, as the 'law of mutual aid (Sociology Professor

    Words: 396 - Pages: 2

  • Premium Essay

    Blue Nile

    Jena Natale Strategic Management Blue Nile Case February 13, 2012 1. The competitive forces confronting the Blue Nile and other online retail jewelers are very strong. The competitive forces are strong because there are many jewelers who have both online and in store options. This gives the consumer knowledge of the company, their products, the quality, and the customer service. With exclusive online retail jewelers it is hard to get your name, product, quality, and customer service known

    Words: 812 - Pages: 4

  • Premium Essay

    Blue Nile Case Study

    the business model and challenges faced by Blue Nile Inc., attempting to answer the question of whether its strategy to remain number one in online diamond retailing will work. Analysis of competitive strengths, business model and business strategy have been completed, and an assessment of current strengths, weaknesses, opportunities and threats has been supported with recommendations on how to best align and act on a winning strategy in the online diamond space. Competitive Forces – Five Forces

    Words: 2265 - Pages: 10

  • Premium Essay

    Blue Nile

    confronting Blue Nile and other online retail jewelers? Which one of the fi ve competitive forces is the strongest? Do a fi ve-forces analysis to support your answer. 2. What key factors will determine a company’s success in the online jewelry business in the next 3-5 years? 3. What is Blue Nile’s strategy? Which of the fi ve generic competitive strategies discussed in Chapter 5 most closely fi t the competitive approach that Blue Nile is taking? What type of competitive advantage is Blue Nile trying

    Words: 305 - Pages: 2

  • Premium Essay

    Blue Nile History

    Blue Nile Inc. is an online specialty retailer of fine jewelry. Blue Nile was founded in 1999 and today is the largest online retailer of diamonds. Blue Nile is based in Seattle, Washington and competes with traditional jewelry stores such as Tiffany & Co., and online retailer stores such as James Allen. The key feature of being able to search through thousands of diamonds by carat weight, cut, clarity, color and other characteristics, is what attracts many customers to the website.[citation The

    Words: 759 - Pages: 4

  • Premium Essay

    Blue Nile

    independent contractor. | 2. BRIEF SUMMARY OF CASE SITUATION Business or Industry DescriptionBlue Nile had grown to become the world’s largest online retailer of certified diamonds and fine jewelry. | Blue Nile’s Current SituationBlue Nile reported $302 million in 2009. In 2010 Blue Nile management was concerned about the lingering effects of poor economic condition in the United States on the diamond jewelry industry and how it should pursue expansion in international business. | 3. INDUSTRY

    Words: 2110 - Pages: 9

  • Premium Essay

    Blue Nile

    How strong are the competitive forces confronting Blue Nile and other online retail jewelers? Which one of the five competitive forces is the strongest? Do a five-forces analysis to support your answer. Blue Nile, Inc has been keeping at the lead of the pack even through the harder economic times, even though it has slipped a little since the products are more of a luxury item rather than a necessity. With competition gaining on Blue Nile they need to review practices and procedures and not get

    Words: 980 - Pages: 4

  • Premium Essay

    Diamonds in Retail

    Introduction Emphasizing its focus on the diamond retailing industry toward the end of 2008, Blue Nile and Diamond Retailing have aggressively risen as a concern for businesses in the United States due to an economic downturn. The vast majority of diamond retailers are affected by this downturn. Given the basic performance information on Blue Nile, Zales, and Tiffany, our group will be analyzing all three companies and examining their business situations. Blue Nile is emphasizing how it has taken advantage

    Words: 629 - Pages: 3

  • Premium Essay

    Argyle Diamonds- Sales Management

    Analysis of Argyle Diamonds (SWOT) 4 3.2. Analysis of Argyle’s Marketing and Sales Strategy 5 3.2.1. Key Objectives 5 3.2.2. Strategies and Tactics (Value Chain Analysis) 6 4 Conclusion 8 5 Recommendations 9 5.2 Brown Diamond Sales Strategy 9 5.3 Other Recommendations and Sales Strategies 10 6 References 12 7 Appendices 13 Appendix A 13 Appendix B 14 Appendix C 15 Appendix D 16 Appendix E 17 Appendix F 18 1. Executive Summary The diamond industry is a burgeoning

    Words: 3654 - Pages: 15

  • Premium Essay

    Blue Nile

    1999 by Marc C. Vandon after purchasing an existing diamond dealer website that later became Blue Nile. By 2009 Blue Nile has become one of the largest online retailers of diamonds. Selling diamonds is not all that Blue Nile offers, amongst their diamond jewelry there are plenty of other gold, platinum, silver and pearl pieces for purchase. In addition to selling diamonds, it also offers platinum, gold, pearl, and sterling silver jewelry. Blue Nile is a publicly traded company that operates in 25 different

    Words: 1172 - Pages: 5

  • Premium Essay

    Retailing

    ------------------------------------------------- Retailing A person who can communicate well, convince people easily, and sell something right off, fit well in the retailing business. By serving as the middleperson of producers and consumers, a retailer can earn money easily by selling food, apparel, home furnishings, appliances, automobile parts, and many other kinds of goods. Retailing is selling goods directly to consumers. This entrepreneurial activity is based on the understanding that

    Words: 1813 - Pages: 8

  • Premium Essay

    Blood Diamonds

    crimes is for business, the diamond industry has taken pains to evade questions about its connections with Israel’s human rights abuses — and so far has escaped scrutiny from watchdog organizations. Representatives for 75 countries affiliated to the United Nations-based Kimberley Process Certification Scheme meeting in Kinshasa this week failed to reach agreement on the export of blood-stained diamonds from Zimbabwe. The elephant in the room was Israel’s burgeoning diamond exports which evade the

    Words: 336 - Pages: 2

+
-