SEEKING MEANING
Warm Hearts With This Essay Contest
Brilliant promotion idea from Krombholz Jewelers of Cincinnati: the jeweler asks customers to submit essays about pieces of jewelry that are important to them but need updating. Winner gets their jewelry updated, free. It’s a great way to get the word out about your store’s custom-design service – not to mention an almost surefire way to get some human-interest coverage in your local newspaper. (This year’s winner of the Krombholz contest was a woman who found her late father’s Navy dog-tag and wanted it turned into a locket.The result was some beautiful jewelry … and a beautiful story.)
WHAT’LL YA PAY?
Invite An Offer
Want to shake things up on your “last call wall” – the area of your store where you keep all your heavily discounted dogs? Take all the prices out of the case and put a sign on it which reads “Make me an offer!”
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JEWEL-A-MONTH
Will It Work?
You know Netflix — the online store that, for a monthly membership fee, allows you rent unlimited videos and keep them as long as you like? (The catch: you can’t get more videos until you return what you already have.) Now there’s a website called Bag, Borrow or Steal that is trying the same approach with expensive designer handbags. The level of subscription package purchased — ranging from Trendsetter ($19.95 per month) to Diva Deluxe ($174.95 per month) — determines whether customers can borrow a Coach mini-bag or a rare, pricey Hermes tote. It’s truly “handbag heaven” for customers on a budget. Can somebody pull off a similar approach with jewelry?
ENGRAVE SITUATION
Try This Close
One useful close for jewelry salespeople is the “engraving close”, says sales expert Dave Richardson. Wait for the customer to give a buying signal (e.g. “This would look really nice on her”) and then pounce on them with “What would you like to have engraved on the bracelet?” Once they tell you, make a note of it on the job envelope and presto!, you’ve got a sale. Hey, it’s better than those crusty old “Will that be cash or charge?” or “Shall I gift-wrap it for you then?” closes you’ve been using.
PEN PAL
Highlight Yourself
Networking expert Andrea Nierenberg brings a highlighter to every business event she attends. Why? Because highlighting her name on the inevitable computer-printed nametags helps her to stand out from everyone else. The score: Andrea 1, Anonymous Conference Attendees, 0.
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URGENT BULLETIN
When To Send
So what’s the best time to let loose your email bulletin? According to EMailLabs and CheetahMail, emails sent on Friday and Saturday get the highest open rates, while emails sent on Sunday and Monday get the highest clickthrough rates. So, depending on the action you’re seeking, pick one of those days for your promotional blast.
START FAST
Welcome Them Well
If you’ve got an opt-in list for your email bulletins, don’t just start them off with a boring, generic “thank you for signing up” message. Instead, give them a taste of what they’ll be getting — your most recent bulletin, or a message filled with special offers. Give your readers something to act on while they’re thinking about you.
URL LOVE IT!
Say It Quicker
It’s a mouthful telling customers your web URL. “Double-u, double-u, double-u, Acme Jewelry, dot com.” You can cut down the syllables significantly by using the increasingly popular “www” abbreviation — “triple dub.”