By Invitation
Build your own tribe of loyal customers
Seth Godin, a well-known marketing guru, talks about the power of creating a tribe for your business in “Tribes: We Need You to Lead Us”. What’s a tribe, though? Imagine a group of people who share a passion.
They’re tied together by common beliefs, interests, or goals. Like traditional tribes, they have their own way of doing things, from what they eat to how they celebrate. They’re united by their likes, dislikes, and ways to tackle challenges. And every tribe has a leader who guides them.
Why is forming a tribe around your business a smart move? Take the opening of a new Apple store, for example. When one opened in Delhi, the line was huge, hours before it even opened. This isn’t just about loving iPhones. It’s about being part of the Apple tribe. This kind of loyalty isn’t limited to Apple. It’s seen in Starbucks fans and Harley-Davidson riders too.
Creating a tribe means your customers don’t just buy; they become your biggest fans. They talk about your products, share their experiences, and effectively do your marketing for you. Think about it: when was the last time you saw an ad for Apple or Tesla? They don’t need traditional ads because their tribes spread the word for them. This approach can transform your business.
How to build a tribe around your business?
Building a tribe isn’t just for the big names. Take Haldiram’s, for instance. It started small and grew big in India by creating a tribe of loyal customers. You can do the same for your business. You don’t need a massive tribe. Even a small group of 20, 50, or 100 members can make a big difference. Here’s how to start building your own tribe:
Focus on a small niche
Focusing on a small niche is crucial for building a tribe. Consider how successful brands have honed their focus: Dominos with pizza, Haldiram’s with vegetarian Indian street food, McDonald’s with burgers, Tesla with electric vehicles, and Nike with sports shoes. Apple excels by offering computer and mobile technology that combines a smooth, easy-to-use, and attractive interface for those willing to pay a premium. What sets you apart? Identify your unique offering, something your competitors lack. Reflect on feedback from customers who have been particularly enthusiastic about a certain product or service. That could be your niche. Building a tribe is challenging if you’re trying to appeal to everyone. Focus on attracting more customers who are passionate about what you specialize in.

Provide unmatched quality
Deliver unmatched quality in every aspect, from your product to your service. Aim to give your customers an outstanding experience, even if it means focusing on a smaller group. Excellence should be evident in your product, packaging, and after-sales service. Be extraordinary. It doesn’t matter if your product is affordable; what matters is fulfilling your promise. The experience customers have with your business is what cultivates loyalty.

Communicate constantly
Keep the lines of communication open with your customers to ensure they always remember you. Think about how McDonald’s outlets are often positioned at the entrance of shopping centers, making them hard to overlook. Apply a similar strategy for visibility. Stay engaged on social media, reach out through emails without overdoing it, and send polite updates about new products or services. Don’t forget to acknowledge special occasions. Whenever possible, go the extra mile to assist them. This level of attention strengthens the connection between your business and your customers.

Encourage community building
Encourage your customers to connect with each other by setting up spaces for them to communicate, like chat groups, online forums, or mobile apps. Motivate them to share their experiences and reward them with loyalty points they can use for future purchases.
If you’re already engaging with your community through social media, blogs, and email newsletters, you’re on your way to building a tribe. Keeping this community thriving requires continuous effort. You want to keep your current customers loyal and attract new ones. It’s about creating an environment where everyone feels they belong and are valued.

By Invitation
Diamond & Jewellery Industry: 2025 Review and Leadership View on 2026
By Akash Talesara, President : Sky Gold and Diamonds Ltd
From a leadership standpoint, 2025 was a year of stabilization and disciplined execution for the diamond and jewellery industry. It was not a year of exuberant growth, but one that tested operational resilience, capital efficiency, and strategic clarity. The industry navigated a complex environment shaped by uneven demand recovery and external trade-related pressures, while continuing to adapt to changing consumer behavior.
2025: A Year of Consolidation and Control
The industry in 2025 moved through a phase of consolidation and gradual normalization. Key markets including India, the Middle East, and the U.S. showed selective recovery. India remained the strongest pillar of demand, driven by weddings, festivals, and sustained aspirational consumption.


However, trade policy uncertainty—particularly U.S. tariff-related developments—had a visible impact on sentiment and trade flows. Export-oriented businesses faced cautious ordering patterns, margin pressure, and delayed buying decisions. These conditions forced companies to recalibrate pricing, reassess supply chains, and tighten risk management. While the impact varied by segment, the overall message was clear: agility and discipline mattered more than scale.
Consumer preference during the year remained firmly aligned toward lightweight, design-led jewellery and value-conscious diamond offerings. Organized players continued to strengthen trust through branding, certification, and transparency. Across the value chain, focus areas were clear—inventory rationalization, cost optimization, and prudent working capital deployment. Volatility in gold prices and selective softness in discretionary spending reinforced the need for operational rigor.


2026: Clearer Visibility and Structural Shifts
Looking ahead to 2026, I am cautiously optimistic. With improving visibility on global trade policies and a relatively stable macroeconomic environment, confidence is expected to recover progressively.
One of the most important structural shifts gaining momentum is the move toward lower karatage gold—particularly 9KT and 14KT—across daily-wear and lifestyle jewellery. Affordability without compromising design or durability is becoming central to consumer decision-making. Lower karat gold supports higher purchase frequency, attracts younger consumers, and enables volume-led growth across domestic and export markets.
Design will be the key differentiator in 2026. As the industry moves away from purely occasion-driven consumption toward everyday relevance, design-led innovation in daily-wear, office-wear, and lifestyle jewellery will define winners.


Today’s consumers are seeking jewellery that fits seamlessly into modern life—minimalist, lightweight, functional, and versatile. Pieces that can be worn comfortably throughout the day, layered easily, and aligned with contemporary aesthetics are increasingly preferred over traditional heavy formats. This shift is especially pronounced among urban and younger consumers, and it represents a long-term change in buying behavior, not a short-term trend.
Key Takeaway
The next phase of growth in the diamond and jewellery industry will be driven less by cyclical recovery and more by strategic execution—the right product mix, right pricing architecture, design differentiation, and disciplined capital management. Companies that align closely with evolving consumer expectations while maintaining operational efficiency will be best positioned to lead in 2026 and beyond.
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