Big Survey

The Big Survey 2020: Who Took This Survey

67. How many stores do you operate?

1
90%
2
7%
3-5
2.7%
6 or more
0.3%

68. Where is your (main) store located?

In a mall
2%
In a strip mall
23%
On a downtown street
33%
In its own free-standing building
25%
In a lifestyle center
6%
Office building/Business park
5%
Home studio
2%
On the Internet
1.5%
Other (please specify)
2.5%

69. In what state is your (main) store located?

The 2020 Big Survey attracted responses from jewelers in 48 states and Canada. Florida contributed the most, while West Virginia and Delaware were not represented.

70. Where is your store located by region?

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71. Which description of your business do you most closely identify with?

72. Check the paid services offered by your store.

Custom design
96%
Jewelry repairs
97%
Watch and clock repairs
63%
Engraving
71%
Other repairs (sunglasses, iPad screens, etc)
20%
Appraisals
86%
Consignment
37%
Jewelry rental
5%
Gold and other over-the-counter buying
76%
Jewelry safekeeping
5%
Other
2%

 

(Others included teaching metalsmithing, ear-piercing, trading gemstones and coins, jewelry restoration and other estate services, and loans on fine jewelry)

73. Which category most helps you stand out from your local competition?

Bridal
23%
Silver
1%
Estate
6%
Watches
3%
Colored gemstones
4%
Fashion jewelry
6%
Custom design
37%
Gold buying/pawn services
2%
Other
1%

74. How would you describe the market where your store is located?

Big urban market
10%
Suburban outskirts of a big urban market
15%
Medium-sized city (250,000-1 million people)
18%
Small city (25,000 to 250,000)
34%
Country town (up to 25,000)
18%
Resort area
4%
Other (please specify)
1%
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75. What is the total square footage of your (main) store?

Less than 500 sq feet
4%
500-999 sq feet
18%
1,000-1,499 sq feet
21%
1,500-1,999 sq feet
17%
2,000-2,499 sq feet
9%
2,500-2,999 sq feet
9%
3,000-3,499 sq feet
6%
3,500-3,999 sq feet
3%
4,000-5,000 sq feet
5%
More than 5,000 sq feet
6%
NA
1.5%

76. How long has your business been in operation?

1-5 years
5%
6-10 years
5%
1-20 years
13%
21-30 years
16%
31-40 years
19%
41-50 years
15%
51-100
20%
100-150
5%
More than 150 years
1%

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

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