How Vertical Integration At Shop LC Destroys Markup For 400% Of Jewelry Retailing
Home shopping chain to deliver sterling silver jewelry and lifestyle products under $ 10 during the extended shopping season
AUSTIN, Texas, 12 October 2021 / PRNewswire / – Shop LC is Getting ready for Christmas. With many retailers experiencing shipping delays due to labor shortages, Shop LC is encouraging consumers to shop smart and buy early. LC Shop Getting ready for Christmas kick-off October 15, 2021, with their very first Under $ 10 Lifestyle day.
Retailers selling jewelry to the public will brand their products heavily – sometimes up to 400%!
SHOP – LC SHOP
“The secret of our accessibility is vertical integration”, explains Amit Agarwal, president of the LC store. “Retailers selling jewelry to the public will brand their products heavily – sometimes up to 400%! Even their wholesale suppliers take a share, although it is much smaller, being closer to 40%. All of this means for consumers that there is little overhead. for the supply chain, but a lot of costs for them. Along the way, everyone does their part. As a vertically integrated company, we manufacture most of the products we sell. This means less intermediate margins and a better price for our customers. You just won can’t find another home shopping network that can offer Under $ 10 Lifestyle all day. ”
We all know the best way to avoid beacons is to go straight to the source. Through its parent company, Vaibhav Global Limited (VGL), Shop LC produces approximately 65% of its products. The rest comes from carefully cultivated and nurtured strategic partnerships with other suppliers and manufacturers who share the group’s goal of delivering joy.
Partners gain exposure through global retail channels and help fulfill VGL’s mission of providing one million meals a day to children in need by 2031. For every item purchased, Shop LC provides a meal for school children in the United States and India. Since 2017, more than 32 million have been provided.
While Getting ready for Christmas, buyers can expect many great deals. From Black Friday Doorbusters to Christmas stockings and even gifts from white elephants, there is something for everyone. During this holiday shopping season, the TexasThe e-commerce store and home shopping chain will offer gifts of all kinds at affordable prices, including sterling silver jewelry under $ 10, Under $ 10 on Fridays, and a special Under $ 8 december day.
To reduce buyers’ risk of choosing that perfect holiday gift, Shop LC is extending returns and money back guarantee up to January 17, 2022.
About the LC store
Based at Austin, Texas, Shop LC, is a wholly owned subsidiary of Vaibhav Global Ltd. (VGL), a vertically integrated company with global sourcing and manufacturing capabilities. Shop LC is a value-minded interactive retailer focusing on fine jewelry, beauty, fashion, home decor and lifestyle product categories. Established in 2007, Shop LC reaches approximately 73 million American homes through live high-definition programming available 24 hours a day, seven days a week, 365 days a year. Plus, every purchase provides a meal for a hungry child through the Your Food Purchase program. For more information, visit www.shoplc.com and download the interactive app from iTunes, Google Play, or many other streaming devices or TVs.
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SOURCE Boutique LC