Connect with us

Editor’s Note: Attention: Truckload of Useful Information Ahead

Published

on

 

[dropcap cap=W]elcome to instore’s “Big Survey,” year four. It’s one of our annual projects that I’m most proud of. And one we couldn’t do without tons of support from those who read and support our mag.[/dropcap]

As usual, there’s a truckload of useful information here. But I want to make clear that, if you’re an established jeweler with a mature business, you should be careful how you use it. For some questions, being in the middle of the pack is a reassuring result. But in many others, you should ask yourself, “Is average really where I want to be?” Because average is the opposite of extraordinary. And customers don’t remember average.

Inside you’ll learn many interesting things about the finances, expenses, inventory and policies of American jewelers. But my personal favorite stuff is when we ask you about your life. A few lifestyle nuggests:

[li] You guys are definitely not fresh-faced babes. In fact, 60 percent of you are 50 or older. Which means that while you may not feel old, you are at least eligible to receive AARP magazine.[/li]

[li] 74 percent of you are at least pretty happy with your professional life (rating it 7 or higher on a 1-10 scale). And 82 percent of you are happy with your life as a whole.[/li]

Advertisement

[li] Almost half of you (47 percent) see yourself as lovers of jewelry who run stores, while the other half see yourself as businesspeople who sell jewelry. Hmmm

Lots more inside. Enjoy the issue![/li]

Wishing you the very best in business!

[email protected]

[span class=note]This story is from the October 2010 edition of INSTORE[/span]

Advertisement

SPONSORED VIDEO

It’s Going to Set Us Up Very Nicely for Retirement

You’ve worked hard all your life. And if you’re like most jewelers contemplating retirement, you’re hoping that your going-out-of-business sale will add to your nest egg — with minimal complications. That’s exactly what Doug and Jacki Friedrich, fourth-generation owners of Friedrich Jewelers Inc., of Vernon, Conn., experienced when they selected Wilkerson to run their sale. “Jewelers who are contemplating a sale should go with Wilkerson because of their experience,” says Doug. And with financial goals “exceeding expectations,” the couple can now focus on enjoying the next chapter of their lives. “It’s going to set us up very nicely for retirement,” says Jacki. “The money’s coming in and we have no complaints. It’s been wonderful.”

Promoted Headlines

Most Popular

David Squires

Editor’s Note: Attention: Truckload of Useful Information Ahead

Published

on

 

[dropcap cap=W]elcome to instore’s “Big Survey,” year four. It’s one of our annual projects that I’m most proud of. And one we couldn’t do without tons of support from those who read and support our mag.[/dropcap]

As usual, there’s a truckload of useful information here. But I want to make clear that, if you’re an established jeweler with a mature business, you should be careful how you use it. For some questions, being in the middle of the pack is a reassuring result. But in many others, you should ask yourself, “Is average really where I want to be?” Because average is the opposite of extraordinary. And customers don’t remember average.

Inside you’ll learn many interesting things about the finances, expenses, inventory and policies of American jewelers. But my personal favorite stuff is when we ask you about your life. A few lifestyle nuggests:

[li] You guys are definitely not fresh-faced babes. In fact, 60 percent of you are 50 or older. Which means that while you may not feel old, you are at least eligible to receive AARP magazine.[/li]

Advertisement

[li] 74 percent of you are at least pretty happy with your professional life (rating it 7 or higher on a 1-10 scale). And 82 percent of you are happy with your life as a whole.[/li]

[li] Almost half of you (47 percent) see yourself as lovers of jewelry who run stores, while the other half see yourself as businesspeople who sell jewelry. Hmmm

Lots more inside. Enjoy the issue![/li]

Wishing you the very best in business!

[email protected]

[span class=note]This story is from the October 2010 edition of INSTORE[/span]

Advertisement

Advertisement

SPONSORED VIDEO

It’s Going to Set Us Up Very Nicely for Retirement

You’ve worked hard all your life. And if you’re like most jewelers contemplating retirement, you’re hoping that your going-out-of-business sale will add to your nest egg — with minimal complications. That’s exactly what Doug and Jacki Friedrich, fourth-generation owners of Friedrich Jewelers Inc., of Vernon, Conn., experienced when they selected Wilkerson to run their sale. “Jewelers who are contemplating a sale should go with Wilkerson because of their experience,” says Doug. And with financial goals “exceeding expectations,” the couple can now focus on enjoying the next chapter of their lives. “It’s going to set us up very nicely for retirement,” says Jacki. “The money’s coming in and we have no complaints. It’s been wonderful.”

Promoted Headlines

Most Popular