ITV

Tag: Manuj Goyal

  • Gemporia TV hops on to Tata Sky platform

    Gemporia TV hops on to Tata Sky platform

    MUMBAI: India’s live jewellery shopping channel Gemporia TV has hopped on to the Tata Sky direct to home (DTH) platform.

    The channel will be available on channel no. 155 in Tata Sky.

    It may be recalled that Indiantelevision.com had reported earlier this month that the channel was eyeing revenue of Rs 60 – 100 crore by the end of 2016 and was looking at expanding its presence in the market by launching on Tata Sky. The shopping platform has been available on other DTH operators like Dish TV and Videocon d2h since September 2015.

    With a market presence of 11 years in the UK, the channel has seen a rapid growth in the overall jewellery retail, and claims to achieve almost eight per cent market share of all hallmarked jewellery sold in the UK. The platform also claims to sell over nine million pieces worldwide all through e-commerce and television.

    Gemporia TV co-founder Manuj Goyal said, “In India, we bring you these exquisite pieces, directly from our factories to your home, eliminating all middlemen, bringing the costs lower and at direct-to-home prices. We are enlivened with Gemporia’s expanded audience base of over 50 million homes with the launch on Tata Sky, one of the leading DTH providers in India. Our intention is to be available across DTH platforms and gradually move our presence on cable.”

    He further added, “Our product size is constantly increasing to fit the business needs. The jewellery ranges from earrings to necklaces to charms to rings for women and men, in multiple styles. Our average item value has been Rs 4216. For Sterling Silver jewellery, our sweet spot is Rs 999. For Gold Jewellery, we have seen maximum sales in Rs 5000 to 8000 pricing category. Rings are currently 50 per cent of our sales, I guess as most retailers find it challenging to stock rings in different sizes. We keep a wide variety of gemstone jewellery – Rubies, Emeralds, Sapphires, Tanzanites, Pearls, Topaz, Opals, Amethyst, Citrines, Garnets, Onyxs, Tourmalines besides Diamonds. Our presence on Tata Sky brings a whole new audience with a completely different demographic. We are excited to see how these numbers will shift.”

  • Gemporia TV hops on to Tata Sky platform

    Gemporia TV hops on to Tata Sky platform

    MUMBAI: India’s live jewellery shopping channel Gemporia TV has hopped on to the Tata Sky direct to home (DTH) platform.

    The channel will be available on channel no. 155 in Tata Sky.

    It may be recalled that Indiantelevision.com had reported earlier this month that the channel was eyeing revenue of Rs 60 – 100 crore by the end of 2016 and was looking at expanding its presence in the market by launching on Tata Sky. The shopping platform has been available on other DTH operators like Dish TV and Videocon d2h since September 2015.

    With a market presence of 11 years in the UK, the channel has seen a rapid growth in the overall jewellery retail, and claims to achieve almost eight per cent market share of all hallmarked jewellery sold in the UK. The platform also claims to sell over nine million pieces worldwide all through e-commerce and television.

    Gemporia TV co-founder Manuj Goyal said, “In India, we bring you these exquisite pieces, directly from our factories to your home, eliminating all middlemen, bringing the costs lower and at direct-to-home prices. We are enlivened with Gemporia’s expanded audience base of over 50 million homes with the launch on Tata Sky, one of the leading DTH providers in India. Our intention is to be available across DTH platforms and gradually move our presence on cable.”

    He further added, “Our product size is constantly increasing to fit the business needs. The jewellery ranges from earrings to necklaces to charms to rings for women and men, in multiple styles. Our average item value has been Rs 4216. For Sterling Silver jewellery, our sweet spot is Rs 999. For Gold Jewellery, we have seen maximum sales in Rs 5000 to 8000 pricing category. Rings are currently 50 per cent of our sales, I guess as most retailers find it challenging to stock rings in different sizes. We keep a wide variety of gemstone jewellery – Rubies, Emeralds, Sapphires, Tanzanites, Pearls, Topaz, Opals, Amethyst, Citrines, Garnets, Onyxs, Tourmalines besides Diamonds. Our presence on Tata Sky brings a whole new audience with a completely different demographic. We are excited to see how these numbers will shift.”

  • Gemporia targets revenue of Rs 60-100 crore; to launch on Tata Sky

    Gemporia targets revenue of Rs 60-100 crore; to launch on Tata Sky

    MUMBAI: Digitisation of cable television in India has opened up the space for many a niche channels. And taking advantage of this are brands and companies operating in diverse fields. One such company is Gemporia – jewellers from the United Kingdom, which forayed into India with the launch of a television channel back in September 2015. The channel, which is already available on direct to home (DTH) platforms like Dish TV and Videocon d2h, is all set to launch on Tata Sky in the next fortnight.

    What’s more, the channel is eyeing revenue between Rs 60 – 100 crore by the end of 2016. With the ethos of ‘Janiye aur Kharide’ (Know and Buy), the channel has a marketing budget of over Rs 25 crore, which it will strategically dish out with time. “The end goal is to be the largest selling jeweller in terms units and to reach that goal we will need to have an interactive marketing campaign. We are moving ahead towards that, the medium will depend on the marketing strategy, but we will innovate across platforms,” said Gemporia India co-founder Manuj Goyal.

    With the proliferation of the e-commerce space, there are a number of online stores selling jewellery in India. However, the online retailing of original jewels is yet to pick pace. Keeping the scenario in mind, Gemporia has taken TV route and has over 14 hours of live programming.

    The channel’s distribution and operation cost is predicted to be over Rs 50 crore. Goyal informs that the channel’s initial target is to be available on DTH platforms and then gradually move having a presence on cable.

    Gemporia has over eight per cent market share when it comes jewellery in the UK. “Majority of the jewellery shopping happens online across the globe. And I believe the same can happen in India too,” says Goyal.

    The venture has a target set to reach 100 million television audiences. Set up in Jaipur, Gemporia has 160 employees, of which 30 are equipped with GIA certificate.

    “All our products are hallmarked and we don’t sell imitation jewellery. We are the first dedicated jewellery channel with live programming. We stand by the purity of our jewellery and hence give our consumers the option of returning the jewellery within 30 days with full refund. Since we cannot offer consumers the touch and feel of our products, we create 360 degree videos of the product that consumers will eventually invest in,” informs Goyal.

    In a bid to stay ahead of online jewellery marketplaces, Gemporia decided to take the TV route. “Next to touch and feel is video and that’s where we have an advantage. Additionally, in most online stores, the products displaced are not ready and hence the delivery time is way more than us. Ours is a dedicated jewellery company and the product displayed is available for consumers to buy. The moment they buy a piece of jewellery, we can ship it and hence the logistics are way faster than the existing online stores,” says Goyal.

    A home shopping channel media expert says on condition of anonymity, “The jewellery space can pick up as it has the potential. But the product pricing has to be lower than traditional physical stores. All across the globe, the products that sells on home shopping channels are unique and priced lower than those in brick and mortar stores. Putting common products up will go no where. Gemporia’s biggest challenge and competition will be from the channels selling imitation jewellery. The first year will be challenging and will define the fate.”   

    Besides TV, Gemporia also has an online presence. Through the website, an on-screen anchor addresses consumers’ questions. Additionally, Gemporia also has a mobile app to sort out size issues. The Gemporia Ring Sizer app enables consumers to asses the ring size by just putting it up on the mobile screen. “We send ring sizer with our every order to sort out the size issue,” informs Goyal.

    With innovation, novel offerings and customer service being the key factors for success for a venture, it now remains to be seen how this one of a kind television channel orchestrates its voyage in the cluttered and unpredictable Indian market.

  • Gemporia targets revenue of Rs 60-100 crore; to launch on Tata Sky

    Gemporia targets revenue of Rs 60-100 crore; to launch on Tata Sky

    MUMBAI: Digitisation of cable television in India has opened up the space for many a niche channels. And taking advantage of this are brands and companies operating in diverse fields. One such company is Gemporia – jewellers from the United Kingdom, which forayed into India with the launch of a television channel back in September 2015. The channel, which is already available on direct to home (DTH) platforms like Dish TV and Videocon d2h, is all set to launch on Tata Sky in the next fortnight.

    What’s more, the channel is eyeing revenue between Rs 60 – 100 crore by the end of 2016. With the ethos of ‘Janiye aur Kharide’ (Know and Buy), the channel has a marketing budget of over Rs 25 crore, which it will strategically dish out with time. “The end goal is to be the largest selling jeweller in terms units and to reach that goal we will need to have an interactive marketing campaign. We are moving ahead towards that, the medium will depend on the marketing strategy, but we will innovate across platforms,” said Gemporia India co-founder Manuj Goyal.

    With the proliferation of the e-commerce space, there are a number of online stores selling jewellery in India. However, the online retailing of original jewels is yet to pick pace. Keeping the scenario in mind, Gemporia has taken TV route and has over 14 hours of live programming.

    The channel’s distribution and operation cost is predicted to be over Rs 50 crore. Goyal informs that the channel’s initial target is to be available on DTH platforms and then gradually move having a presence on cable.

    Gemporia has over eight per cent market share when it comes jewellery in the UK. “Majority of the jewellery shopping happens online across the globe. And I believe the same can happen in India too,” says Goyal.

    The venture has a target set to reach 100 million television audiences. Set up in Jaipur, Gemporia has 160 employees, of which 30 are equipped with GIA certificate.

    “All our products are hallmarked and we don’t sell imitation jewellery. We are the first dedicated jewellery channel with live programming. We stand by the purity of our jewellery and hence give our consumers the option of returning the jewellery within 30 days with full refund. Since we cannot offer consumers the touch and feel of our products, we create 360 degree videos of the product that consumers will eventually invest in,” informs Goyal.

    In a bid to stay ahead of online jewellery marketplaces, Gemporia decided to take the TV route. “Next to touch and feel is video and that’s where we have an advantage. Additionally, in most online stores, the products displaced are not ready and hence the delivery time is way more than us. Ours is a dedicated jewellery company and the product displayed is available for consumers to buy. The moment they buy a piece of jewellery, we can ship it and hence the logistics are way faster than the existing online stores,” says Goyal.

    A home shopping channel media expert says on condition of anonymity, “The jewellery space can pick up as it has the potential. But the product pricing has to be lower than traditional physical stores. All across the globe, the products that sells on home shopping channels are unique and priced lower than those in brick and mortar stores. Putting common products up will go no where. Gemporia’s biggest challenge and competition will be from the channels selling imitation jewellery. The first year will be challenging and will define the fate.”   

    Besides TV, Gemporia also has an online presence. Through the website, an on-screen anchor addresses consumers’ questions. Additionally, Gemporia also has a mobile app to sort out size issues. The Gemporia Ring Sizer app enables consumers to asses the ring size by just putting it up on the mobile screen. “We send ring sizer with our every order to sort out the size issue,” informs Goyal.

    With innovation, novel offerings and customer service being the key factors for success for a venture, it now remains to be seen how this one of a kind television channel orchestrates its voyage in the cluttered and unpredictable Indian market.

  • DishTV takes shopping channels’ count to nine with Gemporia TV addition

    DishTV takes shopping channels’ count to nine with Gemporia TV addition

    MUMBAI: DishTV has added a ninth shopping channel called Gemporia TV, which is dedicated to gems and jewellery, taking its total channels and services count to 500+.

     

    The count of nine shopping channels on DishTV is the highest amongst any DTH player. Gemporia TV is available on all subscription packs, in all categories for its viewers.

     

    DishTV India chief operating officer Salil Kapoor said, “Being a pioneer and market leader DishTV has always stood up to its promise of providing unique content to its viewers. Gemporia TV is one such unique channel where people can buy gems and jewellery. Addition of Gemporia TV, ninth shopping channel on our platform also proves that due to undisputed leadership and popularity of DishTV platform amongst viewers, more and more shopping channels wants to get aligned with us.” 

     

    Gemporia TV co-founder Manuj Goyal added, “Gemporia manufactures the very best in stylish, affordable and responsibly made fine jewellery. Our unique business model involves using only genuine gemstones and precious metals to create beautiful timeless treasures. We make limited editions and bring them to you at Direct to Home prices, cutting out all the middlemen.”

     

    Gemporia founder Steve Bennet said, “An ever growing customer base across the globe, through our TV channels and website in the UK and US, Gemporia TV comes to our manufacturing home in India with the promise of being able to deliver even better deals. We are very happy to launch with DishTV in India, a leader in content and technology innovation.”

     

    Subscribers of DishTV will be able to watch this new channel on LCN 116.