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During the holidays, jewelry customers run the risk of buying something the recipient doesn’t actually like.

You’d think, then, that a store gift card might be the perfect solution.

So why doesn’t anybody buy them?

In the video below, marketing specialist Jim Ackerman notes that it’s a time of year when jewelers are running many other special offers. Gift cards, meanwhile, are purchased at full price.

So why not discount your gift cards? The strategy “could have a tremendous impact on your sales this holiday season,” he says.

In the video, Ackerman offers his reasoning plus a few tips and tricks to make the idea work.

Learn more:


How to Turn Your Gift Cards Into Something People Actually Buy

Jim Ackerman, “Marketing Coach to the Jewelry Industry,” is president of Ascend Marketing. Reach him at [email protected].

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MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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