Online jewelry sales are expected to reach $3.2 billion this year, compared with
$2.5 billion last year. Overall, 8% of all jewelry sales in 2005 are expected to come from the Internet, up from 6% in 2004
and 3% in 2002. BlueNile forecasts 2005 sales of $205 million to $215 million, up from $169 million in 2004. Ann Poletti at
eBay said, they do $1.6-$1.7 Billion in jewelry and watches, and she gave me these two statistics: 50% ($0.8M) is in diamonds
and watches. 50% ($0.8M) is in rings and watches. These are very compelling numbers, indicating a very compelling
opportunity.
