Gleem & Co. is the name of a new online marketplace for consignment jewelry and high-end watches. On the site, users are able to buy and sell a range of precious accessory items, from $300 designer bangles to $90,000 ruby rings. There are trillions of dollars in jewelry that ends up sitting in safety deposit boxes because its owner is sentimental or doesn't quite know what to do with it, but Gleem & Co. is a solution for those who want to get these pieces moving.
Beyond just serving as a place for jewelry to be bought and sold, Gleem also takes care to provide appraisals and offers options so that purchased pieces can be insured through BRINKS.
As well as being founded by a pair of Millennial entrepreneurs, Gleem & Co. appeals to others in this generation who value the convenience that one-stop shops provide.
Consignment Jewelry Marketplaces
'Gleem & Co.' is a Place to Buy and Insure One-of-a-Kind Pieces
Trend Themes
1. Online Consignment Jewelry - Online marketplaces like Gleem & Co. are disrupting the traditional jewelry industry by offering a platform for buying and selling a range of precious accessory items.
2. Precious Accessory Item Appraisals - The integration of appraisal services into online consignment platforms like Gleem & Co. presents opportunities for disruptive innovation in the jewelry market, providing confidence and transparency to buyers and sellers.
3. Convenience-driven One-stop Shops - The rise of one-stop shop platforms like Gleem & Co. addresses the convenience-seeking mindset of Millennials, offering a seamless solution for buying, selling, and insuring consignment jewelry.
Industry Implications
1. E-commerce - The emergence of online consignment jewelry marketplaces like Gleem & Co. is disrupting the e-commerce industry, providing a specialized platform for buying and selling precious accessory items.
2. Jewelry - The jewelry industry is being transformed by the presence of online platforms such as Gleem & Co., which offer an alternative channel for customers to buy and sell high-quality jewelry pieces.
3. Insurance - The integration of insurance options for purchased consignment jewelry on platforms like Gleem & Co. creates new opportunities for innovation and growth in the insurance industry, catering to the specific needs of valuable jewelry items.