Press Releases

JBT Announces the Last in a Suite of Four New Programs for Members

The social media tracking for the jewelry industry.

Published

2 years ago

September 1, 2021

Press Releases

(PRESS RELEASE) WARWICK, R.I. — The Jewelers Board of Trade (JBT), the industry leading resource for credit data on jewelry businesses, announces its fourth new program within a larger suite of new initiatives for existing members, the JBT Social Media Tracking Program.

JBT is undergoing its first major refresh in decades focused on technological changes in the industry with new products to better serve members changing needs and to increase internal efficiency.

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What hasn’t changed at JBT is the company’s overarching mission. JBT continues to be the most reliable provider of credit information and marketing data on thousands of jewelry businesses. They maintain a strong commitment to independence, data security, and a focus on serving member’s needs.

Recently JBT announced their preferred Partner Program with Podium to provide messaging tools for jewelers, and earlier this week they announced an automated UCC filing service with CLAS for memo goods and a new API system that seamlessly integrates JBT data with member’s systems.

The fourth new program being announced today is JBT’s Social Media Tracking Program exclusively for the jewelry industry.

With the industry changes brought about in the past year due to the COVID-19 pandemic, an online social media presence has become more important than ever before. With this shift, JBT immediately recognized the need for the industry to be able to track their success against industry benchmarks and competitors. After months of hard work, JBT has built a new system which automatically tracks the number of social media posts and follower growth trends for both retailers and suppliers – enabling them to better gauge how they are performing against others. With this new system comes the ability for JBT Members to filter data based on region and to view overarching trends over select time periods.

This new program is available immediately for all Enhanced and Retail JBT members. It is also available as an additional filter via JBT’s marketing list program, further enabling vendors to target a specific subset of the market based on social media metrics, credit data, and more.

According to Erich Jacobs, JBT President: “This is groundbreaking technology for our industry and JBT is proud to provide this service for our members.”

Social Media Tracking is available for our enhanced Standard and Retail members.

It Was Time to Make a Decision. It Was Time to Call Wilkerson.

Except for a few years when he worked as an accountant, Jim Schwartz has always been a jeweler. He grew up in the business and after “counting beans” for a few years, he and his wife, Robin, opened Robin James Jewelers in Cincinnati, Ohio. “We were coming to a stage in our life where we knew we have to make a decision,” says Jim Schwartz. He and Robin wanted to do it right, so they called Wilkerson. The best surprise (besides surpassing sales goals)? “The workers and associations really care about helping us move out own inventory out of the store first. It was very important to us.”