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If there’s something you want to improve about your store, start measuring it, says marketing specialist Jimmy DeGroot. 

“The mere act of measuring makes things happen; it makes things change,” he says.

DeGroot tells the story of a jeweler in Texas who wanted to boost his store’s closing ratio. With no announcement, the jeweler started posting the closing ratio on the wall each day.

The staff looked at the closing ratio and found that it was lower than they would have expected. Soon, it began to rise.

DeGroot advises jewelers to “begin the discipline of regular observation.”

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He Posted This on His Store Wall … and Saw Immediate Sales Results

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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