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David Geller: Expand Your Showroom for More Sales

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While there’s no magic formula to determine the ratio between shop and showroom, there are some great reasons to expand your existing showroom.

[dropcap cap=H]ow big should the shop be compared to the showroom? I’ve been asked this over and over again when I visit stores. If there is a magic ratio for showroom-to-shop space, I can’t give you one — it depends, of course, on the space you have available. But as a rule, always lean on the idea of more showroom area. [/dropcap]David Geller: Expand Your Showroom for More Sales

Many stores I’ve seen need more showroom space. The showroom is small and inventory is crammed into showcases.

One jeweler told me his formula and it seems to work well. He doesn’t put more than 10 pieces per linear foot in the cases. A 6-foot showcase doesn’t have more than 60 pieces of jewelry. He told me that when he uncluttered his cases this way average dollar sale increased, and the time to sell a customer decreased.

Most stores would do better to dedicate more space to the showroom. What would happen if you enlarged your showroom?

[number color=red value=1] It would force you to redecorate a showroom that was probably old and drab looking.[/number]
[number color=red value=2] Your larger store would look more successful. You want to step away from looking like a mom-and-pop jewelry store, even if you are one. [/number]
[number color=red value=3] You’d remodel the ceiling. Office tiles in the ceiling grid look like an office. Soffits that drop down look better. [/number]
[number color=red value=4]You’d change the lighting. New lighting is a must. One store I visited had old-fashioned drop lights and they were turned off because it made the showroom hot! The only lights illuminating the jewelry were fluorescent tubes. Yuk![/number]
[number color=red value=5] You could dedicate space to a kids play area, seating for hubbies and a sit-down area to help customers with custom design, along with a refreshment area. [/number]
[number color=red value=6]You could have your shop visible to the customers through a large glass window. Being visible builds trust in the customer’s eyes. If you’re going to have it visible, jewelers should be nicely dressed. I’d suggest logo shirts, khaki pants, nice shoes, not tennis shoes.[/number]

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David Geller is an author and consultant to jewelry-store owners on store management and profitability. E-mail him at [email protected].

[span class=note]This story is from the October 2009 edition of INSTORE[/span]

 

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When Sales Beat Projections, You Know Wilkerson Did Its Job

There are no crystal balls when it comes to sales projections. But when Thomasville, Georgia jeweler Fran Lewis chose Wilkerson to run the retirement/going-out-of-business sale for Lewis Jewelers and More, she was pleasantly surprised to learn that even Wilkerson could one-up its own sales numbers. “Not only did we meet our goal, but we exceeded the goal that Wilkerson had given us by about 134%,” she says. After more than 40 years in the business, Lewis says she decided a few years ago to “move towards retirement.” And she was impressed by Wilkerson’s tenure in the industry. Overall, she’d recommend the company to anyone else who may be thinking it’s time to hang up their loupe. “As a full package, they’ve done a very good job and I’d definitely recommend Wilkerson.”

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David Geller

David Geller: Expand Your Showroom for More Sales

mm

Published

on

While there’s no magic formula to determine the ratio between shop and showroom, there are some great reasons to expand your existing showroom.

[dropcap cap=H]ow big should the shop be compared to the showroom? I’ve been asked this over and over again when I visit stores. If there is a magic ratio for showroom-to-shop space, I can’t give you one — it depends, of course, on the space you have available. But as a rule, always lean on the idea of more showroom area. [/dropcap]David Geller: Expand Your Showroom for More Sales

Many stores I’ve seen need more showroom space. The showroom is small and inventory is crammed into showcases.

One jeweler told me his formula and it seems to work well. He doesn’t put more than 10 pieces per linear foot in the cases. A 6-foot showcase doesn’t have more than 60 pieces of jewelry. He told me that when he uncluttered his cases this way average dollar sale increased, and the time to sell a customer decreased.

Most stores would do better to dedicate more space to the showroom. What would happen if you enlarged your showroom?

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[number color=red value=1] It would force you to redecorate a showroom that was probably old and drab looking.[/number]
[number color=red value=2] Your larger store would look more successful. You want to step away from looking like a mom-and-pop jewelry store, even if you are one. [/number]
[number color=red value=3] You’d remodel the ceiling. Office tiles in the ceiling grid look like an office. Soffits that drop down look better. [/number]
[number color=red value=4]You’d change the lighting. New lighting is a must. One store I visited had old-fashioned drop lights and they were turned off because it made the showroom hot! The only lights illuminating the jewelry were fluorescent tubes. Yuk![/number]
[number color=red value=5] You could dedicate space to a kids play area, seating for hubbies and a sit-down area to help customers with custom design, along with a refreshment area. [/number]
[number color=red value=6]You could have your shop visible to the customers through a large glass window. Being visible builds trust in the customer’s eyes. If you’re going to have it visible, jewelers should be nicely dressed. I’d suggest logo shirts, khaki pants, nice shoes, not tennis shoes.[/number]


David Geller is an author and consultant to jewelry-store owners on store management and profitability. E-mail him at [email protected].

[span class=note]This story is from the October 2009 edition of INSTORE[/span]

 

Advertisement

SPONSORED VIDEO

When Sales Beat Projections, You Know Wilkerson Did Its Job

There are no crystal balls when it comes to sales projections. But when Thomasville, Georgia jeweler Fran Lewis chose Wilkerson to run the retirement/going-out-of-business sale for Lewis Jewelers and More, she was pleasantly surprised to learn that even Wilkerson could one-up its own sales numbers. “Not only did we meet our goal, but we exceeded the goal that Wilkerson had given us by about 134%,” she says. After more than 40 years in the business, Lewis says she decided a few years ago to “move towards retirement.” And she was impressed by Wilkerson’s tenure in the industry. Overall, she’d recommend the company to anyone else who may be thinking it’s time to hang up their loupe. “As a full package, they’ve done a very good job and I’d definitely recommend Wilkerson.”

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Most Popular