The Business of Jewelry

New “The Business of Jewelry” Podcast Addresses Questions of Hiring

Peter Smith and Jimmy DeGroot discuss hiring questions, how to get the best people to interviews.

Published

8 months ago

August 18, 2023

INSTORE Staff

THIS MONTH, WE ARE excited to introduce a brand new podcast: The Business of Jewelry Podcast, featuring Jimmy DeGroot (Train Retail) and Peter Smith (The Retail Smiths). In this inaugural episode, Jimmy and Peter take on one of the most pressing issues in our industry today: hiring salespeople.

In a no-holds-barred conversation, the two industry vets revisit Smith’s book, Hiring Squirrels, to see what has changed in recent years. They discuss some of the most important questions to ask experienced and inexperienced salespeople, and Jimmy asks, “How do retailers get candidates to show up for interviews?” They also discuss why retailers need to be okay hiring candidates who are less than perfect, and why a structured interview process is critical.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”