(PRESS RELEASE) NEW YORK — The Plumb Club’s August podcasts provide retailers with expert thinking and insight on how to leverage the growing popularity of trending and profitable categories, such as colored gemstones and pearls. These trending categories help a retailer to fulfill increasing consumer desire, augment sales and differentiate from other retailers in this market.
The Disruption in the Diamond Market and Effect on the Colored Gemstone Space: The disruption in the diamond market is creating a growing space for the colored gemstone category. The team at Sandeep Diamonds talks about how the category is booming and a retailer’s advantages of being in the colored gemstone market. They take the listener through the positive changes in the mining of colored gemstones with more operations valuing transparency, responsible mining practices and corporate responsibility. They highlight the new opportunities the boom has provided for the more exotic varieties in the category, identifying it as one of the biggest opportunities that has happened in years. However, they also outline the potential challenges that a retailer needs to consider when entering this market. Founded in 1986, Sandeep Diamond Corporation caters to major retailers in the US and Latin America.
10 Pearl Myths Busted: Pearls are enjoying a renaissance of popularity, but there are still some preconceptions that need to be clarified to help a retailer take advantage of the increased awareness and boost their pearl sales. In this podcast, on behalf of Mastoloni, Cheryl Kremkow breaks down the top 10 pearl myths that many customers believe and demonstrates how, in fact, many of these beliefs are outdated and no longer true. She also provides great information on the numerous varieties of pearls that exist, as well as their origin and growth as well as the factors that go into the grading of pearls – “The 6 S’s”! Once a retailer understands the true pearl facts, they can dispel the myths and preconceptions and guide their customers to the perfect pearl strand or style that will suit them best. Mastoloni is one of the most trusted and respected pearl industry veterans known worldwide for their ability to supply virtually any cultured pearl desired.
The Plumb Club podcasts, which are added monthly, provide strategies, knowledge and immediately actionable steps from industry leaders, that help retailers across a variety of business areas. The newest podcasts, as well as the previous ones, are available on The Plumb Club website under the “Resources” tab: https://plumbclub.com/resources/plumbclubpodcasts/
Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.
