About the on-demand webinar
U.S. consumers spent $18.2 billion on Valentine’s Day gifts in 2017, with the largest share of that going toward jewelry purchases, according to the National Retail Federation. Meantime, the global luxury watch market is growing at a 3 percent annually compounded rate, reaching nearly $60 billion by 2021. All of which means more valentines can expect to be presented with a timepiece to mark their happily ever after relationships.
With increased sales and increased order volume during peak periods, like the run-up to Valentine’s Day, jewelry and watch sellers face an increased threat from fraudsters who look to take advantage of the higher volume and velocity the holiday brings.
In this webinar, Signifyd will outline the extraordinary challenges that retailers selling products to generous gift-givers face in terms of account history, address mismatches and high value orders.
During this webinar, we’ll:
- Outline the factors that make the Valentine’s Day shopping season especially perilous for jewelry and watch retailers.
- Relay the stories of jewelry and watch sellers who have successfully navigated peak selling seasons.
- Provide tips on ensuring that the customer experience for jewelry and watch buyers is delightful from the time the consumer starts browsing until the gift is delivered — and beyond.
- Describe how jewelers and watch sellers can efficiently manage fraud and offload the risk of fraud to ensure that they’re able to take full advantage of the increased sales the holiday brings.
Speaker
Sourabh Kothari
Director of Merchant Advocacy at Signifyd