ANALYSIS OF THE PACKAGING MARKET FOR JEWELRY PRODUCTS AND PERSPECTIVES OF MANUFACTURING OF HANDMADE PACKAGING

Keywords: packaging, jewelry, marketing, promotion, innovation, epoxy resins

Abstract

As a result of the conducted research, it was determined that the intensification of competition also negatively affects the sales of the largest brands. The way to stay on the market and increase sales results is to use the potential of modern marketing strategies, including through the creation of unique packaging for the main products. The purpose of the article is to research the jewelry packaging market and develop production technology and methods of promoting handmade packaging based on epoxy materials. It was determined that segments of handmade products are widely represented on the world market, but there are periods when the demand for a specific type of product increases or decreases. The article is devoted to current trends in the development and promotion of jewelry packaging based on epoxy resin. The need to develop the production of handmade packaging based on epoxy materials and various fillers is substantiated. The price situation on the market of packaging products in the largest jewelry companies was analyzed. It has been seen that most jewelery retailers emphasize affordability by offering customers budget-friendly packaging options, especially for standard designs. Methods of production and promotion of jewelry packaging based on epoxy resin and fillers from production waste and glass scrap have been developed. It has been proven that the creation of packaging based on epoxy resins in a handmade style will give the opportunity to potential buyers in the form of jewelry stores to emphasize the uniqueness of their products and gain advantages over competitors. It was determined that the strategy for the promotion of the developed line should consist in the development of cooperation between packaging manufacturers and jewelry companies to form a line corresponding to the needs of customers in terms of color, design and size. The main directions of promotion of packaging for jewelry based on epoxy resins can be: development of cooperation with chains of jewelry; sales by companies specializing in the production of packaging directly through their own trading platforms on the Internet; creation of unique lines to the order of individual jewelry manufacturers according to their requirements.

References

Коршак Є.Ю., Суслова Т.О. Роль бренд-менеджменту у підвищенні продаж на прикладі компанії Pandora. Бренд-менеджмент: маркетингові технології. Матеріали V Міжнар. наук.-практ. конф. (Київ, 14 березня 2023 р.). Київ : Держ. Торг.-екон. Ун-т. 2023. С. 181–183.

Мельник Ю.В., Мякуш О.М. Сучасні тенденції електронної торгівлі на міжнародному ринку хендмейд-продукції. Modern Economics. 2020. № 21. С. 134–140. DOI: https://doi.org/10.31521/modecon.V21(2020)-21.

Каряка О.Ю., Костюченко Л.В. Упаковка як засіб просування та продажу ювелірної продукції. Проблеми підготовки професійних кадрів з логістики в умовах глобального конкурентного середовища: ХV МНПК 26-27 жовтня 2018 р. Київ : НАУ, 2018. С. 108–110.

Кобець Д.Л. Особливості маркетингової стратегії в ювелірній галузі. Вісник Хмельницького національного університету. Економічні науки. 2021. № 6. Т. 2. С. 118–123. DOI: https://orcid.org/0000-0002-4822-2951

Колесник О.В. Маркетингові стратегії управління збутом на ювелірному ринку. Технології та дизайн. 2014. № 4. URL: http://nbuv.gov.ua/UJRN/td_2014_4_14.

Korshak Ye.Iu., Suslova T.O. (2023). Rol brend-menedzhmentu u pidvyshchenni prodazh na prykladi kompanii Pandora [The role of brand management in increasing sales on the example of the Pandora company]. Brend-menedzhment: marketynhovi tekhnolohii. Materialy V Mizhnar. nauk.-prakt. konf. (Kyiv, 14 bereznia 2023 r.). Kyiv: Derzh. Torh.-ekon. Un-t, р. 181–183.

Melnyk Yu.V., Miakush O.M. (2020). Suchasni tendentsii elektronnoi torhivli na mizhnarodnomu rynku khendmeid-produktsii [Modern trends of e-commerce in the international market of handmade products]. Modern Economics. № 21. Р. 134–140. DOI: https://doi.org/10.31521/modecon.V21(2020)-21.

Kariaka O.Iu., Kostiuchenko L.V. (2018). Upakovka yak zasib prosuvannia ta prodazhu yuvelirnoi produktsii [Packaging as a means of promotion and sale of jewelry products]. Problemy pidhotovky profesiinykh kadriv z lohistyky v umovakh hlobalnoho konkurentnoho seredovyshcha: KhV MNPK 26-27 zhovtnia 2018 r. Kyiv: NAU. P. 108–110

Kobets D.L. (2021). Osoblyvosti marketynhovoi stratehii v yuvelirnii haluzi [Peculiarities of the marketing strategy in the jewelry industry]. Visnyk Khmelnytskoho natsionalnoho universytetu. Ekonomichni nauky. No. 6. T. 2. P. 118–123. DOI: https://orcid.org/0000-0002-4822-2951

Kolesnyk O.V. (2014). Marketynhovi stratehii upravlinnia zbutom na yuvelirnomu rynku [Marketing strategies of sales management in the jewelry market Marketing strategies of sales management in the jewelry market]. Tekhnolohii ta dyzain. № 4. Retreived from: http://nbuv.gov.ua/UJRN/td_2014_4_14.

Article views: 143
PDF Downloads: 67
Published
2023-08-29
How to Cite
Gontaruk, Y., Trapaidze, S., & Levchenko, Y. (2023). ANALYSIS OF THE PACKAGING MARKET FOR JEWELRY PRODUCTS AND PERSPECTIVES OF MANUFACTURING OF HANDMADE PACKAGING. Economy and Society, (54). https://doi.org/10.32782/2524-0072/2023-54-18