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Inbox: March 2016

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Leecy Madison of Leecy Madison Original Jewelry passes time reading INSTORE while waiting for her ride to the airport at the Viscount Hotel in Tucson after the show.. Have a pic of yourself reading INSTORE or wearing a Brain Squad or Jewelry Geek T-shirt? Send it to us at [email protected].

Willing to Try Something

Really enjoyed the “Build a Better Salesperson” article (February INSTORE). I have learned most of the ideas work very well, but am always willing to try something new to better our store and each person.
— Jim Alati, Simmons Fine Jewelry, Boise, ID

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This article originally appeared in the March 2016 edition of INSTORE.


Who Needs a Large Inventory?

Seems that there is a lot of confusion about the diamond market. No one seems to know what direction we are going in. The magazines and vendors seem to recommend the bridal business but customers just don’t seem to have the money to spend on a good quality 1-carat diamond. Our older clients are the ones with the money and they want quality! So why should we as jewelers have a lot of dollars tied up in expensive inventory!
— Teddie Gause, Gause and Son Jewelers, Ocala, FL


The Viability
of Diamonds

With recent discussions about lab-grown diamonds, the Rapaport Group taking on DeBeers over pricing, lab certificate issues, etc. I find it interesting (and amazing, actually) that many people are wondering if there is a viable alternative to diamonds. Some, it seems, are actively looking into it with the hope that there is. Some are even taking a good-riddance attitude if it happens. Wow, just wow!
— Alex Weil, Martin’s Jewelry, Manhattan Beach, CA


Knockoffs a Scourge

Knockoffs. Replicas. Counterfeits. These are the scourge of our industry. The theft of a designer’s work serves not only to dilute the impact of original designs (making them less valuable emotionally) but to also train consumers to believe that no matter what they want, it can be had elsewhere for cheap. When the conversation stops being about originality, exclusivity, and story — it’s all about price. It is not sustainable and harms the industry long term. We all sell jewelry and each experience should be special yet instead we are allowing ourselves to turn into the Amazon.com of the truly precious, fighting over table scraps of consumer confidence and loyalty. Shame on those who don’t see the problem. You are what’s wrong with us and you are why consumers complain about price.
— Deric Metzger, DeMer Jewelry, Carlsbad, CA



Send your letter to INSTORE’s editors at [email protected].

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SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

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Inbox

Inbox: March 2016

Published

on

Leecy Madison of Leecy Madison Original Jewelry passes time reading INSTORE while waiting for her ride to the airport at the Viscount Hotel in Tucson after the show.. Have a pic of yourself reading INSTORE or wearing a Brain Squad or Jewelry Geek T-shirt? Send it to us at [email protected].

Willing to Try Something

Really enjoyed the “Build a Better Salesperson” article (February INSTORE). I have learned most of the ideas work very well, but am always willing to try something new to better our store and each person.
— Jim Alati, Simmons Fine Jewelry, Boise, ID

Advertisement

This article originally appeared in the March 2016 edition of INSTORE.


Who Needs a Large Inventory?

Seems that there is a lot of confusion about the diamond market. No one seems to know what direction we are going in. The magazines and vendors seem to recommend the bridal business but customers just don’t seem to have the money to spend on a good quality 1-carat diamond. Our older clients are the ones with the money and they want quality! So why should we as jewelers have a lot of dollars tied up in expensive inventory!
— Teddie Gause, Gause and Son Jewelers, Ocala, FL


The Viability
of Diamonds

With recent discussions about lab-grown diamonds, the Rapaport Group taking on DeBeers over pricing, lab certificate issues, etc. I find it interesting (and amazing, actually) that many people are wondering if there is a viable alternative to diamonds. Some, it seems, are actively looking into it with the hope that there is. Some are even taking a good-riddance attitude if it happens. Wow, just wow!
— Alex Weil, Martin’s Jewelry, Manhattan Beach, CA


Knockoffs a Scourge

Knockoffs. Replicas. Counterfeits. These are the scourge of our industry. The theft of a designer’s work serves not only to dilute the impact of original designs (making them less valuable emotionally) but to also train consumers to believe that no matter what they want, it can be had elsewhere for cheap. When the conversation stops being about originality, exclusivity, and story — it’s all about price. It is not sustainable and harms the industry long term. We all sell jewelry and each experience should be special yet instead we are allowing ourselves to turn into the Amazon.com of the truly precious, fighting over table scraps of consumer confidence and loyalty. Shame on those who don’t see the problem. You are what’s wrong with us and you are why consumers complain about price.
— Deric Metzger, DeMer Jewelry, Carlsbad, CA



Send your letter to INSTORE’s editors at [email protected].

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

Promoted Headlines

Most Popular