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Godsontheplug, a renowned global custom jewelry company has disclosed plans to penetrate Nigeria’s Jewelry market, therefore deepening competition in the market.
Godson Umeh, founder and CEO of Godsontheplug has said his company which will launch in Nigeria soon has ongoing plans to fully penetrate the market and become the leading jeweler.
Umeh who is also a UK based Nigerian celebrity Jeweler, recently broke into the American Jewelry market and has shared his new vision for the fast growing business.
The custom jeweller whose business has spanned across the world in terms of prompt and reliable delivery said the company will expand beyond just the countries where it currently has clientele but will be represented in many more major cities across the world in no time.
Having top celebrities like Manchester City and England international Raheem Sterling, Nigerian sensation Zlatan Ibile as its clients, Godsontheplug is certainly the next big thing for Nigerian celebrities.
When asked about his plan for the business in five years time he said “to set up stores in major cities across the world”.
Umeh disclosed that what stands Godsontheplug out from other jewellers is its unique designs, the diamond quality, wealth of experience in the industry and his integrity when dealing with all clientele.
“We are very prompt, we deliver worldwide, I fly out personally to deliver all around the world”
According to research, the global gemstone and jewellery industry is currently worth about US$ 300 billion and is projected to cross the US$ 443 billion mark by 2023, a healthy growth of over 4.73 per cent per annum.
The huge market has as its global leader, India, with a market share of about US$ 60 billion as recorded in 2017 and is expected to reach $100-110 billion by 2021-2022.
It contributes around seven per cent of the country’s GDP, employing over 4.64 million workers which is estimated to rise by 2022.
IFEOMA OKEKE
