In our previous article covering the best day to buy jewelry online, we analyzed the price change activity of the overall jewelry category. We received great feedback from our readers, who also suggested that we perform an even deeper segmented analysis, diving into price change trends and activity on specific categories such as rings, necklaces, bracelets, charms, and pendants.
In this version, we have analyzed the top-selling jewelry categories and unlocked the best day to buy each item based on the number of price changes in the market. More specifically, we’re covering two categories: charms and pendants as well as bracelets.
Charms and Pendants
In the charms and pendants category, Wednesdays saw the greatest number of price changes, owning about 28% of the share, followed by Mondays at 16% and Tuesdays at 14%.
But that doesn’t mean that Wednesdays are the best time to buy those charms and pendants you’ve been eyeing. In fact, the opposite may be true. Our analysis shows that prices were raised more than lowered on Wednesdays. On the other hand, prices lowered more often on Mondays. So if you want the best deal, Monday is probably the day to buy.
The outlook for bracelets is a bit different still. The greatest number of price changes were observed on Mondays, but only 1% more than on Wednesdays. So, if you plan to buy bracelets, are Mondays or Wednesdays the best days?
Considering the seller action, Mondays are the best days to buy bracelets too, as prices tend to be lowered more often than they are raised. The opposite is true for Wednesdays. We can gather from this data that Mondays are most likely to be the best day to score those incredible deals (at least in these two categories).
Subscribe to our regular insights and watch as we cover more jewelry categories to get a better idea of the best time to buy specific kinds of jewelry. Next up, we’re diving deep into the best days to buy earrings, necklaces, and rings, so stay tuned.