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Manager's To Do

Fun, Sun and Strategy … And More Manager’s To-Do Items for July

Your managerial planning for the month starts here.

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Fun, Sun and Strategy … And More Manager’s To-Do Items for July

June 30-July 6

MANAGEMENT Summer is a time for fun, sun and strategy. To help you, a question to ponder from business author Jonathan Byrnes: Do we have bad profits? “Some investments look attractive, but they also take the company’s capital and focus away from its main line of business,” he explains.

COMMUNITY INVOLVEMENT It’s parade season. Dust off your store mascot suit and join in the Independence Day festivities. You’ll be spreading a message of fun, community involvement and jewelry care.

July 7-13

OPERATIONS Are there some summer days when you show up and just pretend to work? This month, experiment with an abbreviated week. Knowing you have less time to get things done might just prompt a burst of productivity — and give you the chance to better enjoy the warm months.

SECURITY Place height markers along doorways so police looking at surveillance footage can determine how tall a robber is.

OPERATIONS You should have this already, a file documenting employee performance through the year. Actually, you should be tipping your workers off about how they’ll fare in their annual reviews. This keeps everything moving along smoothly, and you avoid those dreaded showdowns when employees get defensive. This is also a good time to plot your compensation plans.

July 14-20

PROMOTIONS Try a vault sale: Take older merchandise and offer it to your best customers at “incredible” discounts. Clients love it and often buy a number of items.

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TRAINING Improve your staff’s question-asking skills with the Probing Game. Staff stand in a line, facing you or your sales manager, who kicks things off with the statement, “I’ve been looking for something for (insert occasion).” The first associate must ask a probing question about the customer’s needs, wants and desires. Fail to come up with one, and they sit down. Probing questions must be open-ended (who, what, when, where, how, why or tell me about your husband/wife …). Yes/no questions result in instant expulsion. Winner is last one standing.

July 21-27

TRAINING Discuss how to use company stories during sales presentations. Highlight how selling yourself and your store is just as important as selling the merchandise.

SERVICES If you don’t already, look into providing “Jewelry Box Reviews.” For $25, offer to evaluate a client’s fine jewelry collection to identify repair items, custom restyling options, and to document for insurance and estate purposes. It’s often a gateway to a series of custom design projects or repair jobs, appraisals, and gold and diamond buys.

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SPONSORED VIDEO

She Wanted to Spend More Time with Her Kids. She Called Wilkerson.

Your children are precious. More precious than gold? Absolutely! Just ask Lesley Ann Davis, owner of Lesley Ann Jewels, an independent jewelry store that — until the end of 2023 — had quite a following in Houston, Texas. To spend more time with her four sons, all in high school, she decided to close her store. Luckily, she was familiar with Wilkerson and called them as soon as she knew she wanted to move on to bigger, better and more family-focused things. Was she happy with her decision? Yes, she was. Says Davis, “Any owner looking to make that life change, looking to retire, looking to close, looking for a pause in their career, I would recommend Wilkerson. Hands down!”

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