Connect with us

Commentary: The Business

Matthew Patton: Christmas Time Is Here Again … for the First Time

mm

Published

on

That hard work you put into fostering relationships with customers all year long is about to pay off.


I’m a fourth-generation jeweler and recently left a 70-plus-year-old family business to found my own. Up to this point, my experience of the Christmas selling season has been in the role of salesperson rather than store owner. I’ve been in the jewelry industry for a decade, and every Christmas brings its own unique feel and excitement. But because we are approaching our first year in business as a “retail showroom,” the holiday selling season this year will be very different from last year.

Fortunately, we are much more prepared for the fourth quarter and are greatly looking forward to it. Christmas time for us means getting the store decorated, hosting what will become our annual Ladies Night, possibly an open house, and getting in touch with our clients one more time before the end of the holidays.

Christmas is the time when the rubber meets the road, so to speak. We have worked hard all year long, tweaking everything from the proper selection of inventory to further enhance our product selection and cover more price points, to advertising, to education, to everything in between.

Advertisement

&#8220If you have been diligent and thorough, you will be greatly rewarded.”


Christmas means something a little different to everyone, but I think we all know that in this business, Christmas means one thing for sure: Your clients will be paying you a visit. They will look to you to know what their husbands or wives have on their wish lists and what the latest and greatest thing in the store is. Ultimately, they want our help to get that awesome gift that they may have been saving for all year long.

We are very fortunate that our target demographic is the same age as my wife and me. We find it easy to not only relate to them, but also to cultivate those relationships that we hope will ultimately turn into lifelong clients and friends. Cut Fine Jewelers is relationship-driven, and that means that we get to know the majority of our clients long before they will ever make their first purchase here — and that is exactly what I have always wanted.

The Christmas selling season is the culmination of a long year’s worth of hard work and challenges that comes down to 10 to 15 days that could make or break your year in sales. If you have been diligent and thorough, you will be greatly rewarded. May all of you out there have a very merry Christmas and a happy new year full of success and happiness.


Matthew Patton is the co-owner of Cut Fine Jewelers in Baton Rouge, LA, which was founded as appointment-only in 2012 and opened its showroom in 2014. Cut won third place in the Small Cool division of INSTORE’s America’s Coolest Stores contest in 2015.

Advertisement

Advertisement

SPONSORED VIDEO

Ready to Relocate? Wilkerson Makes Your Move Seamless

When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time. "We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them. Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Comments

Most Popular