Jewelry accessories for men, women and children are expected to hit $3.4 million this year, according to new sales projections.
The average jewelry item sold in 2016 is now $6,000.
Jewelry makers are looking for ways to boost sales, and they are making some big moves to entice customers to spend.
For example, some retailers are launching special deals that offer a discount to customers who buy jewelry with a coupon code that includes a free jewelry item.
The price cuts have been popular among men and women, who are more likely to want to get a special item.
Other retailers have also launched special deals, which include free shipping, free returns, and more.
A lot of jewelry makers are starting to focus on selling on the internet and in-store, instead of online, for customers to purchase online.
Jeweler Paul D. Dior is launching an online store for its men’s collections this year.
Other jewelry makers, including Brooks Brothers and Michael Kors, have also introduced in-person offerings to attract men.