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These Are the Lessons That Jewelers Learned in 2017

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Jewelers continue to grow and adapt.

What’s the biggest lesson you’ve learned about the jewelry business this year?

We took to social media — including our own platforms and the popular Jewelers Helping Jewelers Facebook group — to find out.

Here’s what jewelers had to say.

  • Nothing makes or breaks a store like the attitude of an owner! Bad attitude = deflated employees and lackluster customers. Great attitude = motivated team and excited clients! (Yes, “employees” versus “team” and “customers” versus “clients” was intentional.) — Jennifer Farnes, Revolution Jewelry Works, Colorado Spring, CO
  •  QUALITY still sells best for us. Always rely on what works best for your market. Continue to adapt as needed and always stay positive. — Jody Bond, Just Gold Jewelers, Stuart, FL
  • That sometimes it’s OK to know your limits with certain customers. If I am having no luck, I will find the best sales associate to assist them. — Luisa Valeria Smith, Cornerstone Fine Jewelry, Springfield, MO
  • Niche and unique goods set you apart! — Julie Terwilliger, Wexford Jewelers, Cadillac, MI
  • Change is inevitable in this business, and one must be ready to adapt in order to suceed!
    — Teri Vogan, Vogan Gold & Silver Works, Colorado Springs, CO
  • Some of the best deals you’ll ever make are the ones you pass on. — Richard Sherwood, Sherwoods, Sarasota, FL
  • That JHJ is a great group of professional colleagues who’s passions for this industry are sincere! — Greg Sorley, McSorley’s Fine Jewelry, Canfield, OH
  • Sometimes you have to say no to a repair job. — Jessica Ioerger, Lucky Hunter Jewelry Design, Eureka, IL
  • I can never predict my year by what is trending, and after 23 years, that’s a fact for my business. — Alison Shiboski, Shiboski Fine Jewelry Design, Eugene, OR
  • Sometimes it is necessary to take a risk on a large item to test your market. — Billy Smith, Cornerstone Fine Jewelry, Springfield, MO
  • That one better be ready for change, and be open to learning new skills. — Chris Simpson, London, England
  • “I learned it’s best to stand up for yourself even if it means you lose an account or two (trade shop). It makes room for a better client to come take their place!” — David Wilkinson Design, Cleveland, OH


This story is an INSTORE Online extra.

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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.”

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