(PRESS RELEASE) NEW YORK – The Plumb Club’s June podcasts from jewelry industry experts focus on giving retailers a better understanding of how their products are priced by their vendors and how products can be secured either via construction and attachments, or insurance.
Do You Know What Goes into Your Product Wholesale Price?: Ever wonder how your suppliers arrive at the price they charge you? Corinna Bhasin provides insight into the various costs and elements that make up a product wholesale price. She discusses bills of materials and how changing markets and commodities can affect the price and value of a piece resulting in differing prices during the lifespan of a style. Corinna Bhasin is the Vice President of F.D. Worldwide Merchandise Group. A merchandising and manufacturing house for fine jewelry since 1994.
Jewelry Security and Maintenance for Investment Jewelry: For many consumers, securing and maintaining their jewelry investment is paramount. Ralph Quackenbush discusses the various options for securing an item, such as the items’ construction and attachments. Further, he talks about how to insure an item and opportunities a retailer has to further engage a customer after the purchase in order to keep themselves in top of mind. Ralph Quackenbush is a senior sales representative for W.R. Cobb Company, a full-service manufacturer, providing solutions to retailers.
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.
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."
