Connect with us

INSTORE

10 Things that Jewelers Who Had a Great Christmas Did

‘Keeping our best sellers in stock helped make our holiday sales soar.’

mm

Published

on

10 Things that Jewelers Who Had a Great Christmas Did

The 2018 holiday season was a roller-coaster ride. Here, 10 jewelers identify the one thing that allowed them to end the season on a high.

1. Reordered quickly: “Keeping our best sellers in stock helped make our holiday sales soar.”— Karen Hollis, K. Hollis Jewelers, Batavia, IL

2. Focused on custom design: “Almost every customer wants custom tweaks done to their ring. Of course, there is and always will be a market for the less than $2,000 stock engagement ring that we must carry but almost anything above that price, clients want to custom order.” — Response provided anonymously via weblink.

3. Beefed up their e-commerce operation: “My online sales were phenomenal, more than double December last year.”— Janne Etz, Contemporary Concepts, Cocoa, FL

4. Stopped competing in categories where online sellers are strong: “Thank goodness we don’t rely on SKU’d inventory to stay in business. Internet sales have now taken away the bread-and-butter sterling silver sales.” — Beth Cevasco, Scott’s Custom Jewelers, Fairlawn, OH

5. Invested in social media advertising. “I only spent $50 tops on Facebook ads for Christmas and got a HUGE return on my investment.” — Response provided anonymously via weblink.

Advertisement

6. Stocked up on yellow gold: “We didn’t have enough selection in yellow gold. Yellow is back.” —– Connie Stagner, Acori Diamonds & Design, Friendswood, TX.

7. Stopped selling beads: “Finally, a Christmas without having to spend time selling Pandora. Profits and average sale way up. Investing in our staff training is and always will be our top priority.” — Scott Wickam, Goldsmith Gallery Jewelers, Billings, MT.

8. Went direct to “every door” with a mailer: “We did EDDM on a 16-page book we designed. Very pleased. Worth the dollars.” — Response provided anonymously via weblink.

9. Focused ad dollars on December: “We flip-flopped our marketing budget. Big bucks went into December, small bucks into November. Black Friday has become a non-event for us now.” — J. Dennis Petimezas, Watchmakers Diamonds & Jewelry, Johnstown, PA

10. Got personal: “Up 35 percent even though our neighbor was running a ‘70 percent off’ retirement sale. We went old school and handwrote a personalized greeting in our Christmas card. No TV, no radio, no print ads.” —Response provided anonymously via weblink.

Advertisement

Chris Burslem is Group Managing Editor at SmartWork Media.

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

Promoted Headlines

Most Popular